Municipal Lender - Wintrust Government Banking (Finance)
Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich., and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol “WTFC.”
Why Join Us?
An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 11 years) and Employee Recommended award by the Globe & Mail (past 6 years)
Competitive pay and annual discretionary bonus eligible
Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
Family-friendly work hours
Promote from within culture
Why Join this Team?
Our team is in a unique position that allows us to collaborate with all Wintrust Charters, have exposure to executive management, and develop new client relationships
With a large and growing physical presence, award-winning customer service, excellent local bankers, high community involvement and competitive product offerings, we offer area local governments value that other banks can rarely match
Government Banking and Wintrust Government Funds partners with local bankers to offer innovative, tailored and industry-specific lending and treasury management solutions to area local governments. Together, we have quickly become a leading bank to governments where we have a physical presence. We are currently seeking a Municipal Lender to provide government lending expertise to Wintrust Charters generating more robust relationships with local government agencies. The ideal candidate will bring drive, creativity, resourcefulness, and passion for public service to continue growing our business in established and new markets.
What You'll Do
Identify requests from customers or promising in-market prospects that build or solidify banking relationships and boost market share
Structure loan terms to meet borrower objectives and fit their borrowing authority, mitigate risk and offer Lender an attractive return and/or other benefits
Underwrite new loan requests and navigate our internal credit approval process
Draft bid forms, term sheets, and commitments summarize approved terms
Manage the financing pipeline to meet all bid/commitment deadlines
Participate in client/prospect calls, association events and other outreach
Develop and maintain a referral network of internal and external Centers of Influence to generate new business opportunities
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Portfolio Management:
Draft annual reviews or coordinating reviews of existing municipal exposure
Add and update existing exposure tracking systems and reports
Take on additional responsibilities in response to evolving circumstances
Qualifications
Bachelor's degree in business administration, finance, accounting, or related discipline
Minimum 7 years' commercial or investment banking and/or commercial credit experience, preferably within the municipal lending/public finance space
Passion for public service, building municipal finance expertise and relationships
Thorough understanding of general credit and risk principles, mitigates, and banking policies/procedures
Strong analytical and financial modeling abilities
Ability to effectively communicate both verbally and in writing with all levels of management, including lending personnel
Strong interpersonal skills with a proven ability to establish client relationships
Effective time management by balancing multiple priorities within individual workload
Proficiency using Microsoft Office products including advanced Excel modeling skills
Benefits
Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long-term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance
Compensation
The estimated salary range for this role is $117,000-$158,000, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate's qualifications, skills and experience.
#LI-AC1
From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.
