Municipal Lender - Wintrust Government Banking (Finance)

Wintrust is a financial holding company with approximately $62 billion in assets whose common stock is traded on the NASDAQ Global Select Market. Guided by its “Different Approach, Better Results” philosophy, Wintrust offers the sophisticated resources of a large bank while providing a community banking experience to each customer. Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market areas. In addition, Wintrust operates various non-bank business units, providing residential mortgage origination, wealth management, commercial and life insurance premium financing, short-term accounts receivable financing/outsourced administrative services to the temporary staffing services industry, and qualified intermediary services for tax-deferred exchanges. Our unique business model is a competitive strength and value driver, powered by our talented colleagues who put our customers first and achieve better results for our clients.

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

• 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 be Chicago's Bank® and Wisconsin's Bank®, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices. 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, national origin, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.