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Factoring Portfolio Manager – Wintrust Receivables Finance
| Company | Wintrust |
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| Location | Chicago, IL, USA |
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| Salary | $85000 – $115000 |
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| Type | Full-Time |
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| Degrees | Bachelor’s, Associate’s |
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| Experience Level | Senior |
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Requirements
- Associate or bachelor’s degree in Accounting, Finance, or related field preferred
- Minimum 5 years of factoring and/or receivables finance experience, including commercial underwriting
- Must be detail focused and well organized with the ability to multitask
- Good interpersonal and customer relations skills are required to deal with clients and department personnel
- Ability to proactively and confidently communicate verbally and in writing will all levels of management, clients and attorneys
- Ability to work independently and use independent judgment with minimal supervision
- Strong knowledge of Microsoft Office applications (specifically MS Excel) and ability to pick up on new systems quickly
Responsibilities
- Work closely with Assistant Portfolio Manager in day-to-day responsibilities including but not limited to:
- Maintaining an effective line of communication on assigned accounts to ensure a high level of portfolio monitoring
- Monitoring and updating ticklers, ensuring client is in compliance with collateral reporting (AR, AP, financials, etc.)
- Monitoring Account Debtor purchase limits, ensuring timely reviews and updates
- Reviewing and purchasing the assignment schedules after they have been processed
- Work with the borrower to resolve any questions/issues relating to collateral, reporting requirements, etc. and approve daily client advance requests
- Complete necessary Credit Approval documents for prospects, renewals, line increases, etc.
- Review trend cards and actively participate in portfolio reviews
- Adhere to Bank Compliance policies and procedures
- Perform all other duties as required
Preferred Qualifications
No preferred qualifications provided.
