Senior Level Banker – Wealth Services

Job Description

Private Client Banker III | Confidential Employer

The Tone:
This is a full-time role at Wintrust Bank, located within its extensive branch network across Illinois, Florida, Indiana, Michigan, and Wisconsin, or commercial banking offices. Wintrust provides comprehensive community and commercial banking, specialty finance, and wealth management services, maintaining a focus on personalized, relationship-driven service. This senior-level position is crucial for cultivating and expanding relationships with high-net-worth private clients, offering tailored banking and lending solutions that drive profitable growth for the institution.

The TL;DR
• Role: Full Time
• Type: Full-time
• Location: In-person – Multiple Locations, USA (Illinois, Florida, Indiana, Michigan, Wisconsin)
• Pay: $141000–$190000 yearly
• Team: Wealth Services team, collaborating with internal partners
• Mission: To profitably grow high-net-worth client relationships by providing customized banking and lending solutions.
• Tech Stack: Microsoft Office products

What You’ll Actually Do
• Portfolio Management: Maintain and develop existing client portfolios by assessing and supporting all banking and customized lending solution needs of high-net-worth clients, aiming for profitable growth.
• Relationship Development: Explore new opportunities to develop relationships through creative credit and non-credit solutions, leveraging other business partners.
• Loan Structuring: Negotiate proper loan structures and effectively cross-sell banking and lending products to clients.
• Risk Mitigation: Ensure consistency in deal structuring to align client needs with appropriate risk mitigation through detailed analysis and credit underwriting, including presenting at Loan Committee.
• Documentation and Collections: Maintain properly documented files, manage renewals, and oversee collection efforts for past due and defaulted loans.

The Must-Haves
• Background: Senior level banker with a College Degree in Business, Finance, Accounting, Real Estate, or Economics preferred.
• Experience: Minimum of 7 years developing and managing relationships with high-net-worth clients, plus hands-on experience in applying deep credit expertise, working knowledge of investment portfolios and trust solutions, and demonstrated experience working in a team environment.
• Skills: Deep credit expertise, credit underwriting, risk identification, financial analysis, loan structure negotiation, cross-selling, and proficiency in Microsoft Office products.
• Bonus: Formal credit training.