Supervisor Operations (Project Management)

As the largest life insurance premium finance company in the country, Wintrust Life Finance provides customized financing solutions to qualified borrowers seeking to finance their life insurance premiums. Our financing solutions have supported numerous planning structures, including traditional wealth transfer, key-man insurance, buy-sell arrangements, split dollar arrangements, term alternatives, charitable giving, income replacement strategies, and more. Wintrust Life Finance is a subsidiary of Wintrust, a financial services company with more than $66 billion in assets.

Wintrust Life Finance is seeking a highly motivated individual to supervise Portfolio Management in the day-to-day monitoring of outside assets pledged as collateral. This will include identifying transactions for unsecured positions and supporting production related programs.  

What you'll Do

• Manages Senior Portfolio Management Analysts and Portfolio Management Analysts (each and collectively, “PMAs”) in ensuring that brokerage statements are received and entered into the system correctly and in a timely manner. Trains and mentors PMAs in various aspects of Portfolio Management.

• Helps PMA's identify transactions that have been unsecured and interacts with Senior Management to ensure that soft default/default letters are issued in a timely manner.

• Accurately leads team to prep Collateral Management Meeting reports and minutes on a weekly basis.

• Backs up the SVP – Portfolio Management on other projects and with other items related to multi-life financing program.

• Manages custody of all collateral items in safe to ensure they are properly accounted for. Some of the items in the safe are Letters of Credit, Policies and other tangible collateral. Daily tracking and quarterly inventory is required. Also, leads team n occasionally confirming authenticity with bank.

• Reviews collateral values within approval limits to make sure the Administrative System aligns with value statements and that provenance is valid. Also, helps manage those on his team that are authorized for this task.

• Within periods of elevated market volatility: Identifies potential unsecure loans, helps to coordinate additional statement requests, oversees additional statement entry and reports progress to Senior Management.

Qualifications:

• Associates degree

• Two years of related work experience

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 $71,000 - $92,000 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-HYBRID

#LI-LR1

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.