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ABL Underwriting Portfolio Manager I or II

Wintrust · Chicago, IL · $71,000–$110,000 a year · Full time

Posted Jul 10, 2026 · We last checked this listing on Oct 6, 2026

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Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

About your past

Tell me about a credit you underwrote that later had problems. What did you learn?

What they are checking: Their honesty and how they improved their judgment from experience.

This role is open at level I or II. What experience do you bring that shows where you'd fit?

What they are checking: Whether they can honestly describe their level and readiness for more responsibility.

What would you do

A borrower's dilution has been rising for three months. What does that tell you, and what do you do?

What they are checking: Their ability to spot collateral warning signs and act early.

A relationship manager wants to raise an advance rate to help a client. How do you respond?

What they are checking: Whether they can defend collateral discipline while still looking for workable options.

About the work

Walk me through how you calculate a borrowing base for an asset-based loan.

What they are checking: Their core ABL skill, including eligible receivables, inventory advance rates and reserves.

Which receivables would you exclude from eligibility, and why?

What they are checking: Their understanding of risks like aged invoices, concentrations and related-party accounts.

How do field exams and inventory appraisals affect your underwriting?

What they are checking: Whether they know how to use outside reviews to confirm collateral value.

When is asset-based lending a better fit for a company than a cash flow loan?

What they are checking: Their understanding of when ABL makes sense, such as thin margins or fast growth.

How do you monitor a portfolio of ABL loans day to day?

What they are checking: Their habits for tracking borrowing base certificates, covenants and collateral reports.

How do you write a credit memo for an ABL deal that a committee will trust?

What they are checking: Their ability to clearly explain collateral, structure and risk.

Practice this interview out loud.

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The full job description

As published by Wintrust.

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 12 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 The ABL Underwriting Portfolio Manager is responsible for underwriting new business opportunities and managing an existing portfolio of credit relationships. This role is expected to liaise between all parties to ensure timely and efficient analysis that meets the expectations of the Borrowers, Lenders and Administration Team. Why join this team? • We are a high performing, collaborative, and diverse team focused on growing the business by providing excellent service to clients and partners. • We hold ourselves accountable to high standards, share wins, operate ethically, and have fun. • Our portfolio of clients and assets allows us to grow in our knowledge base and provides for plenty of opportunities for exposure to executive management. ​ What You'll Do • Manage an assigned asset-based portfolio of commercial customers • Structure and underwrite asset-based loan transactions ($5MM - $100MM aggregate credit exposure) for existing portfolio customers and new business transactions • Coordinate the collection and review of financial statements, compliance certificates, and collateral reports to comply with customers’ reporting requirements • Assist in review and negotiation of loan documentation in consultation with legal counsel and ensure deals are closed properly • Serve as contact for, provide support of and responses to internal audits, loan review, compliance reviews and regulatory exams for the bank as needed • Comply with all bank policies and procedures as well as applicable state and federal regulations Qualifications • Bachelor's degree from an accredited institution with a business, finance, economics, or accounting major (preferred) • Minimum 3 years of Middle Market Asset-Based / Commercial Banking experience preferred; ($25MM - $250MM+ company revenue, $5MM - $50MM aggregate credit exposure) • Thorough understanding of general credit and risk principles as it applies to asset-based lending • Working knowledge of MS Office: Excel, Word, PowerPoint, and financial forecast models including 13-week cashflows • Excellent oral and written communications skills • Strong analytical, organizational and time management skills • Proven ability to manage tasks in a timely and efficient manner • Strong interpersonal skills with a proven ability establishing client relationships and working within a team environment 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-$110,000, 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.

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