28 days old

Assistant Account Executive (ABL) - Chicago

Wintrust Financial Corporation
Chicago, IL 60602
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Our WRF ( Wintrust Receivables Finance) Assistant Account Executive manages daily collateral and loan analysis for their assigned portfolio of clients. This position reports into the Team Lead. In addition, the WRF Assistant Account Executive will assist in new client onboarding.


  • Understands and manages accounts consistent with the Bank approvals and Account Purchase Agreement
  • Reviews, analyzes and reconciles the invoice assignment schedules and supporting documentation to confirm the value of the borrower's collateral
  • Manages account debtors and processes new purchase limit requests
  • Processes new assignment schedules into the loan system
  • Advises the Account Executive/Team Lead of reporting inadequacies and problems and, under the Account Executive's/Team Lead's direction, work with the borrower to resolve these problems
  • Monitors and updates ticklers, ensuring client is in compliance with collateral reporting (AR, AP, Financials, Etc.)
  • Monitors Account Debtor purchase limits and works with WRF to ensure timely reviews, updates, etc. of all purchase limits
  • Prepares trend cards and participates in portfolio reviews
  • Perform verification and collection calls with Account Debtors
  • Maintains an effective line of communication with the Account Executive on assigned accounts, and alerts them to any unusual trends observed in performing routine job duties
  • Maintains a professional and courteous manner with all borrowers, including assisting borrowers by answering questions and resolving problems promptly
  • Ensures all client information is saved properly on the server
  • Adheres to Bank Compliance policies and procedures
  • Performs all other duties as required

Wintrust is a financial holding company with assets of over $30 billion whose common stock is traded on the NASDAQ Global Select Market. Built on the "HAVE IT ALL" model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank subsidiaries, with over 160 banking locations located in the greater Chicago and southern Wisconsin market areas. Additionally, Wintrust operates various non-bank business units including business units which provide commercial and life insurance premium financing in the United States, a premium finance company operating in Canada, a company providing short-term accounts receivable financing and value-added out-sourced administrative services to the temporary staffing services industry, a business unit engaging primarily in the origination and purchase of residential mortgages for sale into the secondary market throughout the United States, and companies providing wealth management services and qualified intermediary services for tax-deferred exchanges.


  • 1-5 years of Banking operations or Asset Based Lending operations experience
  • Associates or Bachelor's degree in Accounting or related field

  • Must be detail focused and well organized with the ability to multi task
  • Good interpersonal and customer relations skills are required to deal with clients and department personnel.
  • Proactive/confident communication skills (both verbal and written) to interact with senior management, clients, attorneys, etc.
  • 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

We provide an engaging, dynamic work environment, an excellent compensation package including 401k, employee stock purchase plan, medical/dental, life insurance and more!

Wintrust Financial Corporation (including community banking and financial services subsidiaries) is an Equal Opportunity/Affirmative Action/Veterans/Disability employer.

For Indeed users, please forward resume to: ADangerfield@wintrust.com


Jobs Rated Reports for Accountant

Posted: 2019-11-10 Expires: 2019-12-09
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Assistant Account Executive (ABL) - Chicago

Wintrust Financial Corporation
Chicago, IL 60602

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51st2018 - Accountant
Overall Rating: 51/220
Median Salary: $69,350

Work Environment
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