STEVEN BAILEN
Morton Grove,IL
Summary
Strategic and results-driven Relationship Manager of Consumer Lending with over 20 years of experience. Strong understanding of loan products, providing a value-added experience through the loan process. Manage a $50M+ portfolio of consumer loans mitigating risk through rigorous financial analysis. Expert in loan lifecycle management, regulatory compliance, and business development.
Overview
20
20
years of professional experience
Work History
Relationship Manager-Vice President – Consumer Lending
Wintrust Bank, N.A.
Skokie, IL
01.2016 - Current
- Portfolio Oversight: Responsible for managing a $50MM+ loan portfolio of 500+ files of multiple types of consumer loans including HELOC’s, Marketable Securities Lines of Credit and Unsecured Loans.
- Credit Approval: Approve consumer loans with aggregate exposure up to $2MM over 50 branch locations within three Wintrust Financial charter banks.
- Financial Analysis & Underwriting: Review income, asset, and credit documentation in making sound credit decisions; this includes analyzing credit reports, financial statements, and tax returns for large, complex loan requests.
- Strategic Growth: Develop and maintain strong relationships with clients for new and repeat business and referrals. Brief customers on loan products and help them determine what best fits their needs.
- Risk Mitigation: Proactively manage loan portfolio to monitor credit worthiness and detect warning signs of delinquency. Lead semi-annual audits of Home Equity Line of Credit portfolio to identify problem loans early and recommend downgrade of risk rating and continued loan reporting.
- Compliance & Training: Review documentation to ensure compliance with regulations, policies, and procedures. Successfully trained five underwriters and processors. Training resulted in a quicker response to loan requests, delivering a higher level of customer service.
- Construction Draw Monitoring: Review, process and approve construction to permanent loan draw requests ensuring balanced budgets and completion of work before disbursing funds.
Assistant Vice President-Loan Officer
Wintrust Bank, N.A.
Skokie, IL
01.2006 - 01.2016
- Reviewed and approved consumer and small business loans.
- Managed a diverse portfolio of consumer and small business loans, addressing client needs.
- Oversaw the complete loan lifecycle from application to closing, ensuring a seamless customer experience.
- Cross-sold bank products including the referral of opportunities to other departments including Mortgage Lending, Personal Banking, Business Banking, Wealth Management and Trust Services.
- Provided excellent customer service by explaining obligations and resolving discrepancies.
- Monitored loan accounts to ensure payments were up to date.
- Cleared exceptions of financial and documentation items to keep loan files in compliance.
- Ensured compliance with lending regulations while processing loans efficiently and accurately.
Education
Bachelor of Arts -
Northern Illinois University
DeKalb, ILSkills
- Loan Origination
- Financial Analysis
- Credit Risk Assessment
- Regulatory Compliance
- Encompass, Excel, FCM Image Center
Timeline
Relationship Manager-Vice President – Consumer Lending
Wintrust Bank, N.A.
01.2016 - Current
Assistant Vice President-Loan Officer
Wintrust Bank, N.A.
01.2006 - 01.2016
Bachelor of Arts -
Northern Illinois University