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Loan Processing Specialist - Intermediate Level

Wintrust Financial Corporation
Rosemont, IL Full Time
POSTED ON 7/2/2024 CLOSED ON 8/3/2024

What are the responsibilities and job description for the Loan Processing Specialist - Intermediate Level position at Wintrust Financial Corporation?

Wintrust is a financial holding company with approximately $50 billion assets under management and traded on the NASDAQ:WTFC. 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 170 banking locations in the greater Chicago and southern Wisconsin market areas. Additionally, Wintrust operates various non-bank business units including commercial and life insurance premium financing, short-term accounts receivable financing, out-sourced administrative services, mortgage origination and purchase, wealth management services and qualified intermediary services for tax-deferred exchanges.

Why join us?

  • An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 10 years) and Employee Recommended award by the Globe & Mail (past 6 years)
  • Competitive pay and discretionary or incentive 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
  • With 175 community bank locations, we offer opportunities to grow and develop in your career
  • Promote from within culture

Why join this team?

  • We have a culture that encourages an entrepreneurial spirit
  • We offer multiple opportunities for development and upward mobility

What You’ll Do

  • Exception reporting
  • Niche loan processing
  • SBA and participation processing and reporting
  • Resolving billing errors
  • Monitors and processes loan requests and inquiries submitted in the Loan Operations mail box, maintenance and research including reconciling items from the loan control account
  • Research and resolve complex requests
  • Ensures proper booking and earnings of all loan fees/costs in accordance to Financial Accounting Standards and Financial Management policy.
  • Ensures that all transactions between the loan system and general ledger are balanced. Research and resolve general ledger differences.
  • Provides customer service to external and internal customers.

Training/ Education/ Experience Required

  • 3 years’ experience in financial services
  • Office or teller experience; loan operations and loan documentation experience a plus
  • High school diploma or equivalent required
  • General computer skills
  • Must have significant experience with commercial loans
  • Must have significant back-office loan processing experience with commercial , residential and small business loans

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

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 be Chicago’s Bank® and Wisconsin's Bank®, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices. 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, national origin, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.
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