What are the responsibilities and job description for the Assistant Loan Officer (New Business) - Newark, NJ position at Wintrust Life Finance?
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 $50 billion in assets. Why join us? An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 9 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 This role is focused on new business Attain performance and financial goals through individual team management Assess, evaluate, and report on individual team Monitor team performance against service level agreements Ensure individual team adheres to all Policies and Procedures Manage daily operations of individual team Maintain individual team book of business Review and approve loan underwriting documents Ensuring accuracy and integrity of internal administrative system Resolve customer escalations Build solid relationships to ensure transparent feedback and successful partnerships Provide “best in class” service and act as point of contact for escalations Ensure and own client satisfaction and actively work on solutions and improvements to better business Conduct themselves as an ambassador of company culture code Model strong leadership communications Manage individual production team Train and develop talent into positions of increasing responsibility at the individual level Resolve talent-related issues and challenges Knowledge/Skills/Background/Experience 5 – 7 years of financial services or insurance industry experience At least 1 year of Leadership Experience is preferred Bachelor’s degree, preferred Strong knowledge of Life Insurance industry products Possess strong leadership qualities Knowledge of standard business practices and working in team environment Detail oriented with strong analytical skills Strong communication skills and work ethic Ability to work independently and prioritize in a fast paced 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 #LI-HYBRID 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. In 1991, we opened one storefront community bank location with one specific goal: to provide an alternative to the big banks that were just beginning to flood the market. We believed— and still do—that people deserve a warm, friendly, honest, and highly responsive banking experience. Today, we’re proud to be Chicago’s Bank® and Wisconsin’s Bank®. We’ve also grown into a company with a presence across the United States and Canada. We have more than 175 community banks and provide a variety of offerings, including commercial banking, premium financing, mortgage origination, wealth management, and short-term accounts receivable financing, just to name a few. Every bank and group that has joined the Wintrust family along the way has stayed true to that original mission, thanks to our employees who serve as brand champions and live our values. Entrepreneurial, customer-focused, and team-oriented people thrive here at Wintrust. We approach each day intent on making an impact and believe in providing truly distinctive customer service. We’re not just in the communities we serve. We’re part of them. Wintrust is pleased to provide employees with a total reward that includes: Competitive base pay and bonus opportunities. A wide array of generous benefits. Employee services and programs. Extensive training and development. Time off and community involvement opportunities. Meaningful work focused on serving our customers and improving our communities. Wintrust may collect personal information from you in connection with the application process. Wintrust complies with the California Consumer Privacy Act of 2018, and its policy may be found here Click here for Equal Opportunities.
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