Mortgage Warehouse Lending Specialist (Finance)
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 11 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 Mortgage Warehouse team is seeking a Lending Specialist to provide excellent customer care to our clients. As a Lending Specialist, you will fulfill transactions related to processing outgoing and incoming wires and collateral tracking. This client-facing role requires effective written communication, attention to detail, accuracy, and a sense of urgency to be successful.
What You'll Do
Monitor the incoming wire queue and process outgoing wire requests within the established SLA per the client's approved product parameters described in the Credit Approval
Evaluate required documents, approve initial and subsequent draw requests, and sweep funds to the client's operating account; monitor reports to ensure the client does not exceed the construction sub-limit
Apply incoming wires, research unidentified incoming wires, and calculate the daily amount for sweeps to the clients operating account
Collateral management including intake and entry of incoming Notes into the system, inventory, process request to ship the Notes; weekly reporting and status update for wet Notes
Post the net of incoming and outgoing wires in the system at the end of each business day and allocate the balances to participating banks in the Bank's system of record and business application
Generate monthly invoices, bill clients, and sweep payments from clients' accounts; produce a monthly Board Reporting package shared with the Bank's Board of Directors
Qualifications
Minimum 5 years' banking experience with strong knowledge of account opening, commercial loan servicing a plus
Exceptional customer service skills
Strong verbal and written communication skills
High level of organization and time-management with keen attention to detail and the ability to respond quickly to changes in priorities and tasks
Proficient in MS Office including Excel and Word; familiarity with FIS, Salesforce, and/or ACBS a plus
Knowledge and understanding of various loan documents, banking processing standards, best practices, and audit control procedures
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 $50,000 - $65,000, 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.
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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.
