Mortgage Warehouse Lending Specialist at Wintrust Financial Corporation in Countryside, Illinois

Job Description:

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 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




• With 175+ community bank locations, we offer opportunities to grow and develop in your career




• Promote from within culture

The Mortgage Warehouse team is growing, and we are 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

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.