Loan Servicing Specialist

Wintrust is a financial holding company with approximately $62 billion in assets whose common stock is traded on the NASDAQ Global Select Market. Guided by its “Different Approach, Better Results” philosophy, Wintrust offers the sophisticated resources of a large bank while providing a community banking experience to each customer. Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market areas. In addition, Wintrust operates various non-bank business units, providing residential mortgage origination, wealth management, commercial and life insurance premium financing, short-term accounts receivable financing/outsourced administrative services to the temporary staffing services industry, and qualified intermediary services for tax-deferred exchanges. Our unique business model is a competitive strength and value driver, powered by our talented colleagues who put our customers first and achieve better results for our clients.

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:

• Review and interpret commercial loan approvals and documents for proper booking on the ACBS loan servicing system. 

• Fund loans via wire transfer system, DDA or check.

• Ensure proper booking and earnings of all loan fees/costs in accordance with loan documentation.

• Maintain loan system data integrity to accurately reflect loan file contents, as well as ensure accurate management reporting.

• Process loan payments, advances, payoffs and general maintenance for Middle Market Loan Portfolios within the ACBS loan servicing system.

• Communicate and respond to inquiries from lenders, credit reporting, finance, and quality control groups.

Qualifications:

• 3-5 years in Commercial Loan Operations or Commercial Servicing.

• Understanding of complex commercial lending structures and loan documentation (LaserPro and Attorney prepared).

• Prior experience in booking on the ACBS loan servicing system.

• Prior experience in commercial loan operations and a good understanding of loan accounting systems, general ledger and finance interaction.

• Experience with commercial loan systems/software.

• Ability to perform duties with a high level of accuracy, meet deadlines within tight timeframes and multi-task when the situation calls for it.

• Participation/syndication knowledge a plus.

• Ability to recognize and communicate special handling needs for complex loan transactions.

• Strong analytical skills.

• High School Diploma 

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 annual 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.

#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.