Full-Time

Underwriter

Posted on 4/13/2025

Wintrust

Wintrust

1,001-5,000 employees

Community banking and financial services provider

Compensation Overview

$65k - $100k/yr

+ Bonus

Mid, Senior

Highland Park, IL, USA

Category
Risk Management
Finance & Banking
Required Skills
Financial analysis
Connection
Connection
Connection
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Requirements
  • Bachelor’s degree, preferably in a business-related field such as accounting or finance
  • Minimum of 2-5 years' experience underwriting CRE loan requests
  • Sound understanding of CRE credit analysis techniques including cash flow and evaluation of collateral
  • Ability to make timely decisions in a fast-paced, time-sensitive environment
Responsibilities
  • Evaluates commercial real estate loan requests for investors/sponsors using a thorough knowledge of industry fundamentals
  • Demonstrates effective time management by balancing multiple priorities within individual workload
  • Communicates with and effectively interacts with all levels of management, including lending personnel, loan operations staff and related departments
  • Analyzes the financial condition of existing and prospective bank customers
  • Accurately reviews financial statements, tax returns and other financial information submitted by applicants
  • Recognizes trends impacting risk of repayment, the Bank’s collateral position and the ability of the borrower/sponsor to satisfactorily execute a project
  • Recommends risk rating adjustments supported by changes in the borrower’s financial condition, collateral or other factors impacting risk
  • Analyzes markets and asset classes and has a thorough knowledge of the risks associated with the same
  • Assesses the risks inherent in each market/asset class and suggests appropriate financing structures accordingly
  • Analyzes and validates ongoing customer financial reporting for tracking to underwriting metrics
  • Reports on delinquent reporting and assesses risk rating accuracy
  • Maintains tickler system for accurate tracking and reporting of borrower required reporting including financial statements, tax returns, covenants, etc.
  • Makes sound credit decisions based on accurate analysis of information provided with loan requests
  • Exhibits thorough knowledge of fair lending issues, rules and various regulations that directly impact the CRE lending area
  • Seeks alternative means of financing or counter offers for all borrowers, if appropriate
Desired Qualifications
  • Experience with Private Equity/fund sponsors
  • Experience with development/construction transactions
  • Formal credit training is a plus

Wintrust Financial Corporation operates as a financial holding company that offers a variety of banking and financial services. It provides traditional community banking and commercial banking services, wealth management solutions, and mortgage origination. Additionally, Wintrust offers commercial and life insurance premium financing. The company serves personal and business banking needs through over 175 community bank locations primarily in the greater Chicagoland area, northwest Indiana, southern Wisconsin, and Florida. What sets Wintrust apart from its competitors is its strong focus on community-oriented services, ensuring that customers receive personalized attention and support tailored to their local needs. The goal of Wintrust is to foster financial growth and stability within the communities it serves.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Rosemont, Illinois

Founded

1995

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing interest in digital fundraising boosts potential for Wintrust's tech-driven financial solutions.
  • Proptech investments suggest opportunities for Wintrust in real estate technology financing.
  • Healthcare financing growth, as seen with P1 Dental Partners, offers expansion potential for Wintrust.

What critics are saying

  • Increased fintech competition could challenge Wintrust's digital financial services market share.
  • Proptech disruptions may affect Wintrust's traditional real estate banking services.
  • Healthcare sector volatility poses risks to Wintrust's investments in this area.

What makes Wintrust unique

  • Wintrust's involvement in diverse sectors showcases its versatile financial services.
  • Participation in P1 Dental Partners' credit facility highlights Wintrust's healthcare financing expertise.
  • Wintrust's collaboration with modern banks indicates strong strategic partnerships.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Parental Leave

Employee Assistance Program (EAP)

Flexible Spending Account (FSA)

Employee Stock Purchase Plan

Transportation and Commuting Benefits

Pet Insurance

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