Credit Analyst

Wintrust Financial Corporation • Oak Lawn, IL

1d • Onsite

About The Position

Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers sophisticated solutions while maintaining a relationship-focused, personalized service. The company serves clients in all 50 states with over 200 branch banking locations and commercial banking offices. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and is consistently ranked as a top place to work. Beverly Bank and Trust, a part of Wintrust, is seeking a Credit Analyst to support its lending team. This role involves working alongside relationship managers, business development managers, and portfolio managers to understand the operating performance and borrowing needs of prospective clients, as well as assisting with ongoing support for existing clients.

Requirements

• Bachelor’s degree in business, finance, accounting, or related major
• Up to 3 years’ credit analysis experience
• Excellent verbal and written communication skills
• Strong analytical, organizational, and time management skills with a keen attention to detail

Nice To Haves

• formal credit training is a plus

Responsibilities

• Evaluate business banking loan requests using a thorough knowledge of loan policy, guidelines, and procedures
• Analyze commercial, business, and personal financial data collected for the purpose of issuing, extending, amending, reviewing, and monitoring commercial credit facilities
• Analyze a company’s financial, operational, and management strengths and weaknesses to minimize capital, balance sheet, and reputation risk
• Prepare company annual financial reviews and underwriting memos focusing on a company’s leverage, key risk factors, sources of repayment, cash flow, and ability to service debt
• Prepare financial spreads and covenant tracking as well as ACH portfolio oversight
• Prepare commercial real estate analysis to include review of loan structure, property analysis, market analysis, property cash flow to determine ability to service debt, covenant compliance, and collateral evaluation including evaluation of appraisal reports
• Other responsibilities and duties as assigned

Benefits

• 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
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 1,001-5,000 employees