Credit Risk Oversight Specialist III

Wintrust Financial Corporation-posted 4 months ago
$117,000 - $150,000/Yr
Full-time • Mid Level
Rosemont, IL
Credit Intermediation and Related Activities
Resume
Match Score
Upload and Match ResumeTrack Jobs with Teal

The Credit Risk Oversight Specialist is part of the Credit Risk Oversight Team functioning as an independent second line of defense reporting to the VP Credit Risk Oversight Group Manager. The Credit Risk Oversight Specialist will conduct a systematic review of commercial, small business, specialty, or consumer loan portfolios to determine the accuracy of risk identification in the loan portfolio as well as the adequacy of documentation, administration, credit quality and loan performance. In addition, the Credit Risk Oversight Specialist will prepare business unit reports and other reports related to other bank wide credit risk related issues.

  • Participate in the overall assessment of portfolio credit quality by assessing risk rating accuracy, timeliness of grade changes and appropriateness of supporting rationale.
  • Ensure loan underwriting standards adhere to Wintrust policy and procedures, and policy exceptions are appropriate and mitigated effectively.
  • Review loan documentation, collateral documentation and other credit administration and monitoring for adherence to Wintrust policy and procedure and to all relevant laws and regulations, as well as alignment with credit approval.
  • Manage and/or co-manage internal credit risk oversight engagements.
  • Perform continuous monitoring of assigned portfolios and quarterly charter reviews.
  • Work with senior management to regularly update the credit risk oversight policies and procedures.
  • Ensure adversely classified assets are identified and have appropriate action plans in place.
  • Effectively listen and communicate with loan officers, business unit managers, senior Wintrust leadership, appropriate internal committees, external auditors and all regulatory bodies.
  • Bachelor's degree in accounting, Finance, Economics, or a related discipline.
  • Credit professional with at least five years of commercial credit experience, preferably with a background in commercial credit underwriting, credit risk management or loan/credit review.
  • Strong credit analytical skills and credit process knowledge.
  • Knowledge of the banking industry and regulatory guidelines as they relate to credit review and credit risk management practices.
  • Experience in specialty lending niches such as leveraged loans, franchise lending, leasing, asset-based lending, insurance, etc.
  • Successful completion of a formal credit training program preferred.
  • Previous loan/credit review experience preferred.
  • 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
Track Jobs with Teal

Job Search Resources

•
Resume Builder
•
Credit Risk Analyst Resume Examples
•
Credit Risk Analyst Cover Letter Examples

Tools

Career Hubs

Guides

Company

© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service