Funding Specialist

Wintrust•Irvine, CA

About The Position

Wintrust Asset Finance is an equipment-focused financing group offering loan and lease products to commercial companies across the country and a wide range of industries. The Funding Specialist independently reviews, coordinates, and funds commercial, equipment finance, and lease transactions, ensuring compliance with approved credit structures, regulatory requirements, and bank policies. The role analyzes loan documentation, verifies funding conditions, executes funding transactions, and works with internal and external stakeholders to support timely and accurate closings.

Responsibilities

Review approved credit memorandums and loan approvals to ensure funding aligns with approved terms.
Analyze loan and lease documentation for completeness, accuracy, compliance, and operational risk.
Verify that all funding conditions have been satisfied before funding.
Identify documentation deficiencies and coordinate their resolution with business partners.
Use independent judgment to determine funding readiness.
Coordinate funding activities with lenders, credit administration, legal counsel, title companies, vendors, and customers.
Prepare and execute legal documentation requiring authorized signatures.
Initiate domestic and international wire transfers and other funding disbursements.
Ensure funding transactions comply with internal controls and authorization procedures.
Maintain complete and accurate funding documentation.
Ensure compliance with lending procedures, regulatory requirements, OFAC, BSA, AML, and internal policies.
Resolve funding issues while minimizing operational risk and escalate exceptions requiring management or legal review.
Support internal and external audits.
Recommend improvements to funding processes and operational controls.
Participate in testing new systems and workflow enhancements.
Assist in developing procedures and training materials.
Maintain confidentiality of customer and financial information.