Loan Processing Specialist Interm

WintrustRosemont, IL
5d$50,000 - $65,000Hybrid

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 the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich., and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol “WTFC.” 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: The Loan Processing Specialist reviews and books new loans and renewals in FIS for Commercial, Commercial Real Estate, Wealth Management, Managed Assets Department, Retail, and Community Lending portfolios. Other duties include but are not limited to:

Requirements

  • 3+ years’ experience in financial services
  • Loan Servicing experience.
  • High school diploma or equivalent required
  • General computer skills
  • Ability to work in a face pace environment.

Responsibilities

  • Ensures proper booking of new commercial and consumer loans, renewals, amendments and letter of credit including the earnings of all loan fees/costs in accordance to Financial Accounting Standards and Financial Management policy.
  • Process loan payments, advances, and maintenance transactions.
  • Monitors and processes loan requests and inquiries submitted in the Loan Operations mailbox.
  • Ensures that all transactions between the loan system and general ledger are balanced.
  • Research and resolve general ledger differences.
  • Provides customer service to internal customers.
  • Books Specialty Products including Leases, SWAPs, SBA loans, Participated Loans, and loans in workout.
  • Sets up Escrow and Collateral Records.
  • Maintain acceptable error and volume rates each month.
  • Perform other functions as assigned.

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

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What This Job Offers

Job Type

Full-time

Career Level

Intern

Education Level

High school or GED

Number of Employees

5,001-10,000 employees

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