Risk Management Analyst

Wintrust Financial Corporation•Northbrook, IL

6d•$20 - $26•Onsite

About The Position

The Risk Analyst is responsible for gathering and analyzing information in order to underwrite a variety of external business units within the company’s portfolio. The Risk Analyst is also responsible for reviewing existing agents, general agents and insurance carriers and making recommendations to be presented to Credit Committee, Executive Credit Committee and/or Management. The associate will make informed decisions based on Risk evaluation criteria.

Requirements

Minimum Associates Degree/Bachelors Preferred
Minimum 2-3 years banking experience
Resourceful and well-organized
Good interpersonal skills
Ability to analyze keys sets of data and determine trends
Proven ability to demonstrate quality decision making
Detail Oriented
Exhibit proactive teamwork
Ability to work in a fast-paced environment
Accountable for accuracy and timeliness of work product
Knowledge of Microsoft Word and Excel

Responsibilities

Complete underwriting for new Agent entities along with approval memos including all necessary Risk criteria.
Review existing entities for annual portfolio reviews (Agents, General Agents and Insurance Carriers)
Investigate trends/patterns within portfolio and recommend actions plans to leadership based on review findings
Review Credit Line increase requests and submit recommendations based on completed due diligence.
Conduct bank references, market references and policy/funding verifications on necessary entity setup/reviews
Reach out to key internal/external business partners to discuss needed information, business decisions and/or findings to determine applicable next steps.