Consumer Loan Closer

Wintrust Financial Corporation; Rosemont (IL); On-site; USD 33,000 - 43,000; Full time

Benefits offered by this job

Medical Insurance

Dental

Vision

401k with company match

Parental Leave

EAP

Job summary

Wintrust Financial Corporation is seeking a Consumer Loan Closer in Rosemont, IL to prepare, review, and finalize consumer loan documents, ensuring accuracy and timely closings. This role sits between loan approval and funding, aligning with internal policies, regulatory requirements, and customer expectations.

The ideal candidate will coordinate with Underwriters and Relationship Managers, maintain organized loan records, and support closings through DocuSign or in-person formats in a

Qualifications

• 3-5 years of relevant experience.
• Knowledge and understanding of consumer lending, loan terms, credit underwriting, and consumer lending regulations.
• Bachelor’s degree preferred.

Responsibilities

• Complete pre-closing file review for quality check and determination that all pre-closing requirements and conditions have been met.
• Coordinate closings with borrowers for electronic closings (DocuSign) or with originating Relationship Managers for in-person closings.
• Perform post-closing file review to ensure loan documents executed correctly and post-closing requirements met.
• Coordinate bookings and fundings with Loan Operations Department.
• Maintain detailed and accurate records of loan documentation.
• Ensure adherence to policies and service level agreements; support affiliated charters to build relationships.

Skills

Consumer lending knowledge

Communication skills

Organizational skills

Education

Bachelor’s degree preferred

Job description

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 12 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
• Promote from within culture

Why join this team?

• Great opportunity to work in a small business lending segment
• Opportunity to create value by providing your innovative ideas
• You come to join focused, highly collaborative team at a great company

Position Summary

The Consumer Loan Closer is responsible for preparing, reviewing, and finalizing consumer loan documents to ensure accurate and timely loan closings. This role is a critical checkpoint between loan approval and funding, ensuring compliance with internal policies, regulatory requirements, and consumer expectations. Closing Coordinator works closely with Underwriters, and Relationship Managers to resolve any discrepancies or issues identified in file, in a timely and professional manner. This individual must possess excellent organization skills, problem solving skills, and must be able to work in a fast-paced environment.

What You’ll Do

• Complete pre-closing file review for quality check and determination that all pre-closing requirements and conditions have been met, including detailed collateral where applicable. Closers are responsible for preparation and generation of loan documents following established processes, procedures, and regulations.
• Coordinate closings with borrowers for electronic closings (DocuSign) or with originating Relationship Mangers for in-person closings. Once loans are closed, perform post-closing file review for quality check to ensure loan documents executed correctly and any post-closing requirements and conditions have been met.
• Coordinating bookings and fundings with Loan Operations Department.
• Maintain detailed and accurate records of loan documentation.
• Ensure adherence to established policies and procedures, as well as maintenance with service level agreements. Work closely and provide support to all affiliated charters to help build strong relationships with customers.
• Other duties as directed.

Qualifications

• 3-5 years of relevant experience.
• Must possess knowledge and understanding of consumer lending, loan terms, credit underwriting, and consumer lending regulations. Strong written and verbal communication and organizational skills, with the ability to effectively multi-task.
• Bachelor’s degree preferred.

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

Compensation

The estimated hourly rate for this role is $24.04-$31.25, along with eligibility to earn an annual bonus. Actual pay rate may vary based on several factors, such as a candidate’s qualifications, skills and experience.

From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.