Consumer Loan Underwriter — Risk‑Focused & Growth‑Oriented

Wintrust Financial Corporation; Rosemont (IL); On-site; USD 59,000 - 77,000; Full time

Benefits offered by this job

Medical Insurance

Dental

Vision

401(k) with company match

Parental Leave

Employee Assistance Program (EAP)

Job summary

Wintrust Financial Corporation seeks a Consumer Loan Underwriter to process applications, underwrite loans, and recommend loan decisions in compliance with credit policies and regulatory requirements. The role balances risk, compliance, and customer experience in a fast-paced environment.

You will verify information, perform due diligence, and assess creditworthiness using reports and income data, determining approvals or denials with appropriate conditions.

Qualifications

• 3-5 years of consumer loan underwriting experience.
• Strong written and verbal communication and organizational skills.

Responsibilities

• Verify accuracy and completeness of application information and supporting documents.
• Complete due diligence (fraud, BSA/MLA screening, income verification, employment length, bank relationship).
• Issue Incomplete Letter to obtain additional information.
• Assess creditworthiness using credit reports and income documentation to calculate DTIs and LTV, determine overall risk.
• Determine loan decisions (approve, deny, counteroffer, approve with conditions) per policy and issue adverse action notices when required.
• Maintain detailed records of decisions and supporting analysis.
• Support affiliated charters to build relationships with customers.

Skills

Credit underwriting

Communication

Organizational skills

Education

Bachelor's degree

Job description

Wintrust Financial Corporation seeks a Consumer Loan Underwriter to process applications, underwrite loans, and recommend loan decisions in compliance with credit policies and regulatory requirements. The role balances risk, compliance, and customer experience in a fast-paced environment.

You will verify information, perform due diligence, and assess creditworthiness using reports and income data, determining approvals or denials with appropriate conditions.