Credit Services Specialist

Wintrust Financial Corp; Chicago (IL); Hybrid; USD 42,000 - 55,000; Full time

Benefits offered by this job

Medical Insurance

Dental

Vision

Life insurance

401(k) with company match

Tuition reimbursement

Parental Leave

Employee Assistance Program (EAP)

Flexible Spending Account (FSA)

Employee Stock Purchase Plan

Job summary

Wintrust Financial Corp in Chicago is seeking a detail-oriented professional to support commercial lending operations. You will process financial reporting and covenant tracking, upload loan documents to the bank's digital filing system, and maintain accurate records while adhering to naming conventions.

The role requires 1–3 years of banking experience, a high school diploma (associate's or bachelor's a plus), and the ability to collaborate with line of business teams.

Qualifications

• 1-3 years of general banking experience preferred.
• High school diploma required.
• Associate’s or Bachelor's degree a plus.

Responsibilities

• Process financial reporting and covenant tracking requests.
• Upload credit file documents to the Bank’s digital file system.
• Update reporting and covenant tracking per line of business requests.
• Verify documentation for updates/maintenance and obtain approvals for covenant waivers/modifications.
• Interact with LOB to obtain missing or incomplete information.
• Upload documents to the digital file system and verify document type.
• Adhere to naming conventions and classification guidelines.
• Provide client support for assigned charters.
• Respond to and troubleshoot internal inquiries and issues.
• Assist in special projects as needed.

Skills

General banking experience

Accuracy and attention to detail

Document management

Education

High school diploma

Associate’s or Bachelor's degree a plus

Tools

ImageCentre/FCM

nCino/Document Manager

Moody’s CreditLens

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 8 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:

• Responsible for processing financial reporting and covenant tracking requests from the commercial lending teams into the Bank’s monitoring system.
• Upload credit file documents to the Bank’s digital file system for Wintrust affiliate bank commercial loan portfolios.
• Update the reporting and financial covenant tracking system per line of business (LOB) requests to include both covenant/tracking requirement updates and entity maintenance.
• Verify appropriate documentation for updates/maintenance and ensure receipt of appropriate approvals for covenant waivers and modifications.
• Interact with LOB to obtain missing or incomplete information.
• Upload documents to the digital file system as requested by the LOB to include verification of document type.
• Adhere to strict naming conventions and classification guidelines.
• Provide client support for assigned charters.
• Respond to and troubleshoot internal inquiries and issues.
• Assist in special projects as needed.

Qualifications:

• 1-3 years’ experience general banking experience preferred, commercial lending and loan documentation experience a plus.
• High school degree required.
• Associate’s or Bachelor's degree a plus.
• Experience with covenant tracking and document imaging applications is a plus.
• Experience with ImageCentre/FCM, nCino/Document Manager or Moody’s CreditLens is a plus.
• Ability to perform duties with a high degree of accuracy and attention to detail in accordance with established procedures.

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:

Compensation: The estimated annual salary range for this role is $42,000-$55,000, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate’s qualifications, skills, and experience. #LI-Hybrid

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.

Wintrust may collect personal information from you in connection with the application process. Wintrust complies with the California Consumer Privacy Act of 2018, and its policy may be found here Click here for Equal Opportunities.