Funding Specialist

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

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Life Insurance

401k with company match

Tuition reimbursement

Parental Leave

EAP

Short-term and Long-term Disability

A variety of voluntary benefits

Pet Insurance

Job summary

Wintrust Asset Finance is seeking a Funding Specialist to independently review, coordinate, and fund commercial equipment finance and lease transactions. The role ensures compliance with credit structures, regulatory requirements, and bank policies, while partnering with internal and external stakeholders to close loans accurately and timely.

The position emphasizes independent judgment in funding readiness, risk compliance, and process improvements to support audits and system enhancements.

Qualifications

• Review and analyze loan documentation for completeness, accuracy, compliance, and operational risk.
• Verify funding conditions are satisfied prior to funding and identify deficiencies.
• Coordinate funding activities with lenders, credit administration, legal counsel, title companies, vendors, and customers.

Responsibilities

• Review loan documentation to ensure alignment with approved terms.
• Prepare and execute funding documentation requiring authorized signatures.
• Initiate wire transfers and other funding disbursements while maintaining controls.

Job description

Wintrust Asset Finance is an equipment-focused financing group that offers sophisticated loan and lease products to commercial companies throughout the country in a wide range of industries, including transportation, construction, manufacturing, energy services, aviation, and turn-key property, plant, and equipment, among others. Wintrust Asset Finance is an affiliate of Wintrust, a financial services company with more than $66 billion in assets.The Funding Specialist is responsible for independently reviewing, coordinating, and funding commercial, equipment finance, and lease transactions while ensuring compliance with approved credit structures, regulatory requirements, and bank policies. The position performs detailed analysis of loan documentation, verifies funding conditions, executes funding transactions, and partners with internal and external stakeholders to ensure timely and accurate loan closings.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 eligibleComprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a fewFamily-friendly work hoursWith 200+ community bank locations, we offer opportunities to grow and develop in your careerPromote from within cultureWhat You’ll Do:Loan Documentation Review & AnalysisReview approved credit memorandums and loan approvals to ensure funding aligns with approved terms.Analyze loan and lease documentation for completeness, accuracy, compliance, and operational risk.Verify all funding conditions have been satisfied prior to funding.Identify documentation deficiencies and coordinate resolution with business partners.Exercise independent judgment in determining funding readiness.Funding Coordination & ExecutionCoordinate funding activities with lenders, credit administration, legal counsel, title companies, vendors, and customers.Prepare and execute legal documentation requiring authorized signatures.Initiate domestic and international wire transfers and other funding disbursements.Ensure funding transactions comply with internal controls and authorization procedures.Maintain complete and accurate funding documentation.Risk Management & ComplianceEnsure compliance with lending procedures, regulatory requirements, OFAC, BSA, AML, and internal policies.Resolve funding issues while minimizing operational risk.Escalate exceptions requiring management or legal review.Support internal and external audits.Process ImprovementRecommend improvements to funding processes and operational controls.Participate in testing new systems and workflow enhancements.Assist in developing procedures and training materials.Maintain confidentiality of customer and financial information.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 InsuranceCompensation:The estimated annual salary range for this role is $ 59,000- $77,000.00 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.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.