Loan Documentation Administrator

Wintrust Financial Corporation; Northern (KY); Hybrid; USD 42,000 - 60,000; Full time

Benefits offered by this job

Medical Insurance

Dental

Vision

Life insurance

Disability Insurance

Parental Leave

401(k) with company match

FSA

Employee Stock Purchase Plan

Critical Illness Insurance

Accident Insurance

Transportation and Commuting Benefits

Banking Benefits

Pet Insurance

Job summary

Wintrust Financial Corporation is seeking a Loan Documentation Administrator to prepare LaserPro loan documentation and review commercial lending transactions. The role ensures post-closing integrity, tracks due diligence, and coordinates with lenders and support staff to meet borrower needs.

You will identify trailing documents, prep files for servicing, and assist with real estate tax analysis for escrow and closing funding. A solid understanding of collateral perfection and policy is required.

Qualifications

• 1–3 years of experience in preparing/reviewing complex commercial and commercial real estate loan transactions.
• Familiar with commercial lending concepts and loan operations support.
• Knowledge of collateral perfection, loan documents, corporate policy, audit controls.
• Strong written and verbal communication; ability to partner with lenders and staff.

Responsibilities

• Prepare LaserPro loan documentation and review commercial lending transactions.
• Review post-closing documents to ensure due diligence and complete execution.
• Identify trailing documents for entry by Collateral team and prepare files for booking.
• Communicate with lenders and staff to address issues during documentation and closing stages.

Skills

Commercial lending knowledge

Loan documentation

Post-closing review

Communication skills

Team player

Tools

LaserPro

Job description

Company Overview

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 10 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:

The Loan Documentation Administrator position is responsible for preparation of LaserPro loan documentation and the file review of commercial lending transactions. Additionally, this position reviews same transactions post-closing ensuring that all due diligence and executed loan documents are present, identify trailing documentation exceptions and prepare the file for Servicing Appropriately enforce all corporate due diligence and compliance requirements. Communicate effectively with lender and/or lending support staff regarding issues, questions or additional information needed during the documentation preparation and/or attorney review stage to ensure that Loan Operations and the lending staff are working together to meet borrower needs. Seek guidance of Bank’s Credit Officers at appropriate times to assist in clarification of loan transactions. Complete post-closing review of documentation to ensure due diligence document requirements have been completed and executed loan documents are present. Identify trailing documentation exceptions for entry by Collateral team. Prepare the final file for booking and funding. Complete analysis of real estate tax bills to determine monthly escrow payments as well as beginning balance for real estate transactions. Review corporate entity documents pertaining to assigned transactions Effectively communicate post closing exception items Initializing UCC Filing request.

Qualifications:

• Minimum 1-3 years of experience preparing/reviewing very complex and high dollar commercial and commercial real estate loan transactions.
• Familiar understanding of commercial lending concepts and experience in a loan operations environment handling and supporting commercial lending staff.
• Familiar knowledge and understanding of collateral perfection requirements, commercial loan documents, corporate credit policy, approval levels, the workings of a larger loan operations group and some basic loan accounting knowledge and audit controls.
• Superior communication skills (both written and verbal) and the ability to partner with commercial lenders and support staff to ensure that transactions are completed satisfying both Bank requirements and customer expectations.
• Ability to determine appropriate level of flexibility in procedures and policies to assist lenders in closing loan transactions.
• Strong use of common-sense approach to assisting lending staff.
• Team player, adaptability, desire to learn and grow.

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 annual salary range for this role is $42,000.00 to $60,000.00, 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.

#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 provides community and commercial banking, specialty finance and wealth management services, delivering the sophisticated solutions of a large bank through a relationship-focused approach built from our community banking roots.

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.