Operations Specialist

Wintrust Financial Corporation; Rosemont (IL); Remote; USD 28,000 - 36,000; Full time

Benefits offered by this job

Medical Insurance

Dental

Vision

Life insurance

401(k) with company match

FSA

Job summary

Wintrust Mortgage is a federally chartered lender seeking an Operations Specialist to support both the operations and appraisal teams. You will oversee trust and Power of Attorney reviews, manage construction draw releases, escrow holdbacks, and collaborate with Accounts Payable on invoices.

This role also supports credit-related functions and reporting. The position requires 3–5 years in appraisal operations, knowledge of related processes, and a Bachelor's degree or equivalent advanced

Qualifications

• 3-5 years of appraisal operations experience.
• Knowledge of construction draw management processes, trust and power of attorney reviews, escrow holdbacks, and underwriting functions.

Responsibilities

• Construction Draw Management and Approval/Release of Escrow Funds.
• Trust and Power of Attorney review and approval.
• Underwriting support functions.
• Department Reporting and Exclusionary Lists.

Skills

Appraisal operations

Construction draw management

Trust & Power of Attorney reviews

Education

Bachelor's degree

Job description

Wintrust Mortgage was founded in 1981 to help customers achieve the American dream of homeownership and has since successfully navigated the ever-changing real estate market. As a full-service, federally chartered lender with offices located across the country, we're dedicated to providing customers with a wide range of mortgage products and have the capability to lend in all 50 states. To complement the basic conventional, FHA, and VA loan programs, we are uniquely positioned to meet the needs of the continually evolving market. Wintrust Mortgage is part of Wintrust, a financial services company with more than $66 billion in assets.

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 Operations Specialist role covers several critical business functions supporting both the operations and appraisal teams. The Operations Specialists handle all trust and Power of Attorney reviews for the Closing Department. They oversee the draw management and reimbursements on renovation and construction transaction. They authorize the release of escrow holdbacks and work with Accounts Payable on invoices. The Operations Specialists handle reporting for the credit department. They also support underwriting functions such as maintaining exclusionary lists and serving as a backup to other credit related functions.

• Construction Draw Management and Approval/Release of Escrow Funds
• Trust and Power of Attorney review and approval
• Underwriting support functions
• Department Reporting and Exclusionary Lists

Qualifications

• 3-5 years' experience appraisal operations.
• Knowledge of Construction Draw Management, Trust and Power of Attorney reviews, Escrow holdback, and underwriting functions.
• Bachelor's Degree or equivalent Advanced Computer Skills

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 range for this role is $20.19 - $26.44, 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-Remote

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.