Assistant Loan Officer

As the largest life insurance premium finance company in the country Wintrust Life Finance provides customized financing solutions to qualified borrowers seeking to finance their life insurance premiums. Our financing solutions have supported numerous planning structures including traditional wealth transfer key-man insurance buy-sell arrangements split dollar arrangements term alternatives charitable giving income replacement strategies and more. Wintrust Life Finance is a subsidiary of Wintrust a financial services company with more than $66 billion in assets.

Position Overview

The Assistant Loan Officer will perform all aspects of the loan process for their assigned relationship-based book of business. Assessing the financial health of the borrower and calculating potential risk whilebuilding solid relationships both internally and externally to create successful partnerships.

What youll do:

Production

• Loan Processing
• Prepare files for underwriting
• Order collateral values statements and illustrations
• Underwrite and analyze financial data
• Generate and prepare renewal documents and invoices
• Service book of business
• Make updates/re-underwrite renewals as requested
• Identify potential problem loans and take the necessary actions to mitigate risk
• Administrative tasks
• Ensure all loans adhere to regulatory guidelines and internal lending policies
• Ensure accuracy and integrity of internal administrative systems
• Adhere to all policies and procedures including service level agreements

Relationships

• Build solid relationships to ensure transparent feedback and successful partnershipsboth internally and externally
• Provide best in class service and act as point of contact
• Ensure and own client satisfaction and actively work on solutions and improvements to better business

Additional

• Manage team as needed
• Service complex transactions and find solutions to resolve them in a timely manner
• Deescalate problems quickly as it relates to customer issues
• Train mentor and support the Loan Analyst I & II
• Support the Loan Officer and Senior Loan Officer as needed

Qualifications/Skills:

• Bachelors Degree
• Must understand workflow systems
• Strong understanding of Policies and Procedures
• Strong organizational and know how to prioritize work
• Posses an advanced understanding of the entire loan renewal process
• Ability to work independently with minimal supervision
• Proven experience to excel in a high-pressure environment and demonstrate time management
• Provide excellent customer service

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 estimatedsalaryfor this role is $71000 - $92000 along with eligibility to earn a quarterly incentive bonus. Actualpayrate may vary based on several factors such as a candidates qualifications skills and experience.

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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.