Logo
Wintrust Financial Corporation

Collateral Specialist

Wintrust Financial Corporation, Rosemont, Illinois, United States

Save Job

Join to apply for the

Collateral Specialist

role at

Wintrust Financial Corporation .

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

Create exceptions for new loans and renewals to track for original documentation.

Establish collateral lien perfection as needed (Mortgage Recording, UCC filing, Vehicle Title Liens, Deposit Holds, etc.).

Review original loan packages for completeness and clear related exception items.

Create collateral folders for new loans and file in the vault.

Ensure all trailing documents are filed in their respective collateral folders.

Research and review inquiries from the line of business regarding collateral.

Assist with research requests, audit reviews, and department projects as needed.

Qualifications

Minimum 3 years of experience in an office or operations environment which services and supports banking line of business.

Highly organized and ability to complete a high volume of tasks within assigned service levels.

IBS system experience preferred.

Good written and oral communication skills and organizational skills.

Good understanding of various loan documents, banking processing standards, best practices, and audit control procedures.

Good understanding of consumer and commercial loans.

Must have experience in back-office loan processing commercial, residential and small business loans.

High School diploma or equivalent.

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 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.

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.

Seniority Level Mid-Senior level

Employment Type Full-time

Job Function Other

#J-18808-Ljbffr