at Wintrust Financial Corporation in Chicago, Illinois, United States
Job Description
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 $50 billion in assets.
Wintrust is a financial holding company with approximately $50 billion assets under management and traded on the NASDAQ:WTFC. Built on the "HAVE IT ALL" model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank subsidiaries with over 170 banking locations in the greater Chicago and southern Wisconsin market areas. Additionally, Wintrust operates various non-bank business units including commercial and life insurance premium financing, short-term accounts receivable financing, out-sourced administrative services, mortgage origination and purchase, wealth management services and qualified intermediary services for tax-deferred exchanges.
Why join us?
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An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 9 years) and Employee Recommended award by the Globe & Mail (past 6 years)
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Competitive pay and discretionary or incentive bonus eligible
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Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
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Family-friendly work hours
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With 175+ community bank locations, we offer opportunities to grow and develop in your career
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Promote from within culture
Why join this team?
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We are looking for someone who is a critical thinker, eager to learn, and unafraid of embracing new initiatives.
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Wintrust has a unique culture that emanates from its leadership at the top.
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We work across disciplines and departments, with opportunities for exposure to and partnership with executive management in leading strategic initiatives.
What you will be doing:
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Oversee/review new and renewal business transactions for accuracy and provide recommendation on creditworthiness and risks associated with parties to the deal and collateral holders specifically for Insurance Company financial strength, third-party bank strength, and overall brokerage account investment strength.
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Review and provide collateral assessment values for existing collateral holders across the portfolio. Analyze and compare existing exposure to financial strength of collateral holders.
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Advanced excel skills to assist with monthly and quarterly corporate reporting for the Wintrust Life division. Understand macros and problem solving to report accurate date from various systems.
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Manage weekly risk rating reviews across portfolio and calculate portfolio loan positions for accuracy to provide recommendation on exit timing regarding past due loans or default loans.
Qualifications:
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Bachelor's degree
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3-5 years of relevant experience
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Advanced Excel skills required
#LI-ONSITE
From our...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
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