at Wintrust Financial Corporation in Rosemont, Illinois, United States
Job Description
Wintrust Asset Finance is an equipment-focused financing group that offers sophisticated loan and lease products to commercial companies throughout the country in a wide range of industries, including transportation, construction, manufacturing, energy services, aviation, and turn-key property, plant, and equipment, among others. Wintrust Asset Finance is an affiliate of Wintrust, a financial services company with more than $50 billion in assets.
The compensation range is $90,000-$100,000 base salary plus a quarterly bonus opportunity
Why join us?
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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)
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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 have a culture that encourages an entrepreneurial spirit
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We offer multiple opportunities for development and upward mobility
What You Will Do
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The Credit Officer reviews and approves/declines loans within limits and approves loans prior to submission to Higher Authority.
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The Underwriter is responsible for underwriting and coordinating the closing of leases in compliance with the Bank's lending policies and procedures.
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This position is responsible for gathering and analyzing credit information on current and potential leasers who apply through both the retail and wholesale channels; writes lease requests; supports Loss Mitigation efforts; promotes business for the Bank by developing and maintaining good customer relations and referring customers to appropriate staff for new services.
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The position of Credit Officer is required to be fully knowledgeable and skilled in areas of origination and underwriting of loans.
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Review and approves/declines leases within limits and approves loan prior to submission to Management and/or Board Loan Committees.
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Processes customer transactions, problems or inquiries.
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Consistently applies strong decision making techniques pertaining to inquiries, approvals and requests as they apply to existing policies and procedures, keeping within assigned approval limits.
Requirements
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Two years of related experience and/or training in equipment financing or the equivalent combination of education and experience.
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Work related experience should consist of an in-depth background in underwriting loans. Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be applicable to the financial industry.
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The ability to comprehend and explain financial calculations and pricing alternatives
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Intermediate experience, knowledge and training in underwriting activities and terminology.
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Advanced knowledge of laws and regulations governing lending including but not limited to fair lending, privacy and RESPA.
Salary - 90-100K plus quarterly bonus
Benefits
Medical Insurance Dental Vision Life insurance Accidental...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity