Loan Analyst I

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.

The Loan Analyst will perform aspects of the loan process for their assigned relationship-based book of business.  The candidate must have the ability to build solid relationships, both internal and external, and create successful partnerships.  Must excel in a high-pressure environment and demonstrate time management and the ability to meet deadlines.

Why join us?

• An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 11 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 200+ community bank locations, we offer opportunities to grow and develop in your career.

• Promote from within culture.

Why join this team?

• We are a high performing, collaborative, and diverse team focused on transforming the business through engaging work on enterprise-wide product innovation

• We are a vibrant, team-oriented atmosphere that provides opportunities for individual growth;

• Our team is in a unique position that allows us to collaborate with multiple other departments, have exposure to executive management, and develop new reporting.

• We are seeking a critical thinker that’s willing to learn and not afraid of taking on new initiatives.

• Gain experience and further your career by joining a growing organization

What you will be doing:

• Maintain a "customer is first" environment to meet or exceed expectations and needs

• Protect the Bank's assets and maintain quality of the portfolio by adhering to lending policies and procedures

• Ensure that credit decisions and recommendations are made in accordance with credit principals and in compliance with policies

• Oversee documentations and ongoing monitoring of assets and client portfolio

• Preparing and issuing loan packages and credit correspondence

• Follow-up with brokers/clients to ensure that requirements needed for renewals and reviews are collected and delivered on a timely basis

• Increase existing client business by identifying cross-selling opportunities in lending and deposits

• Coordinate with Credit Officers, Portfolio Management and Legal Counsel to approve premium finance loans

• Manage and monitor defaulted loans by assisting brokers/clients to meet their client's unique circumstances and requests

• Oversee all phases of loan processing, including exposure model generation, legal document preparation, funding, collateral management and default/liquidation

• Compile in depth credit recommendation summaries through the analysis of tax returns, financial statements, brokerage accounts, and credit reports

• Performs other duties and responsibilities as assigned by management

Qualifications:

• 0 – 3 years of financial services or insurance industry experience, preferred

• Bachelor’s degree required (Finance, Insurance, Business preferred)

• Knowledge of standard business practices and working in team environment

• Detail oriented with strong analytical skills

• Strong communication skills and work ethic