Manager, Lien Perfection & Collateral Management

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:

The Manager, Lien Perfection & Collateral Management has primary responsibility for the perfection of collateral rights across a variety of collateral types pledged in association with commercial and consumer loans.  Track for proper lien filing and administration, including continuation, full or partial lien release over the life of a loan(s). Responsible for flood insurance tracking, hazard insurance tracking, and monitoring of delinquent taxes on properties in which the bank has a collateral interest. Ensure confirmation and maintenance of loan eligibility for pledging to the Federal Reserve Bank and Federal Home Loan Bank.

Department Leadership:

• Monitoring daily workflow to ensure necessary functions are processed in a timely manner as outlined above and in line with documented Policies and Procedures

• Defining key performance metrics, monitor trends, and address both internal stakeholder and external customer feedback

• Maintaining and refining department level procedures

• Developing and reporting capacity and performance metrics

• Handling more complex scenarios and escalations as needed

People Development:

• Create a high performing team by providing coaching, career development opportunities and feedback to direct reports and team members

• Establish group and individual team member goals

• Provide team members with appropriate training and support to promote a strong understanding of daily responsibilities and management’s expectations

• Confirm all team members successfully complete mandatory regulatory compliance and related training

Innovation, Efficiency & Process Improvement:

• Optimize daily activities by identifying efficiency opportunities including process changes; staff allocation & upskilling; outsourcing, and technology solutions inclusive of existing vendor tools, artificial intelligence and RPA 

• Collaborate with partners (e.g. Product and IT) to improve operating effectiveness

Qualifications:

• 10 plus years of experience prior management experience and perfection of collateral rights across a variety of collateral types pledged in association with commercial and consumer loans. 

• Strong leadership and managerial skills to build the team including creating the department vision, talent development plans, and coaching strategies for team success

• Strong enterprise awareness and alignment, including governance, planning, delivery, and change management processes for operating in an evolving environment

• Tenacity and inclination to seek out and implement procedural / process improvements in maturing the department

• Prior experience with core servicing platform IBS & ACBS/CLS, plus loan origination platforms such as nCino

• Exceptional service acumen, written and verbal skills to influence and effectively communicate with multiple roles and levels within the organization

• Competent with tools such as Outlook, Excel, Power Point and Salesforce

• Natural disposition for learning, collaborative, adaptive/flexible

• Bachelor's degree or equivalent

• Advanced Computer Skills.

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 $117,000 - $158,000, 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.