Loan Analyst II

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 all origination 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.

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 originations 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
• 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:

• 1 – 3 years of financial services or insurance industry experience, preferred
• Bachelor’s degree (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
• Ability to work independently and prioritize in a fast-paced environment
• Self-starter with the ability to work with minimal supervision

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 hourly rate for this role is $30.25 - $39.50 along with eligibility to earn a quarterly incentive bonus. Actual pay rate may vary based on several factors, such as a candidate’s qualifications, skills and experience.

#LI-HYBRID

#LI-LR1

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.