Loan Analyst II

About the role

Wintrust Life Finance provides customized financing solutions to qualified borrowers seeking to finance their life insurance premiums. We support various planning structures including traditional wealth transfer, key-man insurance, buy-sell arrangements, split dollar arrangements, term alternatives, charitable giving, income replacement strategies, and more.

Responsibilities

• 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
• Prepare and issue 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
• Cook up 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

Requirements

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

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

Skills

Not specified

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

Pay

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.

Schedule

Not specified