Loan Servicing Specialist Senior ACBS

About the role

Provide servicing support for the syndication portfolios including Capital Markets, Franchise Lending, Institutional Leverage Portfolios, First Insurance Funding, Wintrust Business Credit, Real Estate Services, Derivatives, Wealth Services, and International Services.

Responsibilities

• Book and fund syndication bought and sold; post payments, advances, repricing and payoffs;
• Process loan maintenance;
• Research, reconcile and clear accrual discrepancy and loan related general ledger accounts;
• Review and interpret commercial loan approvals and documents for proper booking on the CLS loan servicing system;
• Clock closing disbursements with Capital Market and Documentation Team;
• Prepare funding and upfront fee notices to syndicate members;
• Disburse loans via wire transfer system and/or credit to DDA;
• Maintain loan system data integrity to accurately reflect loan file contents, as well as ensure accurate management reporting;
• Cook advances with syndicate members for syndication portfolios, ensuring timely communication of information necessary for processing;
• Prepare funding notices to syndicate members for syndication sold portfolio;
• Communicate and respond to inquiries from syndicate members, lenders, loan admins/CSP, credit reporting, finance, and quality control groups;
• Review of daily report for auto debited loan payments and rate changes and prepare notices to syndicated members for syndication sold portfolio;
• Review daily reports for sweep rejects, swingline settlements and perform quality control of new tranche setup;
• Research and reconcile out of balance situations and communicate to syndicate members if necessary;
• Provide effective back up for members of the syndication servicing team;
• Perform other duties as assigned.

Qualifications

• 5+ years in commercial loan operations or commercial servicing;
• 2+ years of commercial construction experience preferred;
• Understanding of complex commercial lending structures and loan documentation;
• Prior experience in commercial loan operations and a good understanding of loan accounting systems, general ledger and finance interaction;
• Experience with commercial loan systems/software;
• Ability to perform duties with a high level of accuracy, meet deadlines within tight timeframes and multi-task when the situation calls for it;
• Ability to recognize and communicate special handling needs for complex loan transactions;
• Strong analytical skills;
• Proficient in Microsoft Excel.

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.