Senior Commercial Loan Closing Specialist - Millwaukee Area
Wintrust Financial Corporation · Milwaukee, WI · 3 days ago
Finance$59k–$77k/yrFull-time
About the role
Wintrust is seeking a Senior Commercial Loan Specialist to facilitate the loan closing process for more complex and larger Middle Market Commercial Lending and Commercial Real Estate lines of business. This role serves as a liaison between lenders, external legal counsel, title insurance representatives and loan operations during all aspects of loan documentation from the time legal counsel is engaged through the end of the loan closing process.
What You Will Be Doing
- Obtains appropriate supporting documents including title work, flood and OFAC searches, insurance, organizational documents, real estate collateral documentation and various due diligence items to verify compliance with loan approval and bank closing procedures.
- Verification of larger/more complex document checklist ensuring accuracy and timing measures completed.
- Reviews credit approval memorandum and attorney-prepared loan documents only for new and renewed loans to ensure compliance and adherence to the loan approval guidelines.
- Interfaces independently with outside counsel.
- Manages the loan closing pipeline and communicates timelines with internal loan operations department, lenders, title companies, and attorneys throughout the loan process.
- Coordinates the application of loan deposits and disbursement of loan proceeds to ensure funds are applied correctly and all costs and invoices as paid at loan closing.
Qualifications
- High school degree or equivalent.
- 5 plus years of C&I or CRE Loan Closing experience.
- Excellent oral and written communications skills.
- Strong analytical, organizational and time management skills.
- Proven ability to manage tasks in a timely and efficient manner.
- Advanced computer skills.
- Ability to proactively manage and prioritize work flow.
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 $59,000 - $77,000, 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.