Loan Servicing Specialist

1 month ago


Rosemont, United States Wintrust Financial Full time
Job Description

Wintrust is a financial holding company with approximately $50 billion assets under management and traded on the NASDAQ:WTFC. Built on the "HAVE IT ALL" model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank subsidiaries with over 170 banking locations in the greater Chicago and southern Wisconsin market areas. Additionally, Wintrust operates various non-bank business units including commercial and life insurance premium financing, short-term accounts receivable financing, out-sourced administrative services, mortgage origination and purchase, wealth management services and qualified intermediary services for tax-deferred exchanges.


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

The Loan Servicing Specialist will provide servicing support for Middle Market Lending portfolios including Capital Markets, Franchise Lending, First Insurance Funding, Wintrust Business Credit, Real Estate Services, Derivatives and Wealth Services.  In this role, you will book and fund middle market commercial loans (including participations); post payments, advances & payoffs and process loan maintenance within the ACBS loan servicing system.  Reconcile, research & clear items on loan related general ledger accounts.

What you'll do:

  • Review and interpret commercial loan approvals and documents for proper booking on the ACBS loan servicing system. 

  • Fund loans via wire transfer system, DDA or check.

  • Ensure proper booking and earnings of all loan fees/costs in accordance with loan documentation.

  • Maintain loan system data integrity to accurately reflect loan file contents, as well as ensure accurate management reporting.

  • Process loan payments, advances, payoffs and general maintenance for Middle Market Loan Portfolios within the ACBS loan servicing system.

  • Communicate and respond to inquiries from lenders, credit reporting, finance, and quality control groups.

Qualifications:

  • 3-5 years in Commercial Loan Operations or Commercial Servicing.

  • Understanding of complex commercial lending structures and loan documentation (LaserPro and Attorney prepared).

  • 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.

  • Participation/syndication knowledge a plus.

  • Ability to recognize and communicate special handling needs for complex loan transactions.

  • Strong analytical skills.

  • High School Diploma 

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

#LI-Onsite

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 be Chicago’s Bank® and Wisconsin's Bank®, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices. 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, national origin, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.



  • Rosemont, United States Wintrust Financial Full time

    Wintrust is a financial holding company with approximately $50 billion assets under management and traded on the NASDAQ:WTFC. Built on the "HAVE IT ALL" model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank...


  • Rosemont, Illinois, United States Wintrust Financial Full time

    About the RoleWe are seeking a highly skilled Senior Loan Documentation Specialist to join our team at Wintrust Financial. As a key member of our commercial lending group, you will be responsible for reviewing and preparing complex loan documents for Middle Market commercial loan transactions.Key ResponsibilitiesReview and analyze complex loan documents to...


  • Rosemont, Illinois, United States Truist Inc Full time

    Job SummaryWe are seeking a highly skilled and experienced Account Executive II to join our team at Truist Inc. as a Loan Product Specialist. In this role, you will be responsible for building and maintaining strong relationships with our clients, providing them with competitive loan product offerings, and delivering exceptional customer service.Key...


  • Rosemont, Illinois, United States Wintrust Financial Full time

    About Wintrust Financial:Wintrust is a prominent financial holding entity managing approximately $50 billion in assets and publicly traded on the NASDAQ: WTFC. We are committed to the "HAVE IT ALL" philosophy, merging advanced technology and resources of a large banking institution with a focus on personalized, service-oriented community banking for every...


  • Rosemont, Illinois, United States Wintrust Financial Full time

    Job DescriptionWintrust is a prominent financial holding entity managing approximately $50 billion in assets and listed on the NASDAQ:WTFC. Emphasizing the "HAVE IT ALL" philosophy, Wintrust combines advanced technology and extensive resources of a large banking institution while prioritizing personalized community banking services for every client. The...


  • Rosemont, Illinois, United States Wintrust Financial Full time

    About the RoleAs a Mortgage Underwriter Specialist at Wintrust Financial, you will play a critical role in ensuring the accuracy and compliance of conventional mortgage loans. Your attention to detail and ability to manage multiple tasks will be essential in meeting the high standards of our organization.Key ResponsibilitiesUnderwrite conventional mortgage...

  • Loan Funder

    4 days ago


    Rosemont, Illinois, United States Wintrust Financial Full time

    About Wintrust MortgageWintrust Mortgage is a full-service, federally chartered lender with a strong presence across the country. Founded in 1981, we have successfully navigated the ever-changing real estate market, providing customers with a wide range of mortgage products and the capability to lend in all 50 states.Why Work with Us?Award-Winning Culture:...


  • Rosemont, Illinois, United States Wintrust Financial Full time

    Company OverviewWintrust Financial Corporation is a prominent financial holding entity managing approximately $50 billion in assets and publicly traded on NASDAQ under the symbol WTFC. We are dedicated to delivering community-focused banking services while leveraging advanced technology and resources typically associated with larger financial...


  • Rosemont, Illinois, United States Wintrust Financial Full time

    Job OverviewWintrust Financial is a prominent financial institution managing approximately $50 billion in assets and listed on NASDAQ:WTFC. Our foundation is built on the "HAVE IT ALL" philosophy, combining advanced technology and the extensive resources of a large bank while maintaining a commitment to personalized community banking for every client....


  • Rosemont, United States Wintrust Financial Full time

    Wintrust is a financial holding company with approximately $50 billion assets under management and traded on the NASDAQ:WTFC. Built on the "HAVE IT ALL" model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank...

  • Loan Underwriter II

    1 week ago


    Rosemont, United States Wintrust Financial Full time

    Wintrust Mortgage was founded in 1981 to help customers achieve the American dream of homeownership and has since successfully navigated the ever-changing real estate market. As a full-service, federally chartered lender with offices located across the country, we’re dedicated to providing customers with a wide range of mortgage products and have the...


  • Rosemont, United States Coca-Cola Company Full time

    Pay Transparency Statement: The compensation philosophy reflects the Company's reasonable expectation at the time of posting. We consider a number of factors when making individual compensation decisions including, but not limited to, skill sets, experience and training, and other business needs. This role may also be eligible to participate in a...


  • Rosemont, Illinois, United States Wintrust Financial Full time

    About Wintrust MortgageFounded in 1981, Wintrust Mortgage is committed to helping individuals realize their dream of homeownership while adeptly navigating the dynamic real estate landscape. Our CommitmentAs a comprehensive, federally chartered lender with a national presence, we offer a diverse array of mortgage solutions, ensuring we can serve clients in...


  • Rosemont, Illinois, United States Marriott International, Inc Full time

    Position OverviewAs a vital member of our hospitality team, the Food and Beverage Service Specialist plays a crucial role in ensuring a seamless dining experience for our guests. This position is centered around delivering exceptional service while supporting various operational tasks within the food and beverage department.Key ResponsibilitiesAssist in...


  • Rosemont, Illinois, United States Wintrust Financial Full time

    Job SummaryThe BSA Specialist II (OFAC) plays a critical role in ensuring the integrity of Wintrust Financial's financial services operations. This position is responsible for investigating and approving second and third-level OFAC and other list screening suspect matches on an enterprise-wide basis.Key ResponsibilitiesInvestigate and analyze suspect matches...


  • Rosemont, Illinois, United States Coca-Cola Company Full time

    Job Summary:The Coca-Cola Company is seeking a highly skilled Customer Service Specialist to join our team. As a Customer Service Specialist, you will be responsible for providing exceptional customer service to our valued customers.Key Responsibilities:Respond to Customer Inquiries: Professionally respond to inbound customer service calls, emails, and other...


  • Rosemont, Illinois, United States Apex Solutions Full time

    About Apex SolutionsWe are a leading provider of energy infrastructure services, committed to delivering high-quality solutions to our clients. Our team of experts works closely with energy suppliers, municipal utilities, and industrial companies to ensure a functioning energy infrastructure.Job SummaryWe are seeking an experienced Electrical Systems...


  • Rosemont, Illinois, United States US Foods Full time

    ARE YOU A CURRENT US FOODS EMPLOYEE? PLEASE APPLY DIRECTLY THROUGH OUR INTERNAL WORKDAY CAREER SITE. Join Our Community of Food People The Carrier Development Specialist will have day to day responsibility to develop new carriers, manage existing carrier relationships and provide operations support for the logistics team and the USF divisions.Flexible Work...


  • Rosemont, Illinois, United States PUMA Full time

    Job SummaryWe are seeking a highly motivated and results-driven Retail Sales Associate to join our team at PUMA. As a key member of our sales team, you will be responsible for delivering exceptional customer service, driving sales growth, and maintaining a high level of store appearance.Key ResponsibilitiesSales Performance: Meet or exceed sales targets,...

  • Fleet Specialist

    4 weeks ago


    Rosemont, Illinois, United States US Foods Full time

    ARE YOU A CURRENT US FOODS EMPLOYEE? PLEASE APPLY DIRECTLY THROUGH OUR INTERNAL WORKDAY CAREER SITE. Join Our Community of Food People The Fleet Specialist is responsible for creating bid documents, analyzing bid responses, identifying potential vendors, and ensuring bids are completed and submitted on time. This role works to continuously improve the...