28 days old

Jr. Loan Analyst (New Business) - Newark, NJ

Wintrust Financial Corporation
Newark, NJ 07102
  • Job Code

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 $36 billion in assets.

Wintrust Life Finance is hiring a Jr. Loan Analyst on our New Business Team!

The day-to-day responsibilities would include:

  • Maintain a "customer is first" environment to meet or exceed client expectations and needs
  • Protect the Bank's assets and maintain the 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
  • Review and analyze personal and corporate financial statements, tax returns, credit reports, and other financial information
  • Review insurance illustrations and generate loan exposure models
  • Prepare and submit in-depth credit recommendation summaries to facilitate approval by management and credit department
  • Prepare and issue term sheets and loan document packages
  • Coordinate with insurance carriers and financial institutions to perfect collateral assignments
  • Increase existing client business by identifying cross-selling opportunities in lending and deposits

  • Bachelor's degree preferred in Finance or Accounting
  • Insurance certification is a plus, but not required
  • Highly organized and detail-oriented
  • Have strong interpersonal skills (oral and written)
  • Be customer service-oriented
  • Ability to work individually and in a team
  • Ability to prioritize
  • Ability to work in a fast paced environment
  • Adept knowledge of all Microsoft Programs including but not limited to Word, Excel, and Outlook

We provide an engaging, dynamic work environment, an excellent compensation package including 401k, employee stock purchase plan, medical/dental, life insurance and more!

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, citizenship status, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran. We request applicants refrain from disclosing current or historical compensation information during the recruitment process; any disclosed detail will not be taken into account as applicants are considered for employment.

Posted: 2021-04-15 Expires: 2021-05-14
Sponsored by:
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Sponsored by:
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Jr. Loan Analyst (New Business) - Newark, NJ

Wintrust Financial Corporation
Newark, NJ 07102

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