Commercial Real Estate Underwriter - CRE - Rosemont

Wintrust Financial Itasca , IL 60143

Posted 3 months ago

Wintrust Financial Corporation (Wintrust) is a financial services holding company based in Rosemont, Illinois, with assets above $20 billion. We engage in the business of providing traditional community banking services, commercial banking, wealth management services, commercial insurance premium financing, life insurance premium financing, mortgage origination, short-term accounts receivable financing, and certain administrative services, such as data processing of payrolls, billing and treasury management services. We provide community-oriented, personal and commercial banking services to customers located in the greater Chicago, Illinois and southern Wisconsin metropolitan areas through its 15 wholly owned banking subsidiaries.

Position Summary:

Job duties focus on underwriting various credit requests for the commercial real estate line of business across the Northwest Credit Hub in support of Schaumburg, Village, Barrington and St. Charles banks. The successful candidate will have completed formal credit training and have a minimum of 2 years of prior credit experience.

Essential Duties and Responsibilities:

  • Independently analyze credit and financial information of businesses and individuals to determine the degree of risk associated with the extension of credit

  • Working knowledge of credit policy

  • Perform collateral analysis of current and prospective customers

  • Assist in the preparation of loan approval forms for use in decision making by loan officers and the requisite approval authorities

  • Assist in the closing of loans, including reviewing internal and external documentation for accuracy

  • Actively participate in site inspections, customer and prospect calls as a part of the underwriting and due diligence process

  • Actively participate in internal and Wintrust level credit committees in support of approval process

Assist in additional tasks as needed, including exception tracking and clearing, preparing and/or testing client covenant compliance, and assisting in the preparation and monitoring of ongoing financial and collateral reporting requirements

  • Assist lenders with structuring new transactions, negotiating terms with borrowers, overseeing approval process and closings

  • Maintain credit pipeline with appropriate details and comments of deals assigned

  • Ability to work as a team to accomplish tasks required

  • Excellent verbal and written communication skills

  • Professional demeanor/presentation

  • Strong computer skills, able to adapt to new technology in daily work

  • Ability to multi-task including working on multiple deals concurrently

  • Willingness to be flexible and accommodate to changing demands

  • Sensitive to deadlines and priorities

Schaumburg Bank & Trust, a Wintrust is an Equal Opportunity Employer: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.


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Commercial Real Estate Underwriter - CRE - Rosemont

Wintrust Financial