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Loan Administration Specialist - Mortgage Warehouse

Loan Administration Specialist - Mortgage Warehouse

at Wintrust Financial Corporation

Joliet, IL

Posted: 1-24-2025

Finance

Ï

$51,000/year

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About this Career

Loan Officers

Skills

Customer Service, Mortgage Loans, Warehousing, Loan Administration, Billing, Balancing (Ledger/Billing)

Job Description

Loan Administration Specialist - Mortgage Warehouse Wintrust Financial - 3.5 Joliet, IL Job Details Full-time $42,000 - $60,000 a year 4 hours ago Benefits Commuter assistance AD&D insurance Employee stock purchase plan Disability insurance Health insurance Dental insurance Flexible spending account Tuition reimbursement Parental leave Employee assistance program Vision insurance 401(k) matching Life insurance Pet insurance Qualifications Microsoft Word Microsoft Excel 6 years Customer service Mid-level Microsoft Office High school diploma or GED Organizational skills Communication skills Banking Time management Full Job Description Wintrust is a financial holding company with approximately $62 billion in assets whose common stock is traded on the NASDAQ Global Select Market. Guided by its "Different Approach, Better Results" philosophy, Wintrust offers the sophisticated resources of a large bank while providing a community banking experience to each customer. Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market areas. In addition, Wintrust operates various non-bank business units, providing residential mortgage origination, wealth management, commercial and life insurance premium financing, short-term accounts receivable financing/outsourced administrative services to the temporary staffing services industry, and qualified intermediary services for tax-deferred exchanges. Our unique business model is a competitive strength and value driver, powered by our talented colleagues who put our customers first and achieve better results for our clients. Why Join Us? An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 11 years) and Employee Recommended award by the Globe & Mail (past 6 years) Competitive pay and annual discretionary 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 Promote from within culture The Loan Admin Specialist is responsible for providing support to the Mortgage Warehouse lending staff through multiple functions associated with funding and paying down WLOC wires and managing collateral. In this role, you will work closely with the RM's, WLOC clients, and other members of the operation team to facilitate completion of the functions previously listed and deliver a high level of customer service as well as maintaining the department's compliance with all published policies and procedures. What You'll Do Perform a broad variety of WLOC operational functions such as funding wires, processing pay downs, and receiving and shipping collateral Setup outbound wire requests in Webloc and verify wire instructions Process inbound wire pay downs Cross train for other operational functions including end of day balancing and billing process. Qualifications High School Diploma or equivalent Minimum 5 years' banking and/or loan experience; commercial real estate loan servicing preferred Exceptional customer service skills Strong verbal and written communication skills High level of organization and time-management with keen attention to detail Proficient in MS Office including Excel and Word Knowledge and understanding of various loan documents, banking processing standards, best practices, and audit control procedures 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 $42,000-$60,000, 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. #LI-AC1 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.

Other Job Posting Details

Salary

Minimum

Maximum

$42,000/yr

$60,000/yr

MINIMUM EDUCATION LEVEL

High school or GED

MINIMUM YEARS EXPERIENCE

5