Senior Loan Closing Specialist

Posted 5 Days Ago
Be an Early Applicant
Chicago, IL, USA
Hybrid
28-37 Hourly
Senior level
Fintech • Information Technology • Marketing Tech • Financial Services
Committed to being an employer of choice through strong principles, shared values, and distinctive culture.
The Role
Facilitates commercial loan closings from pre-funding through post-closing, including due diligence, documentation review, coding, imaging, insurance collection, funding disbursements, exception clearing, and record retention. Coordinates with attorneys, lending teams, servicing departments, and clients to ensure timely closings, compliance with credit approvals, accurate loan processing, and resolution of closing issues.
Summary Generated by Built In

Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich., and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol “WTFC.”


Why join us?


  • An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 8 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

 

What You’ll Do:

 

A Senior Loan Closing Specialist is responsible for facilitating the commercial loan closing process through pre-funding and post-closing stages; including but not limited to; due diligence, imaging, coding and monitoring. Reviews attorney prepared loan documentation to ensure adherence with credit approval. Liaises between all parties to ensure timely and efficient closings that meet the expectations of clients, lending teams, servicing departments and attorney. Performs post-closing documentation collection and exception maintenance.

 


  • Prepares/Processes due diligence and supporting documentation to verify compliance with credit approval and procedures. 
  • Completes/Processes loan coding, imaging, due diligence, insurance collection, documentation and booking ticket requests, executed documents, and. 
  • Liaises and communicates between all parties, identifies and works to resolve issues.
  • Conducts initial review of attorney prepared loan documentation to ensure adherence with credit approval.
  • Coordinates the application of loan deposits and disbursement of loan proceeds to ensure funds are applied correctly and costs and invoices as paid at loan closing.
  • Collects and submits post-closing document exception clearing items.  Prepares original loan and recorded documentation for transfer to record retention

Qualifications:


  • 3-5 years of previous banking experience. 
  • Proficiency with commercial loan documentation, knowledge of regulatory compliance, and experience with nCino platform.
  • Familiarity and understanding of attorney prepared documents. 
  • Ability to effectively manage time and multiple transactions simultaneously.
  • High School diploma or equivalent.
  • General Computer Skills; MS Excel and Word skills desired.

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 hourly salary range for this role is $ 28.37- $ 37.02 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-HYBRID

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 build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success.  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, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.

Skills Required

  • 3-5 years of previous banking experience
  • Proficiency with commercial loan documentation
  • Knowledge of regulatory compliance
  • Experience with the nCino platform
  • Familiarity with attorney-prepared loan documents
  • Ability to manage time and multiple transactions simultaneously
  • High school diploma or equivalent
  • General computer skills
  • Microsoft Excel and Word skills

Wintrust Financial Corporation Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Wintrust Financial Corporation and has not been reviewed or approved by Wintrust Financial Corporation.

  • Affordable Benefits — Employer covers a large share of medical premiums, making health coverage comparatively low cost. Plan options are broad and pair with HSA/FSA choices and wellbeing programs.
  • Parental & Family Support — Paid maternity, parental, and adoption leave are structured and fully paid, with backup childcare access through Bright Horizons. Adoption assistance and family support resources further strengthen caregiving support.
  • Retirement Support — A 401(k) with a company match and an employee stock purchase plan provide multiple savings and ownership avenues. Match mechanics and plan access are noted features of the total rewards offering.

Wintrust Financial Corporation Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Rosemont, IL
5,284 Employees
Year Founded: 1991

What We Do

Wintrust Financial (Wintrust) is a financial services holding company based in Rosemont, Illinois, with $50 billion in assets. Wintrust engages in the business of providing traditional community banking services, wealth management services, commercial insurance premium financing, mortgage origination and more.

Gallery

Gallery

Similar Jobs

Wintrust Financial Corporation Logo Wintrust Financial Corporation

Senior Loan Closing Specialist

Fintech • Information Technology • Marketing Tech • Financial Services
Hybrid
Chicago, IL, USA
5284 Employees
28-37 Hourly

Liberty Mutual Insurance Logo Liberty Mutual Insurance

Senior Complex Casualty Claims Resolution Specialist - Central Region

Artificial Intelligence • Fintech • Insurance • Marketing Tech • Software • Analytics
Remote or Hybrid
9 Locations
40000 Employees
75K-157K Annually
Remote or Hybrid
US
15100 Employees
127K-177K Annually
In-Office or Remote
Chicago, IL, USA
1934 Employees
100K-130K Annually

Similar Companies Hiring

Kepler  Thumbnail
Artificial Intelligence • Fintech • Software
New York, New York
9 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees
Blee Thumbnail
Artificial Intelligence • Marketing Tech • Software
New York, New York
30 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account