Credit Analyst - Community Advantage

Wintrust Financial Corporation - Barrington, IL

Full-time - Entry Level

Barrington, IL

Credit Intermediation and Related Activities

About the position

The Credit Analyst position at Wintrust Financial is a vital role within the Community Advantage department, focusing on the underwriting, analysis, and approval process of credit requests. This position is essential for maintaining the integrity of the loan portfolio and ensuring that all credit decisions align with the company's standards and regulatory requirements. The Credit Analyst will engage in various tasks that include performing credit analyses, preparing loan proposals, and presenting findings to the Internal Credit Committee. The role requires a strong analytical mindset and the ability to communicate effectively with both internal teams and prospective clients. In this position, the Credit Analyst will be responsible for creating lead letters for prospective clients, inputting customer information into the CRM system, and preparing comprehensive presentations for the Credit Committee. The analyst will also monitor existing loans, ensuring that all annual servicing information is tracked and reported accurately. This role demands a keen attention to detail and the ability to manage multiple tasks efficiently, as the analyst will be expected to handle customer inquiries and maintain key credit and deposit relationships. Wintrust Financial prides itself on its award-winning culture and commitment to community banking. The Credit Analyst will have the opportunity to grow within the organization, benefiting from a promote-from-within culture and a supportive work environment that values employee development and career advancement.

Responsibilities

• Perform credit analysis (RAC's) and proposals for prospective customers
• Create Lead Letters for prospective clients and add customer information into CRM
• Prepare and review Credit Committee presentations and present at Internal Credit Committee meetings as needed
• Prepare loan proposal letters, Commitment Letters, or Adverse Action Notices
• Prepare, review, and monitor ACH renewal CAP's and annual reviews
• Input and assist with tracking of all annual servicing information through Moody's and run reports to track servicing items
• Send out annual reporting requests as needed
• Maintain key credit and deposit relationships by answering customer calls and inquiries
• Update loan administration reports and Community Advantage website as needed

Requirements

• 1-3 years' banking experience with a focus on credit analysis or underwriting preferred
• Excellent verbal and written communication skills
• Strong analytical, organization, and time management skills with a keen attention to detail
• Basic knowledge of commercial loan documentation, market and industry risks, and regulatory requirements

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