Funding Coordinator

Employment Type

: Full-Time


: Miscellaneous

Funding Coordinator-2000799


Wintrust Asset Finance isan equipment-focused financing group that offers sophisticated loan and leaseproducts to commercial companies throughout the country in a wide range ofindustries, including transportation, construction, manufacturing, energy services,aviation, and turn-key property, plant, and equipment, among others. WintrustAsset Finance is an affiliate of Wintrust, a financial services company withmore than $36 billion in assets.

The Funding Coordinator is responsible for the review and analysis of approved credit memorandum for all lending products fulfilled by the specialtyl finance group, including, interpretation of terms, conditions, covenants and restrictions on approval, administration of lease and loan documents, closing and funding of assigned obligations. Conducts preliminary review as needed and secondary review and analysis of approved loan structure and verification of the documents submitted and determine their compliance with Bank's requirements.

Performs direct supervisory duties of the following positions:

Funding Coordinator

Ensures compliance with established Bank policies and procedures. Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position including but not limited to the following: Regulation Z (Truth in Lending Act), Regulation B (Equal Credit Opportunity Act), Home Mortgage Disclosure Act, Real Estate Settlement Procedures Act, Fair Credit Reporting Act, Bank Secrecy Act in conjunction with the USA PATRIOT Act, Anti-Money Laundering and Customer Information Program, Right to Financial Privacy Act (state and federal) and Community Reinvestment Act.

Reviews and analyzes credit write-ups, determine loan structure and checklistof documents required from borrower; review preliminary title reports andentity documents; check appraisal review and determine compliance with loan tovalue requirement; process loan documents within the established time frame andconduct final document reviews prior to signature and funding to ensureaccuracy and compliance with terms and conditions of loan approval.

Reviews and takesappropriate action for conditions, covenants and restrictions on approval andother collateral related documentation (UCC filing, etc.).

Coordinates withoriginators and borrowers regarding issues/problems related to documentation,closing, funding and recording of the loan.

Reviews andensures compliance of pre-funding and post funding requirements. Review allexecuted documents to determine completeness and proper execution and that norevision/changes have been made on the lease documents.

Ensures fundedfiles are booked accordingly and timely with Specialty Finance Groupaccounting.

Processes, solvesand answers customer transactions, problems or inquiries.


  • Two or more years of related experience and/or training; or the equivalent combination of education and experience. Work related experience should consist of a background in Administration and documentation and supervisory skills. Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be applicable to the financial industry.
  • Excellent customer service skills and the ability to interact with all levels of management and all customers.
  • Ability to work independently and under pressure of high volumes.
  • Ability to handle multiple tasks and accept change willingly.
  • Proficient in MS Office suite.
  • Intermediate math skills; ability to calculate interest and percentages; balance accounts; add, subtract, multiply and divide, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent.
  • Ability to deal with problems involving multiple facets and variables in non-standardized situations.
  • 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.

    Launch your career - Create your profile now!

    Create your Profile

    save job button

    Description Wintrust Asset Finance isan equipment-focused financing group that offers sophisticated loan and leaseproducts to commercial companies throughout the country in a wide range ofindustries, including transportation, construction, m...

    save job button

    Mortgage Closer needed, can work remote with heavy encompass and closing/funding experience.This Jobot Job is hosted by: Augie UllmannAre you a fit? Easy Apply now by clicking the "Apply on company site" button and sending us your resume.Salary: $...