Loan Servicing Specialist (Finance)
Wintrust Mortgage was founded in 1981 to help customers achieve the American dream of homeownership and has since successfully navigated the ever-changing real estate market. As a full-service, federally chartered lender with offices located across the country, we're dedicated to providing customers with a wide range of mortgage products and have the capability to lend in all 50 states. To complement the basic conventional, FHA, and VA loan programs, we are uniquely positioned to meet the needs of the continually evolving market. Wintrust Mortgage is part of Wintrust, a financial services company with more than $62 billion in assets.
Why join us?
- An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 9 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:
- Review and correction of systemically transmitted of record data related to loan account set up
- Manually process customer account set up of systemically transmitted ‘kick outs'.
- Review, research and validate escrow and account data for accuracy on the servicing system of record.
- Manually processes renewals from loan modifications, agreements, subornations, notes and other loan documents.
- Manually board complex consumer lending loans.
- Execute complex workload functions including: Loan Control, File Monitoring, QA Corrections, etc.
- Appropriately identify, evaluate potential risk associated with boarding and maintaining mortgage loans while implementing mitigation strategies as appropriate.
- Assist in maintaining quality results by following standards and recommending improved policies and procedures.
- Assist in documenting loan boarding processes used for training and audit purposes.
- Assist in streamlining and automating the onboard process including: 1) FIS Participations, 2) Keyword changes, 3) Transfer of escrow funds.
- Creating escrow records for taxes, insurance & PMI to meet investor reporting requirements.
- Handle loan modification process, completing within established timeline.
- Assist in the preparation of daily, weekly and monthly reports.
- Participate in special projects for the department as assigned.
Qualifications:
- 3 years of Servicing experience.
- Associates degree or equivalent Experience could be used a substitute.
- Experience with Mortgage On Boarding; FIS knowledge strongly desired.
- Advanced Computer Skills
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
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.
