Funding Specialist

About the role

Wintrust Asset Finance is an equipment-focused financing group that offers sophisticated loan and lease products to commercial companies throughout the country in a wide range of industries, including transportation, construction, manufacturing, energy services, aviation, and turn-key property, plant, and equipment, among others. Wintrust Asset Finance is an affiliate of Wintrust, a financial services company with more than $66 billion in assets.

The Funding Specialist is responsible for independently reviewing, coordinating, and funding commercial, equipment finance, and lease transactions while ensuring compliance with approved credit structures, regulatory requirements, and bank policies. The position performs detailed analysis of loan documentation, verifies funding conditions, executes funding transactions, and partners with internal and external stakeholders to ensure timely and accurate loan closings.

What You’ll Do

Loan Documentation Review & Analysis

• Review approved credit memorandums and loan approvals to ensure funding aligns with approved terms.
• Analyze loan and lease documentation for completeness, accuracy, compliance, and operational risk.
• Verify all funding conditions have been satisfied prior to funding.
• Identify documentation deficiencies and coordinate resolution with business partners.
• Exercise independent judgment in determining funding readiness.

Funding Coordination & Execution

• Coordinate funding activities with lenders, credit administration, legal counsel, title companies, vendors, and customers.
• Prepare and execute legal documentation requiring authorized signatures.
• Initiate domestic and international wire transfers and other funding disbursements.
• Ensure funding transactions comply with internal controls and authorization procedures.
• Maintain complete and accurate funding documentation.

Risk Management & Compliance

• Ensure compliance with lending procedures, regulatory requirements, OFAC, BSA, AML, and internal policies.
• Resolve funding issues while minimizing operational risk.
• Escalate exceptions requiring management or legal review.
• Support internal and external audits.

Process Improvement

• Recommend improvements to funding processes and operational controls.
• Participate in testing new systems and workflow enhancements.
• Assist in developing procedures and training materials.
• Maintain confidentiality of customer and financial information.

Qualifications

• 3–5 years of commercial lending, loan operations, funding, or credit administration experience.
• Bachelor degree or equivalent.
• Applies fundamental concepts
• General Computer Skills
• Utilizes established procedures but decides action within task
• Resolves non-routine problems with specialized knowledge
• Demonstrates considerable judgment in selecting methods

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 annual salary range for this role is $ 59,000- $77,000.00 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.