Compliance Specialist at Wintrust Financial Corporation in Rosemont, Illinois

Job Description:

Founded in 1991 with the idea to be the alternative to the big banks, Wintrust has since grown into a financial services company with more than $45 billion in assets, headquartered in Rosemont, Illinois. Through our multiple companies and divisions, we provide traditional community banking and commercial banking services, wealth management solutions, commercial and life insurance premium financing, mortgage origination, and short-term accounts receivable financing and certain administrative services, such as data processing of payrolls, billing, and treasury management services. We provide community-oriented personal and business banking services to customers located in the greater Chicagoland area, northwest Indiana, and southern Wisconsin through more than 175 community bank locations.

Responsible for assisting in implementing an effective, proactive Fair Lending Program to assure that the organization maintains the required level of compliance set forth by its regulatory agencies.

10%

Maintains a competent level of expertise and knowledge of the requirements of the various Fair Lending laws, regulations and rulings governing the Bank's activities. Keeps abreast of regulatory updates through reading, classes, seminars, etc.

10%

Demonstrates creative thinking and problem solving:

• Offers innovative solutions.


• Identifies areas for improvement and offers viable solutions.

10%

Exhibits superior time management skills (measured by deadlines and quality of progress and projects completed).

5%

Volunteers for project work. Handles other duties as assigned.

10%

Conducts Fair Lending Risk Assessments.

15%

Conducts Fair Lending Comparative File Reviews.

10%

Conducts periodic Fair Lending monitoring related to marketing, exceptions, lending performance, etc.

10%

Performs Data Analysis and reporting.

10%

Reviews policies, procedures and internal controls for compliance with Fair Lending laws and regulations. Identifies and communicates potential issues to management. Provides assistance to management in developing and implementing necessary corrective action. 

5%

Updates and maintains written Fair Lending procedures with manager oversight.

100%

LEVEL QUALIFIERS

Problem Solving:

Resolves non-routine problems with specialized knowledge

Knowledge:

Applies comprehensive concepts across fields

Discretion:

Demonstrates considerable judgment in selecting methods

Supervision:

Individual Contributor

Budget Responsibility:

N/A

Complexity Scope:

Responsible for projects with defined scope

Other Fiscal Responsibility:

Experience:

0-3 years

Education:

Bachelor degree or equivalent

Certifications Required:

None.

Related Experience:

Work experience in a compliance, risk, audit, finance, or related analytical role preferred.

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 or any other characteristic protected by law.