Wintrust Financial Corporation
Credit Risk Oversight Specialist III
Wintrust Financial Corporation, Rosemont, Illinois, United States
Join to apply for the
Credit Risk Oversight Specialist III
role at
Wintrust Financial Corporation 2 days ago Be among the first 25 applicants Join to apply for the
Credit Risk Oversight Specialist III
role at
Wintrust Financial Corporation Get AI-powered advice on this job and more exclusive features. Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich., and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol “WTFC.”
Why join us?
An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 11 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 Promote from within culture.
Why join this team?
Be part of a strong, mature, risk management governance framework. Hybrid Work Schedule – Split your time working remotely and at our Corporate Headquarters in Rosemont, IL or Countryside, IL location. We foster an inclusive environment for an individual to grow and work independently. Opportunity to interact with management level, experienced professionals - higher visibility. Wintrust has a great culture that comes from the top down. Gain experience and further your career by joining a growing organization.
Position Overview
The Credit Risk Oversight Specialist is part of the Credit Risk Oversight Team functioning as an independent second line of defense reporting to the VP Credit Risk Oversight Group Manager. The Credit Risk Oversight Specialist will conduct a systematic review of commercial, small business, specialty, or consumer loan portfolios to determine the accuracy of risk identification in the loan portfolio as well as the adequacy of documentation, administration, credit quality and loan performance. In addition, the Credit Risk Oversight Specialist will prepare business unit reports and other reports related to other bank wide credit risk related issues.
What You’ll Do
Participate in the overall assessment of portfolio credit quality by assessing risk rating accuracy, timeliness of grade changes and appropriateness of supporting rationale. Ensure loan underwriting standards adhere to Wintrust policy and procedures, and policy exceptions are appropriate and mitigated effectively. Review loan documentation, collateral documentation and other credit administration and monitoring for adherence to Wintrust policy and procedure and to all relevant laws and regulations, as well as alignment with credit approval. Manage and/or co-manage internal credit risk oversight engagements. Perform continuous monitoring of assigned portfolios and quarterly charter reviews. Work with senior management to regularly update the credit risk oversight policies and procedures. Ensure adversely classified assets are identified and have appropriate action plans in place. Effectively listen and communicate with loan officers, business unit managers, senior Wintrust leadership, appropriate internal committees, external auditors and all regulatory bodies.
Qualifications
Bachelor’s degree in accounting, Finance, Economics, or a related discipline. Credit professional with at least five years of commercial credit experience, preferably with a background in commercial credit underwriting, credit risk management or loan/credit review. Strong credit analytical skills and credit process knowledge. Knowledge of the banking industry and regulatory guidelines as they relate to credit review and credit risk management practices. Experience in specialty lending niches such as leveraged loans, franchise lending, leasing, asset-based lending, insurance, etc. Successful completion of a formal credit training program preferred. Previous loan/credit review experience preferred.
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 salary range for this role is $117,000-$150,000, 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.
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 build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. 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, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.
Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Referrals increase your chances of interviewing at Wintrust Financial Corporation by 2x Sign in to set job alerts for “Credit Risk Specialist” roles.
Itasca, IL $64,000.00-$67,000.00 2 weeks ago Park Ridge, IL $55,000.00-$85,000.00 2 months ago Investment Banking Analyst / Venture Capital Analyst 2025
Chicago, IL $80,000.00-$80,000.00 20 hours ago Chicago, IL $55,000.00-$65,000.00 1 week ago Downers Grove, IL $50,000.00-$65,000.00 2 days ago Northfield, IL $59,000.00-$77,000.00 1 day ago Chicago, IL $60,000.00-$75,000.00 2 weeks ago Des Plaines, IL $85,000.00-$100,000.00 2 weeks ago Chicago, IL $76,400.00-$127,850.00 2 weeks ago Chicago, IL $55,000.00-$75,000.00 2 days ago Greater Chicago Area $77,500.00-$87,500.00 12 hours ago Chicago, IL $50,000.00-$95,000.00 1 month ago Credit Risk Officer (Hybrid, Chicago, IL)
Chicago, IL $86,000.00-$107,000.00 2 weeks ago Rosemont, IL $85,000.00-$110,000.00 2 days ago Chicago, IL $53,400.00-$109,500.00 1 week ago Chicago, IL $75,000.00-$110,000.00 1 week ago Investment Banking Full-Time Analyst 2026 - Leveraged Finance Group
Investment Banking Analyst – Debt Capital Markets
Chicago, IL $110,000.00-$125,000.00 1 week ago Chicago, IL $88,900.00-$133,400.00 5 days ago Credit Analyst - Mid-Corporate Asset-Based Finance
Chicago, IL $111,095.00-$130,700.00 10 hours ago Chicago, IL $80,000.00-$95,000.00 1 day ago Chicago, IL $102,000.00-$190,000.00 1 week ago Chicago, IL $100,800.00-$112,000.00 1 week ago Credit Analyst - Mid-Corporate Asset-Based Finance
Chicago, IL $98,345.00-$115,700.00 10 hours ago Chicago, IL $125,000.00-$135,000.00 1 week ago Investment Banking - Mid-Cap Investment Banking - Analyst
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr
Credit Risk Oversight Specialist III
role at
Wintrust Financial Corporation 2 days ago Be among the first 25 applicants Join to apply for the
Credit Risk Oversight Specialist III
role at
Wintrust Financial Corporation Get AI-powered advice on this job and more exclusive features. Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich., and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol “WTFC.”
Why join us?
An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 11 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 Promote from within culture.
Why join this team?
Be part of a strong, mature, risk management governance framework. Hybrid Work Schedule – Split your time working remotely and at our Corporate Headquarters in Rosemont, IL or Countryside, IL location. We foster an inclusive environment for an individual to grow and work independently. Opportunity to interact with management level, experienced professionals - higher visibility. Wintrust has a great culture that comes from the top down. Gain experience and further your career by joining a growing organization.
Position Overview
The Credit Risk Oversight Specialist is part of the Credit Risk Oversight Team functioning as an independent second line of defense reporting to the VP Credit Risk Oversight Group Manager. The Credit Risk Oversight Specialist will conduct a systematic review of commercial, small business, specialty, or consumer loan portfolios to determine the accuracy of risk identification in the loan portfolio as well as the adequacy of documentation, administration, credit quality and loan performance. In addition, the Credit Risk Oversight Specialist will prepare business unit reports and other reports related to other bank wide credit risk related issues.
What You’ll Do
Participate in the overall assessment of portfolio credit quality by assessing risk rating accuracy, timeliness of grade changes and appropriateness of supporting rationale. Ensure loan underwriting standards adhere to Wintrust policy and procedures, and policy exceptions are appropriate and mitigated effectively. Review loan documentation, collateral documentation and other credit administration and monitoring for adherence to Wintrust policy and procedure and to all relevant laws and regulations, as well as alignment with credit approval. Manage and/or co-manage internal credit risk oversight engagements. Perform continuous monitoring of assigned portfolios and quarterly charter reviews. Work with senior management to regularly update the credit risk oversight policies and procedures. Ensure adversely classified assets are identified and have appropriate action plans in place. Effectively listen and communicate with loan officers, business unit managers, senior Wintrust leadership, appropriate internal committees, external auditors and all regulatory bodies.
Qualifications
Bachelor’s degree in accounting, Finance, Economics, or a related discipline. Credit professional with at least five years of commercial credit experience, preferably with a background in commercial credit underwriting, credit risk management or loan/credit review. Strong credit analytical skills and credit process knowledge. Knowledge of the banking industry and regulatory guidelines as they relate to credit review and credit risk management practices. Experience in specialty lending niches such as leveraged loans, franchise lending, leasing, asset-based lending, insurance, etc. Successful completion of a formal credit training program preferred. Previous loan/credit review experience preferred.
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 salary range for this role is $117,000-$150,000, 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.
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 build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. 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, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.
Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Referrals increase your chances of interviewing at Wintrust Financial Corporation by 2x Sign in to set job alerts for “Credit Risk Specialist” roles.
Itasca, IL $64,000.00-$67,000.00 2 weeks ago Park Ridge, IL $55,000.00-$85,000.00 2 months ago Investment Banking Analyst / Venture Capital Analyst 2025
Chicago, IL $80,000.00-$80,000.00 20 hours ago Chicago, IL $55,000.00-$65,000.00 1 week ago Downers Grove, IL $50,000.00-$65,000.00 2 days ago Northfield, IL $59,000.00-$77,000.00 1 day ago Chicago, IL $60,000.00-$75,000.00 2 weeks ago Des Plaines, IL $85,000.00-$100,000.00 2 weeks ago Chicago, IL $76,400.00-$127,850.00 2 weeks ago Chicago, IL $55,000.00-$75,000.00 2 days ago Greater Chicago Area $77,500.00-$87,500.00 12 hours ago Chicago, IL $50,000.00-$95,000.00 1 month ago Credit Risk Officer (Hybrid, Chicago, IL)
Chicago, IL $86,000.00-$107,000.00 2 weeks ago Rosemont, IL $85,000.00-$110,000.00 2 days ago Chicago, IL $53,400.00-$109,500.00 1 week ago Chicago, IL $75,000.00-$110,000.00 1 week ago Investment Banking Full-Time Analyst 2026 - Leveraged Finance Group
Investment Banking Analyst – Debt Capital Markets
Chicago, IL $110,000.00-$125,000.00 1 week ago Chicago, IL $88,900.00-$133,400.00 5 days ago Credit Analyst - Mid-Corporate Asset-Based Finance
Chicago, IL $111,095.00-$130,700.00 10 hours ago Chicago, IL $80,000.00-$95,000.00 1 day ago Chicago, IL $102,000.00-$190,000.00 1 week ago Chicago, IL $100,800.00-$112,000.00 1 week ago Credit Analyst - Mid-Corporate Asset-Based Finance
Chicago, IL $98,345.00-$115,700.00 10 hours ago Chicago, IL $125,000.00-$135,000.00 1 week ago Investment Banking - Mid-Cap Investment Banking - Analyst
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr