Monitoring Coordinator

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 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

• 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

Position Summary:

The WM Monitoring Department focuses on ensuring compliance with various Federal and State laws and regulations governing the conduct of the Mortgage Division’s affairs while seeking to prevent any penalties or liabilities with the requirements of investors and government agencies. The Monitoring Department provides meaningful information regarding process quality and adherence to the regulatory compliance requirements affecting our business. Through regular monitoring and periodic reporting, the department also provides information on the effectiveness of current policies and procedures that maximizes the Company’s profitability.

What You’ll Do

• Responsible for performing compliance testing for mortgage loans to ensure conformance with consumer regulatory requirements, investor requirements, and company policies and procedures.

• Assist in identifying operational risks and escalating issues to management.

• Maintain a competent level of expertise and knowledge of the requirements of the various laws, regulations and rulings concerning the mortgage industry.

• Keep abreast of regulatory updates through reading, classes, and seminars.

• Maintain the confidentiality of sensitive borrower, bank, and mortgage company sensitive information and related materials.

• Other duties as assigned.

Qualifications

• Minimum of two years of experience in mortgage industry.

• Knowledge of residential mortgage Federal and State regulations (Truth-in-Lending, Real Estate Settlement Procedures Act, Regulation B – ECOA, Home Mortgage Disclosure Act (HMDA).

• Prior experience with Ellie Mae’s Encompass Loan Origination System strongly preferred.

• Experience working in an OCC regulated environment preferred.

• Associate’s degree preferred.

• Strong written and verbal communication skills.

• Proficiency in Microsoft Office

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 hourly rate for this role is $20.20-$26.45. Actual pay rate may vary based on several factors, such as a candidate’s qualifications, skills and experience.

#LI-HYBRID

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.