Factoring Portfolio Analyst
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 12 years) and Employee Recommended award by the Globe & Mail (past 6 years)
Competitive pay and annual discretionary 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
Promote from within culture
The Factoring Portfolio Analyst reviews, analyzes, and reconciles invoice assignment schedules and supporting documentation. In this role, you’ll work closely with the Factoring Portfolio Manager on collateral monitoring, reporting requirements, etc.
What You’ll Do
Serve as a point of contact for clients to resolve reporting discrepancies or other collateral-related issues
Process and review invoices submitted by clients for accuracy and compliance
Understand and manage accounts consistent with the Bank approvals and Account Purchase Agreement
Maintain an effective line of communication with the Relationship Manager on assigned accounts, and alert to any unusual trends observed in performing routine job duties
Qualifications
Minimum 2 years of direct experience in A/R, billing, or general accounting; banking or asset-based lending operations a plus
Associate degree in accounting or related field; bachelor’s degree a preferred
Must be detail focused and well organized with the ability to multitask
Good interpersonal and customer relations skills are required to deal with clients and department personnel
Proactive/confident communication skills (both verbal and written) to interact with senior management, clients, etc.
Ability to work independently and use independent judgment with minimal supervision
Strong knowledge of Microsoft Office applications (specifically MS Excel) along with ability to pick up on new systems quickly
Experience with Factor Soft or Monarch software a plus
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 $59,000 - $77,000, 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.