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Governance and Control Specialist

Wintrust Financial Corporation
Newark, NJ
Full-time

As the largest life insurance premium finance company in the country, Wintrust Life Finance provides customized financing solutions to qualified borrowers seeking to finance their life insurance premiums.

Our financing solutions have supported numerous planning structures, including traditional wealth transfer, key-man insurance, buy-sell arrangements, split dollar arrangements, term alternatives, charitable giving, income replacement strategies, and more.

Wintrust Life Finance is a subsidiary of Wintrust, a financial services company with more than $50 billion in assets.

Why join us?

An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 9 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

This position is hybrid with 2-3 days in the office, which is located in Newark, NJ.

Why join this team?

  • We are seeking a critical thinker that’s willing to learn and not afraid of taking on new initiatives.
  • We are a vibrant, team-oriented atmosphere that provides opportunities for individual growth.
  • Gain experience and further your career by joining a growing organization.

Position Overview :

This position will assist with ensuring compliance with various Federal and State laws and regulations governing the booking of premium finance loans while seeking to prevent any penalties or liabilities with the requirements of investors and government agencies.

The primary function of the role is to assist with the documentation and implementation of processes, policies and procedures.

What you will be doing :

Assist with writing, reviewing, and editing policies and procedures relative to regulatory requirements of booking premium finance loans.

Maintains a competent level of expertise and knowledge of regulatory requirements. Work with team manager to develop and maintain a schedule for regular policy reviews and updates.

Prepare and review departmental reports, communicate observations and make recommendations to improve quality, accuracy, efficiencies, and compliance with industry standards and rules, as well as corporate policies and procedures.

Assist with implementation of compliance testing plan for premium finance loans to ensure conformance with regulatory requirements and corporate policies and procedures.

Collaborate with Team lead on key initiatives, audits, projects, technology solutions or opportunities for efficiency.

Review, disposition and escalate BSA and fraud inquiries as needed.

Qualifications :

Advanced writing, communication and organization skills

Ability to manage multiple priorities and deadlines

Experience with Excel is a plus

Willingness to learn

Positive attitude

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.

30+ days ago
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