Wintrust Financial Corporation FIRST Insurance Funding - Vice President, Risk Management in northbrook, Illinois
This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/ada/r/jobs/5591752 Position Purpose: Reporting to the Chief Operating Officer, this position is responsible for managing the Risk Management Department while mentoring, motivating, and developing the team members. This position will serve as the primary resource for Risk Management decisions pertaining to Agents, MGA's, and Carriers.Review new agent files submitted by Credit Analysts, ensure that all documentation is provided and submit final recommendations to COO.
+ Works directly with COO & Credit Committees in reviewing and addressing audit concerns.
+ Credit Committee voting member responsible for reviewing existing agents, general agents and insurance companies and recommending changes if needed.
+ Oversee and manage weekly Loan Audit reports and Funding Verification reports (working with the Credit Analyst and Credit Specialist).
+ Monitor care of accounts including frequency, volume, and trends.
+ Oversee temporary lines of credit to accommodate loans for new agents to be processed prior to permanent line of credit approvals.
+ Monitor temporary line of credit increases and recommend Credit Committee reviews, if needed.
+ Investigate trends/patterns within agent portfolios and report and discuss any findings to COO.
+ Monitor workflow and workload distribution while making continuous improvements and adjustments as needed.
+ Monitor the staff's quality and quantity of work and make recommendations for improvements/adjustments.
+ Responsible for other reporting and analysis projects requested by COO and Credit Committees.
As a dynamic organization in a rapidly changing environment, the responsibilities associated with this position will change in accordance with the company's business needs. More specifically, the incumbent may be required to perform additional and/or different responsibilities from those set forth above. Required Skills / Qualifications
+ Strong decision making and organizational skills
+ Strong ability to lead a team while working as a team
+ High level of analytical, research and investigative skills
+ Excellent verbal and written communication skills
+ Excellent attention to detail
+ High level of dependability, accountability and follow up skills
+ Ability to perform in a fast paced environment
+ Advanced computer skills including MS Word, MS Excel, Adobe and Internet
Requirements: Education Required: High School Diploma Preferred: Associates or Bachelors Degree in business or finance Experience: 5-10 plus years of insurance or industry experience Wintrust Financial Corporation (including community banking and financial services subsidiaries) is an Equal Opportunity/Affirmative Action/Veterans/Disability employer. VEVRAA Federal ContractorRequest Priority Protected Veteran ReferralsEOE -Veteran /Disabled/Minority/AA/F/M/SO