Risk Analyst (Finance)

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?

• Hybrid Work Schedule – Split your time working remotely and at our Corporate Headquarters in Rosemont, IL.

• 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

Support Wintrust's Corporate Risk Management department in executing ERM activities including risk identification and assessments, policy and committee governance, and operational risk oversight for ERM activities.  Through collaboration, help the ERM team in developing a holistic view of risk across the Bank to ensure key risks are identified, measured, monitored, managed and reported in line with company policies and regulatory expectations.  Actively participate in the development and execution of the Company's long-term ERM strategy.

What You'll Do

• Enhance risk and control self-assessments, policies and procedures to help ensure risks are identified, measured, monitored, managed and reported. 

• Assist in the development of a forward-looking, formalized process of risk limits, metrics and thresholds and the timely and accurate identification, escalation, and resolution of risk limit breaches. 

• Support the administration of ERM's database of businesses, processes, risks, scoring, follow-up action plans, policies, procedures, controls, key risk indicators, issues and actions, etc. (within the Resolver GRC tool).

• Assist in the design, development, and production of Wintrust's ERM reporting and analytics.  Ensure consistency in the reporting across the enterprise.  Incorporate industry best-practices, regulatory guidance, and peer information to continuously improve and innovate report content and quality.  Increase focus on Wintrust's risk data aggregation capabilities, ultimately resulting in enhanced KRIs and improved management and ERM reporting.

• Coordinate, maintain, revise, update ERM program documentation (policy, procedures, ERM reporting).  Research and suggest program documentation revisions to incorporate industry best practices, regulatory guidelines, and internal/external developments affecting Wintrust's businesses and processes. 

• Help to revise and improve Wintrust's risk assessment methodology and individual risk assessments to ensure they capture current and emerging risks, developing industry best practices, and regulatory protocols.

Qualifications

• 0-3 years of relevant work experience in a financial institution or in a regulatory capacity and/or possess a business/banking education background.

• Familiarity with/basic understanding of: Various risk categories (Credit, Liquidity, Operational, etc.), 3 Lines of Defense, Statement of Risk Appetite/Key Risk Indicators (KRIs), Risks and Controls, Policies and Procedures, Overall Risk Culture.

• Strong skills in Microsoft Office suite (especially Excel and PowerPoint).

• Experience in working with analytical tools/platforms (Resolver GRC tool, Workiva, SurveyMonkey) used for data analytics and performing risk assessments.

• Bachelor's degree 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 $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.

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Support Wintrust's Corporate Risk Management department in executing ERM activities including risk identification and assessments, policy and committee governance, and operational risk oversight for ERM activities.  Through collaboration, help the ERM team in developing a holistic view of risk across the Bank to ensure key risks are identified, measured, monitored, managed and reported in line with company policies and regulatory expectations.  Actively participate in the development and execution of the Company's long-term ERM strategy.

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.