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Governance & Control Manager

Company: Wintrust
Location: Newark
Posted on: May 28, 2023

Job Description:

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
  • Hybrid position: Currently 2 days in Newark, NJ office and 3 days work from home

    What You Will Be Doing:
    • This position will oversee a team of Governance & Control Specialists, who review, analyze, and report on key controls and measurements across multiple departments. The position focuses on 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 will work closely with interdepartmental teams to ensure protocols are maintained and/or updated accordingly.
    • Prepare and review departmental reports and communicate observations and make recommendations to improve quality, accuracy, efficiencies, and compliance with industry standards and rules, as well as corporate policies and procedures. Develop compliance testing plan for premium finance loans to ensure conformance with regulatory requirements and corporate policies and procedures.
    • Collaborate with different departments, as needed, to compile information in accordance with audit requests. Furnish information requested to auditors. Track progress of remediation of audit findings.
    • Plan, organize, write, review, and edit policies and procedures relative to regulatory requirements of booking premium finance loans. Maintains a competent level of expertise and knowledge of regulatory requirements.
    • Maintain and hire staff. Develop personal growth opportunities and assign team objectives for staff to execute. Creating a team of engaged employees that feel connected to the organization.
    • Collaborate with senior management on key initiatives, projects, technology solutions or opportunities for efficiency.

      • Bachelor's degree preferred
      • 3- 5 years of management experience
      • Governance and Assurance experience required, as well as, experience with writing policies and procedures


        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.

Keywords: Wintrust, Newark , Governance & Control Manager, Executive , Newark, New Jersey

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