Commercial Underwriter CRE

Cre Underwriter

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

The salary range for this position is $60,000 - $165,100 per year plus bonus. Final compensation will be determined by location, skills, experience, qualifications and the career level at which the position is filled.

This role has the primary responsibility of underwriting lending opportunities, balancing risk and growth ensuring loan structures are appropriate and consistent with bank lending standards. You will assign an appropriate asset quality rating, in a fast-paced, high volume environment completing a detailed financial analysis to obtain a deeper understanding of an application's credit risk. You will collaborate with Relationship Managers, and internal support staff to provide credit expertise to underwrite and monitor the portfolio.

We are an in-office working environment with the following locations for you to work with team members; 8750 W. Bryn Mawr Chicago (near Rosemont and the Cumberland Blue line station), Lincoln Park in Chicago, 180 N. LaSalle Chicago, Hickory Hills IL, McHenry IL, Sycamore IL, Milwaukee on Capital Drive, Madison in Capital Square, and Indianapolis 900 E. 96th at Parkwood.

Underwrite loans

• Underwrite credit requests focusing on appropriate due diligence, risk assessment and asset quality ratings (AQR)
• Meet quality standards as outlined in ONB underwriting guidelines and policy; evaluation by Loan Review, OCC, and / or others may identify unacceptable underwriting or inaccurate asset quality ratings (AQR)
• Meet or exceed productivity expectations for annual credit approval memorandum (CAM) volume
• Produce a high quality and accurate analysis while also not sacrificing efficiency in a fast-paced, high volume environment juggling multiple requests while adhering to client driven response timelines, etc.

Partner with respective Relationship Managers as well as Treasury Management Partners

Monitor portfolio

Key competencies for position

Client Leadership - Puts the (internal and / or external) client in the forefront; strives to delight clients / partners by becoming a trusted advisor, establishes long-term productive relationships by viewing and understanding outcomes and operations through the eyes of the client, identifying and acting upon needs, and delivering increased value

Qualifications and education requirements :

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.