Commercial Underwriter

14 hours ago


Chicago, Illinois, United States Old National Bank Full time
Job Title: Commercial Underwriter

Old National Bank is seeking a highly skilled Commercial Underwriter to join our team. As a Commercial Underwriter, you will play a critical role in analyzing and decisioning loans with Total Credit Exposure between $0 and $3 million, while balancing risk and growth.

Key Responsibilities:
  • Analyze and decision loans, renewals, and new credit requests, ensuring due diligence, risk assessment, and asset quality ratings (AQR) meet quality standards.
  • Meet or exceed productivity expectations for annual credit approval memorandum (CAM) volume.
  • Make prudent credit decisions, balancing risk and growth, and utilize assigned lending authority based on approval authority matrix.
  • Collaborate with Business Bankers, Relationship Managers, internal support staff, and teammates to provide credit expertise and support the commercial loan origination and review process.
Requirements:
  • Commercial credit experience required, with expertise appropriate for the job level.
  • Ability to independently analyze and interpret financial statements and understand basic accounting principles.
  • Self-starter who understands and takes appropriate action related to risks associated with lending to various types of industries.
  • Basic knowledge of loan structuring, borrowing causes, and lending regulations, with the ability to comply and conform to ONB lending policies, guidelines, and standards.
What We Offer:
  • Competitive compensation with a salary, bonus program, and exceptional benefits.
  • Opportunities for professional growth and development.
  • A collaborative and inclusive work environment.

Old National Bank is an equal opportunity employer committed to fostering an inclusive workplace and hiring a workforce comprised of diverse backgrounds, cultures, and thinking styles. We do not discriminate on the basis of race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with a disability, sexual orientation, gender identity, or any other characteristic protected by law.



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