Portfolio Monitoring

Job Opportunity At Old National Bank

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.

Responsibilities

We are growing and have opportunities for Commercial Underwriters on our C&I Portfolio Monitoring team. This role has the primary responsibility of managing the loan portfolio through annual credit reviews, required covenant testing, and borrowing base testing when applicable. You will assign appropriate asset quality ratings in a fast-paced, high-volume environment by completing a detailed financial analysis to obtain a deeper understanding of a borrower's credit risk. You will collaborate with Relationship Managers and internal support staff to provide credit expertise and monitor the portfolio.

We are an in-office working environment with the following locations for you to work with team members; Evansville IN, 8750 W. Bryn Mawr Chicago (near Rosemont and the Cumberland Blue line station), Lincoln Park in Chicago, Hickory Hills IL, McHenry IL, Sycamore IL, Gurnee IL, Milwaukee, Madison, Lake Elmo St Paul, Rochester MN, Troy MI, Indianapolis 900 E. 96th at Parkwood, Louisville Market Street, and Nashville Gulch.

Key Accountabilities

Portfolio Monitoring

• Complete annual credit reviews and required covenant testing for all existing borrowers in the C&I portfolio.
• Monitor borrowing base lines of credit.
• Accurately assign asset quality ratings (AQR).
• Work with assigned Relationship Managers to address default situations, payment delinquencies, review maturing notes, monitor the receipt of financial information, and manage other reports as required.
• Commercial Underwriters may monitor overlines and Treasury Management / ACH risk reports or other trends, as appropriate.

Partner with respective Relationship Managers

Underwrite Loans (when needed)

Key Competencies for Position

Cultural Leadership :

Execution Leadership :

Client Leadership :

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.

As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.

Our culture is firmly rooted in our core values. We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical. We are Old National Bank. Join our team.