Credit Policy & Reg Oversight Specialist

Credit Policy & Reg Oversight Specialist

Job Locations

US-IL-Chicago

Category / Function

Lending / Commercial / Consumer / Credit

Position Type

Regular Full-Time

Requisition ID

2025-18049

Workplace Type

On Site

Overview

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

The Credit Regulatory Oversight Specialist position will have responsibilities over coordinating regulatory oversight with business lines. The manger will work with the Credit Policy and Regulatory Oversight Director to ensure regulatory compliance and serve as a representative for the bank to regulatory, Internal Audit and Loan Review and self - identified remediation plans to meet the requirements of regulatory expectations. The role will be responsible for monitoring regulatory developments, conducting risk assessments and facilitating examination coordination. They may also be engaged in supporting audits and examinations.

This role will perform portfolio analysis to assess Old National's credit risk and coordinate interactions relating credit with external regulators and internal examiners and auditors.

Salary Range

The annual salary range for this position is $81,700.00 - $165,100.00. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate's relevant skills and professional experience, educational qualifications, and geographic location.

Key Accountabilities

Regulatory Compliance & Examination Coordination

Coordinates examinations and leads projects with collaboration from the Credit Policy Director to ensure compliance with federal, state, and local laws and regulations.

• Tracks internal and external examination cycles and coordinates response recommendations with 1st Line of Defense and 2nd Line of Defense.
• Serves as the point of communication with regulators, internal auditors, and examiners for assigned credit segments; resolves recommendations and MRAs.
• Works with and implements directives from regulatory agencies.
• Ensures compliance with regulatory requirements and guidance.

Risk Management & Policy Influence

Stakeholder Engagement & Advisory Support

Training & Development Coordination

Key Competencies for Position

Compelling Communication - Openly and effectively communicates with others.

Makes Decisions & Solves Problems - Seeks deeper understanding and takes action.

Delights Clients - Continuously seeks and applies knowledge leading to a best-in-class client experience.

Qualifications and Education Requirements

Key Measures of Success / Key Deliverables :

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!

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If you're qualified for a position but need additional help with the application because of a disability, please email HRservices@oldnational.com (This email will respond to accommodation requests only.)