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Portfolio Monitoring and Commercial Credit Analysis C&I

Portfolio Monitoring and Commercial Credit Analysis C&I

Old National BankLouisville, KY, United States
30+ days ago
Job type
  • Full-time
Job description

Portfolio Monitoring and Commercial Credit Analysis C&I

Job Locations

US-IN-Indianapolis | US-IN-Evansville | US-TN-Nashville | US-KY-Louisville | US-IL-Chicago | US-IL-Hickory Hills | US-IL-Chicago | US-IL-Gurnee | US-IL-McHenry | US-IL-Sycamore | US-WI-Milwaukee | ...

Category / Function

Lending / Commercial / Consumer / Credit

Position Type

Regular Full-Time

Requisition ID

2025-18055

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

Salary Range

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

UW Tier Level

Commercial Credit Experience Required

Tier II

3-5 Years

Tier III

5-7 Years

We are growing and have opportunities for Portfolio Monitoring and Underwriting C&I 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; Indianapolis, 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 Capital Drive, 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

  • Provide credit expertise using a consultative approach; applying proficient knowledge, understanding, and application of ONB guidelines / standards / policies, risk assessment and analysis; effectively communicate risks, questions, and options to RM seeking win-win solutions.
  • Deliver exceptional internal customer service and adopt new processes and new tools, as available.
  • Develop and enhance knowledge of assigned segmentation and portfolio by leveraging internal and external resources and expertise
  • Partner well with associates on revenue generating sales team, support teams and others in Credit to ensure a collaborative, team, and empowered environment
  • Underwrite Loans (when needed)

  • 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 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.
  • Key Competencies for Position

    Cultural Leadership :

  • Communication - effectively shares information and ideas with individuals and groups; displays self-awareness and self-management, tailors the delivery to the audience, and selects suitable delivery methods.
  • Collaboration - actively seeks, develops and maintains trusted relationships with others to achieve business goals and objectives.
  • Execution Leadership :

  • Drive and Execution - committed to achieving established goals, overcoming obstacles, and continuously learning; focuses on ways to succeed by changing strategies, increasing effort, using varying approaches; seeks and leverages opportunities to collaborate with others to achieve results; consistently achieves performance targets.
  • Problem Solving / Decision Making - with minimal oversight, seeks to identify what caused an issue; incorporates input from multiple sources (e.g., lines of business, subject matter experts, data, policies, procedures, etc.) to ensure effective action and shared ownership; decisions are sound based on what was known at the time and are based on a blend of analysis, wisdom, experience, and judgement.
  • Adaptability - flexible and agile (can be a utility player); modifies behavior and approach in order to deal effectively with changing business needs, conditions, work responsibilities and requirements, and client needs; maintains effectiveness when experiencing change; accepts new challenges / shifts / change in a "can-do" way; focuses on the beneficial aspects of change
  • Technical Knowledge - possesses the required technical knowledge to perform the role effectively; continuous learning to adopt new trends or expertise; applies credit and banking expertise, industry knowledge, skills and abilities to demonstrate and sustain a depth and breadth of applicable technical underwriting knowledge
  • Client Leadership :

  • 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

  • Demonstrate at least 3-7 years progressive experience within Commercial Credit for C&I is required with each incremental level of responsibility.
  • Demonstrated ability to independently (with limited oversight), understand, analyze and interpret financial statements
  • 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; ability to comply with and conform to ONB lending policies, guidelines and standards
  • Must be able to make sound independent decisions and communicate those decisions clearly and effectively to the internal / external client quickly given the high volume, fast-paced environment
  • Must be able to actively listen, quickly identify issues as well as opportunities when they arise, and problem solve in real-time to move the work accordingly
  • Must feel comfortable working in a collaborative team environment along with being an independent thinker.
  • Bachelor's degree in finance, accounting or equivalent experience
  • 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.)

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    Commercial Portfolio • Louisville, KY, United States

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