Commercial Loan Specialist

Commercial Loan Doc Spec Job Locations US-IN-Evansville Category/Function Lending/Commercial/Consumer/Credit Position Type Regular Full-Time Requisition ID 2026-20043 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 Commercial Loan Documentation Specialists are responsible for accurately creating commercial loan closing documents. This role must understand the commercial online application system (CML), Laser Pro documentation system, ONB loan policy and Commercial Guidelines and Procedures. The specialists use loan approvals, ONB loan guidelines, organizational documents, and third-party reports to complete a pre-closing review of each transaction to create accurate closing documents while meeting established service level expectations. Salary Range The salary range for this position is $18.25/Hr. - $29.75/Hr.. Final compensation will be determined by location, skills, experience, qualifications and the career level at which the position is filled. Key Accountabilities Pre-Closing Review: Completes a thorough pre-closing review of entity organizational documents and collateral information, including UCCs, title searches and/or title commitments, appraisals, environmental due diligence, and flood determinations. Utilizes Loan Guidelines and commercial procedures to ensure documents are prepared in accordance with approval document. Communicates effectively with other members of the Loan Fulfillment team, Relationship Managers, CBS', Credit Underwriters, in-house legal counsel, and Loan Servicing to resolve any issues or answer questions prior to releasing the closing package. Preparation of Loan Documents: Utilizes special loan software to produce accurate and complete loan documents. Prepares template documents outside of loan software (i.e. Rate Modifications & Due Date Changes) Service: Manages workflow to ensure adherence to service level expectations. Serves as a resource to complete second reviews or document preparation for pre-closing specialists during high volumes. Exhibits flexibility in response to the changing banking environment. Assists in training new team members, creating and updating processes and procedures for the department. Works effectively in a fast-paced environment. Provide options and solutions when issues arise. Tracks upcoming letter of credit expiration dates. Additional position levels: In addition to the core job requirements outlined above, the Senior & Team Lead roles are also accountable for: Senior Specialist Acts effectively as the first step in the escalation process and exception decisions. Assists in second level reviews of critical items, as needed, to ensure accuracy prior to releasing closing documents. Completes a comprehensive review of loan documents prepared by outside legal counsel to ensure they meet serviceability requirements and terms of approval. Prepares specialty lending products such as letters of credit and installment payment contract Prepares boarding documents for attorney prepared loans, syndications, participations, advise lines, and bond notes Senior role may also include document preparation for specialty lending products (i.e. USDA, Main Street lending, etc.). Assists in training new team members. Assists in creating and updating processes and procedures for the department. Assists management with special projects. Key Competencies for Position Develops Talent - Strengthen your abilities for today and beyond. You own your own development and your career. Actively assesses self-feedback to enhance knowledge, skills and behaviors. Leverages own strengths and those of team members to meet individual and team goals supporting both internal and external client needs. Continuously develops self for current and future roles. Consistently seeks others' opinions and ideas and listen actively to gain their support when clarifying expectations, agreeing on a solution and checking for satisfaction. Makes Decisions & Solves Problems - Seeks deeper understanding and takes action. Takes ownership of the problem while collaborating with others on a resolution with an appropriate level of urgency. Collaborates and seeks to understand the root causes of problems. Evaluates the implications of new information or events and recommends solutions using decisions that are sound based on what is known at the time. Takes action that is consistent with available facts, constraints and probable consequences. Delights Clients - Continuously seeks and applies knowledge leading to a best-in-class client experience. Passionately serves internal/external clients with excellence. Maintains a growth mindset staying current with developments and trends in areas of expertise influencing client satisfaction both internally and externally. Understands data, metrics and/or financial information, and how they tie to client satisfaction and business outcomes related to position, client and/or team. Nurtures client relationships by listening, prioritizing, and acting responsibly to meet client needs, mitigate risk and add shareholder value. Qualifications and Education Requirements Associate or bachelor's degree preferred but not required. Minimum five years of experience working with commercial lending documentation. High level of knowledge of loan documents, Bank loan policy and Commercial Guidelines & Procedures. Highly organized with a strong attention to detail. Strong analytical and problem resolution skills. Excellent verbal and written communication skills. (for Manager) Experience with or aptitude for managing a team of associates in a high intensity environment with service level expectations. 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, 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!