Underwriter, Commercial Banking

CRE Underwriter

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.

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.

We are a growing, relationship-focused financial institution providing a full range of commercial, treasury management, capital markets, equipment leasing, wealth management, trust and private banking products and services.

The salary range for this position is $60,000 - $121,300 per year plus bonus. A CRE Underwriter role has the primary responsibility of financial analysis and underwriting Commercial Real Estate lending opportunities, balancing risk and growth ensuring loan structures are appropriate and consistent with bank lending standards. You are expected to provide clear, concise, and accurate financial analysis and risk assessment for new and existing clients. Effectively interact and build collaborative relationships with commercial relationship managers, credit officers, administrative assistants, loan operations colleagues, appraisers, and examiners.

We are an in-office working environment with the following locations for you to work with team members; Demonstrate at least 3-5 years progressive experience within CRE underwriting, commercial real estate appraisal or credit analyst is required with each incremental level of responsibility.

Demonstrated skills in areas such as rent rolls, leases, cash flow, market analysis, and guarantor analysis for commercial real estate loans.

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 and conform to ONB lending policies, guidelines and standards

Bachelor's degree in finance, accounting or equivalent experience

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 are agile. We are Old National Bank.