Commercial Line Underwriter (Full time)

Commercial Underwriter - CRE
Lending/Commercial/Consumer/Credit
Regular Full-Time
On Site
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; 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)
Produce a 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.
assist in structuring loans 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.
Accurately assign asset quality ratings (AQR)
Work with assigned Relationship Managers to monitor the credit portfolio to maintain strong asset quality; review trend analysis reports, address default situations, delinquencies, review maturing notes, receipt of financial information, review covenant default and Borrowing Base Certificate (BBC) reports and other reports as appropriate.
Prepare credit data in Special Assets Assessment and Action Summary (SAAAS) and Upgrade Hurdles, as necessary, working with assigned Relationship Managers
Commercial Underwriters may monitor overlines and Treasury Management/ACH risk reports or other trends, as appropriate
consistently achieves performance targets.
lines of business, subject matter experts, data, policies, procedures, etc.) 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); accepts new challenges/shifts/change in a "can-do" way; applies credit and banking expertise, industry knowledge, skills and abilities to demonstrate and sustain a depth and breadth of applicable technical underwriting knowledge
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

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
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 are agile. We are Old National Bank.