Talent.com
Commercial Underwriter C&I
Commercial Underwriter C&IOld National Bank • Troy, MI, United States
Commercial Underwriter C&I

Commercial Underwriter C&I

Old National Bank • Troy, MI, United States
job_description.job_card.30_days_ago
serp_jobs.job_preview.job_type
  • serp_jobs.job_card.full_time
job_description.job_card.job_description

Commercial Underwriter C&I

Job Locations

US-IL-Chicago | US-IL-Hickory Hills | US-WI-Madison | US-MI-Troy | US-IN-Indianapolis | US-IN-Evansville | US-IL-McHenry | US-IL-Chicago | US-TN-Nashville | US-WI-Milwaukee | US-IL-Sycamore...

Category / Function

Lending / Commercial / Consumer / Credit

Position Type

Regular Full-Time

Requisition ID

2025-17749

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 bonus. Final compensation will be determined by location, skills, experience, qualifications and the career level at which the position is filled.

We are growing and have opportunities for Commercial Underwriters / Credit Analysts / Portfolio Managers for C&I. This role has the primary responsibility of underwriting lending opportunities, balancing risk and growth ensuring loan structures are appropriate and consistent with bank lending standards. You will assign an appropriate asset quality rating, in a fast-paced, high volume environment completing a detailed financial analysis to obtain a deeper understanding of an application's credit risk. You will collaborate with Relationship Managers, and internal support staff to provide credit expertise to underwrite and monitor the portfolio.

We are an in-office working enviornment with the following locations for you to work with team members; Evansville IN, 8750 W. Bryn Mawr Chicago (near Rosemont and the Cumberland Blue line station), 180 N. LaSalle Chicago, Hickory Hills IL, McHenry IL, Gurnee IL, Sycamore IL, Milwaukee on Capital Drive and 76th, Madison Capital Square, Troy MI, Nashville Gulch TN, and Indianapolis 900 E. 96th at Parkwood.

Key Accountabilities

Underwrite Loans

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 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.

Partner with respective Relationship Managers as well as Treasury Management Partners

  • Provide credit expertise using a consultative approach; 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.
  • 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
  • Monitor Portfolio

  • 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
  • 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 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

    Need help finding the right job?

    We can recommend jobs specifically for you! Click here to get started.

    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.)

    serp_jobs.job_alerts.create_a_job

    Commercial Underwriter • Troy, MI, United States

    Job_description.internal_linking.related_jobs
    Commercial and Small Business Closing Coordinator III

    Commercial and Small Business Closing Coordinator III

    Northwest Bank • Detroit, MI, United States
    serp_jobs.job_card.full_time
    The Commercial and Small Business Closing Coordinator III will be responsible for completing the due diligence for new loans and modifications, as well as facilitating the loan closing process by p...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Remote Freelance Copywriter

    Remote Freelance Copywriter

    Outlier • Detroit, MI, United States
    serp_jobs.filters.remote
    serp_jobs.job_card.full_time
    Earn up to $16 USD / hourly and work remotely and flexibly.Outlier, a platform owned and operated by Scale AI, is looking for. If you're passionate about improving models and excited by the future of ...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Remote Insurance Underwriters - AI Trainer ($50-$80 per hour)

    Remote Insurance Underwriters - AI Trainer ($50-$80 per hour)

    Mercor • Rochester Hills, Michigan, US
    serp_jobs.filters.remote
    serp_jobs.job_card.full_time
    Role Overview • • Mercor is seeking experienced insurance underwriting professionals to collaborate with a technology-driven risk analytics partner. Freelancers will support the development and evalua...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Commercial Account Executive -Eastern Michigan

    Commercial Account Executive -Eastern Michigan

    Michelin North America • Detroit, MI, United States
    serp_jobs.job_card.full_time
    Commercial Account Executive -Eastern Michigan.Build a Career That Matters with One of the World's Most Respected Employers!. We're looking for an experienced.This sales role is key to driving portf...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Financial Advisor - Wealth Management

    Financial Advisor - Wealth Management

    LoVasco • Detroit, MI, United States
    serp_jobs.job_card.full_time
    Financial Advisor - Wealth Management.LoVasco is on a mission to inspire, engage, and empower one million people to build healthier and wealthier lives. Our core focus is to help organizations deliv...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Licensed Marriage and Family Therapist (LMFT)

    Licensed Marriage and Family Therapist (LMFT)

    LifeStance Health • Dryden, MI, US
    serp_jobs.job_card.full_time
    We are actively looking to hire talented Therapists in the area, who are passionate about patient care and committed to clinical excellence. Wanting to deliver high quality behavioral healthcare.Int...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Innovation Cup 2026 - Team Smart Facturing (all genders)

    Innovation Cup 2026 - Team Smart Facturing (all genders)

    Merck KGaA • Detroit, MI, United States
    serp_jobs.job_card.full_time
    Ready to explore, break barriers, and discover more? We know you've got big plans - so do we! Our colleagues across the globe love innovating with science and technology to enrich people's lives wi...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Transportation Litigation Associate Attorney

    Transportation Litigation Associate Attorney

    Wilson Elser Moskowitz Edelman & Dicker LLP • Detroit, MI, United States
    serp_jobs.job_card.full_time
    Founded in 1978, we rank among the top 100 law firms identified by The American Lawyer and 36 in the National Law Journal's survey of the nation's largest law firms. We're also Mansfield Certified P...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Clinical Supply Solutions Commercial Associate

    Clinical Supply Solutions Commercial Associate

    AmerisourceBergen Corporation (Cencora) • Detroit, MI, United States
    serp_jobs.job_card.full_time
    Our team members are at the heart of everything we do.At Cencora, we are united in our responsibility to create healthier futures, and every person here is essential to us being able to deliver on ...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Sr. Life Underwriter

    Sr. Life Underwriter

    Raymond James Financial Services • Troy, MI, United States
    serp_jobs.job_card.full_time
    As a Senior Life Insurance Underwriter, you will play a critical role in facilitating the sale of life insurance by applying sound, cost-effective underwriting principles.You will assess risk and d...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Senior Escrow and Title Coordinator

    Senior Escrow and Title Coordinator

    America Safe Title • Madison Heights, MI, US
    serp_jobs.job_card.full_time
    Senior Title / Escrow Coordinator.Senior Title / Escrow Coordinator.If you’re a detail-driven professional who thrives in a fast-paced environment and has a strong background in title and escrow ...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_1_day • serp_jobs.job_card.promoted
    Remote Underwriter - 100 Percent Commission

    Remote Underwriter - 100 Percent Commission

    New Freedom Financial • Detroit, MI, US
    serp_jobs.filters.remote
    serp_jobs.job_card.full_time
    serp_jobs.filters_job_card.quick_apply
    About New Freedom Financial New Freedom Financial is a family-driven, vision-first agency backed by a major national carrier.We comb...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days
    Litigation Associate Attorney

    Litigation Associate Attorney

    Jobot • Detroit, MI, US
    serp_jobs.job_card.full_time
    This Jobot Job is hosted by : Hunter Dahlstrom.Are you a fit? Easy Apply now by clicking the "Apply Now" button and sending us your resume. Salary : $120,000 - $160,000 per year.We’re a tight-knit lit...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Independent Online Earner - Flexible and Remote

    Independent Online Earner - Flexible and Remote

    Finance Buzz • Dryden, Michigan, US
    serp_jobs.filters.remote
    serp_jobs.job_card.temporary
    We’re seeking proactive and independent individuals interested in learning how to earn money online.This opportunity is ideal for those who want a self-directed, flexible way to build extra income....serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Home Health Physical Therapist - $41-58 per hour

    Home Health Physical Therapist - $41-58 per hour

    Elara Caring • Imlay City, MI, United States
    serp_jobs.job_card.full_time
    Elara Caring is seeking a Home Health Physical Therapist for a job in Imlay City, Michigan.Job Description & Requirements. At Elara Caring, we have a unique opportunity to play a huge role in the gr...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Senior Auditor / Consultant

    Senior Auditor / Consultant

    General Motors • Detroit, MI, United States
    serp_jobs.job_card.full_time
    The Senior Auditor / Consultant participates on process and operational audit assignments and supports Audit Management in the planning and execution of operational audits in line with the vision and...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Senior Manager, Revenue Accounting

    Senior Manager, Revenue Accounting

    Relativity • Detroit, MI, United States
    serp_jobs.job_card.full_time
    Relativity is looking for a Senior Manager, Revenue Accounting to manage and support revenue accounting functions including revenue recognition, contract review, revenue-related processes and contr...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Sr Director Rebate Invoice and Audit - Synergie Medication Collective

    Sr Director Rebate Invoice and Audit - Synergie Medication Collective

    Blue Cross Blue Shield Association • Detroit, MI, United States
    serp_jobs.job_card.full_time
    The hiring range for this role is : .This is the lowest to highest salary we.A candidate's position within the.Note : No amount of pay is considered to be wages or compensation until such amount is ea...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted