Credit Policy Specialist, Sr

Old National Bank•Nashville, TN

2d•Onsite

About The Position

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.

Requirements

Bachelor’s degree or equivalent work experience and 8 years relatable credit experience.
Ability to interact constructively and effectively with all constituencies and work collaboratively toward a common goal.
Communicate effectively with clients and groups of employees in order to build and maintain positive relationships and engage in active listening.
Ability to apply independent decision making and common sense understanding to carry out concrete procedures and instructions furnished in written and oral form.
Ability to effectively communicate both orally and in writing with internal and external customers
Ability to present a professional image and demeanor to internal and external customers
Interact constructively and effectively with all constituencies and work collaboratively toward a common goal
Communicate effectively with clients and groups of employees in order to build and maintain positive relationships
Ability to effectively present information and response to questions from groups of employees, managers, and/or customers
Multi-task and maintain an optimistic outlook in a fast-paced work environment
Accept and implement changes with processes, people, and circumstances exhibiting a positive approach to each situation
Provide exceptional service to all customers and personalize interactions
Interpret and carry out objectives furnished in written or oral form and a demonstrated commitment to act within industry standards
Read and interpret safety rules, operating and maintenance instructions, and procedure guidelines and manuals
Operate standard office equipment

Nice To Haves

Preferred experience with Commercial and Specialty Lending Policies (Asset Based Lending, Capital Markets, Syndications, Franchise, Sponsor Finance, Healthcare, Financial Institutions, CRE, C&I and AG)
Worked with policy frameworks at $50B + institutions

Responsibilities

Senior credit policy and governance role responsible for coordinating with business line on development, management and communication of policies, guidelines, and processes, along with the tools supporting underwriting and delivery of credit.
Responsibilities will be scoped based on the Credit Policy and Regulatory Oversight Teams objectives of aligning, governing, interpreting and training on policy, guidelines and regulatory requirements in accordance with overall bank strategies and risk appetite.
Oversight responsibilities will include a broad focus on Credit Manual governance and oversight activities.
Specific oversight responsibilities may also be focused as the lead credit policy specialist for development and maintenance of specific areas of lending focus.
Specifically, work with commercial lines of business credit officers and production staff to identify develop and implement credit policies guidelines and procedures; assist with oversight and coordination of development and delivery of credit training.
Responsible for monitoring adherence to established policies and guidelines, compliance with regulations, and consulting regarding credit issues.
Draft policies, guidelines, and procedures for discussion, in coordination within the business line collaborating with both Credit and Sales.
Recommend policy, guideline, and procedure changes to the Credit Policy Director and the Credit Policy Committee.
Manage process for obtaining approval.
Ensure Credit Manual remains updated to meet the needs of various business segments and regulatory environment.
Collaborate and coordinate with business line to ensure effective interaction with all enterprise departments impacting credit.
Provides advisory input on complex credit structures and policy interpretation.
Identify, prioritize, and coordinate needs for credit products, services, and support.
Act as a SME business owner on projects as needed.
Assist in exception framework enablement and ongoing monitoring of exceptions to policy and guidelines.
Leverage portfolio trends, exception data, and risk metrics to inform policy design, thresholds, and guardrails, in coordination with leadership.
Communicate changes to policies, guidelines, and procedures in the field.
Provide training, as needed.
Oversee implementation of changes.
Consult with key stakeholders on interpretation and implementation of policies, guidelines, and procedures.
Assist in the organize and inventory of credit manual sections to advance governance, documentation standards and ease of use and clarity.
Assist with the coordination of responses and remediation related to policy-related exam findings, MRA/MRIA actions, and internal audit issues.
Document the credit manual change process including clearly defining change management cadence and timelines and communicate process changes with all key constituents.
Tracks approval and effective dates and ensures timely policy reviews are completed.
Consult with and provide analytical support to bankers, analysts, Credit Policy Director and Chief Credit Officer on credit issues and questions.
Use analytics to build out credit policies and guidelines for our lending business that support business objectives.
Develop, implement and train new credit policies and guidelines.
Manage and enhance the documentation and change management processes for all Credit Manual changes as assigned by Credit Policy Director.
Solicit feedback from key stakeholders on improvements to the Credit Manual.
Policy and Guideline Reviews are completed timely.
Examiner feedback with no policy related criticisms.
Reduction in policy exceptions driven by clarity.
Stakeholder satisfaction with the useability of the Credit Manual.