Senior Credit Officer

Old National Bank • Nashville, TN

5d • 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. We are currently seeking a Senior Credit Officer that will be responsible for the daily activities of the Commercial Underwriters, maintaining an efficient workflow while promoting a collaborative experience between their direct reports, Relationship Managers, segment leadership, and other internal support areas. Within the Business Banking Credit Center (BBCC), the Senior Credit Officer oversees the underwriting of loan requests with aggregate exposures below $1 million. This individual will manage all activities of the BBCC UWs, which will include oversight of all analyst tasks and functions necessary to analyze, decision, and manage credit relationships in the Commercial portfolio, along with credit risk administration duties, orderly flow of credit approvals through the analysis process and productivity for all direct reports. Responsible to maintain loss ratios, accurately assess risk and assign the appropriate risk rating in an efficient manner following established underwriting guidelines and procedures. This position requires strong communication, leadership and critical thinking skills, thorough knowledge of industry and bank underwriting standards, and the confidence to make and support loan decisions We are an in-office working environment. This position can be located in one of the offices within our footprint.

Requirements

• Bachelor’s degree in Finance, Accounting, or related area or equivalent experience
• 10 or more years of experience as a Commercial Underwriter/Analyst or related positions
• Ability to analyze and interpret financial statements and understand complex accounting principles
• Thorough knowledge of risks associated with all types of industries
• Thorough knowledge of loan structuring, borrowing causes and lending standards to ensure loan applications are evaluated efficiently, effectively, and in accordance with regulations
• Must possess (or willing to possess in short order) a deep understanding of ONB’s Credit culture, loan policies, and loan guidelines and procedures with ability to property mitigate exceptions when granted.
• Demonstrated proficiency and attention to analysis utilizing qualitative and quantitative detail

Nice To Haves

• Previous management or leadership experience preferred

Responsibilities

• Ensure credit quality targets for the loan portfolio are met
• Ensure analyses of underwriters are appropriate and asset quality ratings are accurate
• Engage with Credit Strategy to leverage portfolio data and industry/market trends to provide administrative oversight of the Commercial loan portfolio
• Ensure compliance with established corporate standards for Commercial portfolio
• Understand the state of the loan portfolio, identifying areas of potential concern and growth opportunities
• Coach, develop and maintain a competent team of credit professionals
• Develop Underwriters through appropriate training to ensure analysis on credit approval memorandums is accurate, factually correct and meets bank requirements to make fully informed credit decisions
• Assist with evaluating, analyzing, and decisioning eligible loan applications while exercising granted loan authority in a responsible manner
• Lead and coach a team of credit professionals and successfully motivate direct reports to perform at a high level and achieve their own performance and career objectives
• Maintain and grow analytical skills and industry knowledge through internal and external training and development opportunities
• Maintain an environment that is collaborative, controlled, monitored, and efficient
• Collaborate with staff and production peers while executing the Bank’s Commercial Strategy
• Empower team to engage with Commercial Relationship Managers, CBU Agents, and Documentation Specialists as applications progress through internal commercial lending processes and deploy problem solving and critical thinking skills as needed.
• Complete special projects at the direction of the Bank’s credit administrators, which may include action and responses to OCC exams, internal audits, and loan review reports.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees