Senior Credit Officer

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

The Senior Credit Officer is a senior-level credit professional responsible for maintaining a high-quality commercial loan portfolio.  As an expert in credit, this individual will assess, structure, and approve complex credit transactions while ensuring adherence to the bank’s risk policies and regulatory standards.  The Senior Credit officer will be responsible for maintaining an efficient workflow while promoting a collaborative experience between the segment underwriters. Relationship Managers, segment leadership, and other internal support areas. This individual will provide guidance and recommendations throughout  all activities of the underwriting process, 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 and orderly flow of credit approvals through the analysis process. 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

 

Key Accountabilities

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

Maintain an environment that is collaborative, controlled, monitored, and efficient

• Contribute to the growth and development of the Commercial Underwriters through continual feedback and guidance to ensure analysis on credit approval memorandum is accurate, factually correct and meets bank requirements to make fully informed credit decisions.
• Collaborate with production peers while executing the Bank’s Commercial Strateg
•  Empower underwriters 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.

Key Competencies for Position

Makes Decisions & Solves Problems - Proactively sources and analyzes comprehensive data to define and solve complex business problems that leads to sound decisions

• Proactively analyzes and owns qualitative and quantitative data to define business areas problems and opportunities through effective collaboration
• Collaborates to compile information needed to create a sound approach by leveraging internal and external resources
• Considers business area, organizational, and individual realities along with impact on the business before developing solutions and makes sound business decisions based on a blend of analysis, wisdom, experience and judgment
• Creates plan to meet goals and objectives within business areas diminishing gaps and evaluating progress along the way allowing for adjus