Business Banking Port Bnkr

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

We are currently seeking a Part-time Business Banking Portfolio Banker that spends much of their time working with assigned Business Banking Relationship Managers (RM)/Business Banking Director to determine whether a new loan request fits the credit culture of the bank. As part of this, the Portfolio Banker will communicate directly with the bank’s credit group, including preparing pre-flights and presenting pre-flights to the bank’s credit leadership for discussion and approval. If the bank decides it would like to pursue these opportunities, the Portfolio Banker will directly communicate with customers and prospects to win the business and will also work alongside the Business Banking team and external legal counsel to document and close the loan(s). The Portfolio Banker will also assist the Business Banking team to manage a sizeable loan and deposit portfolio. This will include handling renewals and reviews of existing credits and analyzing credit/financial information associated with those relationships.

 

Hours:  Approximately 20 hours per week

 

Key Accountabilities

Pre-Underwriting/Approval/Loan Closing

• Initially analyze potential loan opportunities to determine whether the bank should pursue them.
• Work closely with the Business Banking Relationship Mangers/team and the bank’s credit department to prepare a loan structure that works for the bank.
• Draft pre-flights for formal discussion in committee.
• Verbally present pre-flights and credit presentations for discussion and approval, which could include credit committee.
• Work closely with the bank’s Treasury group and Capital Markets team to price loans that achieve the bank’s desired profitability hurdles.
• Review due diligence packages in detail to ensure there are no issues.
• Prepare term sheets that are structured appropriately based on the feedback from the bank’s credit partners.
• Work closely with the bank’s centralized functions for Real Estate Due Diligence, that include the bank’s appraisal group and environmental review team.
• Collaborate with the bank’s Commercial Banking Unit (“CBU”) / Loan Operations / Loan Documentation teams for internally documenting loans (LaserPro) and for ongoing servicing of loans.
• Work with the bank’s approved external legal counsel to document loans in accordance with the approval.
• Work with all parties to appropriately close loans. Including, but not limited to, the Borrower, Borrower’s legal counsel, Title company, bank’s legal external counsel, bank’s loan operations, commercial banking associates, etc.

Portfolio Management

• Communicate directly with customers to be sure that financials are current, which shall include using the bank’s tickler system and working alongside CRDTOPS.
• Work with the bank’s credit group to help complete annual reviews and answer questions in the annual review process.
• Obtain the appropriate credit approval as required for renewals, covenant violations, etc.
• Manages the renewal process for maturing loans and other credit commitments, including covenant monitoring.
• Understands and follows Loan Policy with no material undocumented and unapproved exceptions to help ensure compliance and audit rating of satisfactory or better.
• Helps to manage the Deposit Portfolio, which might include that any overdrafts are properly handled and approval received as required.
• Completes Problem Loan Reports as needed.
• Effectively cross sells various services to customers including personal banking, private ban