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Commercial Deposit Specialist

Old National Bank
United Statesfull_timeVerifiedPosted 3 Sept 2025
💰 $55,000/yr($34,000/yr$55,000/yr)

About the role

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 Commercial Deposit Specialist that is responsible for inputting, processing and fulfilling deposit-related accounts, ensuring accuracy and compliance with financial regulations.  Handles end-to-end processing for account opening and maintenance for all commercial accounts while engaging other internal business partners as needed

 

Salary Range

The salary range for this position is $17.00/Hr. - $27.50/Hr.. Final compensation will be determined by location, skills, experience, qualifications and the career level at which the position is filled.

 

Key Accountabilities

Deposit Fulfillment Process:

  • Serve as primary partner for all commercial deposit accounts – account opening, maintenance etc.
  • Coordinate with operations functions to establish quality standards for delivery of deposit(s) accounts
  • Manage the workflow/process to achieve an efficient and productive result
  • Verify accuracy and validity of business account titling on all new and revised business accounts, banking resolutions and verify receipt of all legal documentation required
  • Verify accuracy and validity of all new and revised deposit accounts; verify receipt of all legal documentation required
  • Create and maintain new and existing clients in core system
  • Prepare complete packages for new/revised deposit accounts and work with internal clients to execute documents
  • Open new/revised accounts within the core system according to all banking regulations
  • Understand and adhere to all Bank, LOB, Compliance and Marketing standards, policies, and procedures especially deposit related 

Key Competencies for Position

Compelling Communication – Openly and effectively communicates with others.  

  • Effectively and transparently shares information and ideas with others.
  • Tailors the delivery of communication in a way that engages the audience and that is easy to understand and retain.
  • Unites others towards common goal.
  • Asks for others' opinions and ideas and listens actively to gain their support when clarifying expectations, agreeing on a solution and checking for satisfaction. 

Makes Decisions & Solves Problems – Seeks deeper understanding and takes action.  

  • Takes ownership of the problem while collaborating with others on a resolution with an appropriate level of urgency.
  • Collaborates and seeks to understand the root causes of problems.
  • Evaluates the implications of new information or events and recommends solutions using decisions that are sound based on what is known at the time.
  • Takes action that is consistent with available facts, constraints and probable consequences. 

Delights Clients – Continuously seeks and applies knowledge leading to a best-in-class client experience.  

  • Passionately serves internal/external clients with excellence.
  • Maintains a growth mindset staying current with developments and trends in areas of expertise influencing client satisfaction both internally and externally.
  • Understands data, metrics and/or financial information, and how they tie to client satisfaction and business outcomes related to position, client and/or team.
  • Nurtures client relationships by listening, prioritizing, and acting responsibly to meet client needs, mitigate risk and add shareholder value.

Qualifications and Education Requirements

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Company

Old National Bank

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