BBCC Underwriter

Old National Bank; Chicago (IL); On-site; USD 51,000 - 102,000; Full time

Job summary

Old National Bank is seeking a BBCC Underwriter to analyze business banking loan applications and ensure appropriate loan structures. The role requires strong analytical skills and collaboration in a dynamic working environment. With a commitment to social responsibility and an inclusive workplace, this position offers competitive compensation and benefits.

Benefits

Medical, dental, and vision insurance

401K

Continuing education opportunities

Employee assistance program

Qualifications

• 3 years commercial underwriting experience required.
• Ability to analyze business financial statements.
• Basic knowledge of loan structuring and lending regulations.

Responsibilities

• Analyze business banking loan applications.
• Ensure appropriate loan structures consistent with bank standards.
• Collaborate with Business Bankers and internal support staff.

Skills

Analytical skills

Decision making

Problem solving

Attention to detail

Collaboration

Education

Bachelor’s degree in finance, accounting or related field

Job description

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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.

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

Salary Range

The salary range for this position is $51,700 - $101,500 per year. Final compensation will be determined by location, skills, experience, qualifications and the career level at which the position is filled.

Old National is seeking a Business Banking Credit Center Underwriter whose primarily role is to analyze business banking level loan applications, ensure loan structures are appropriate and consistent with bank lending standards, assign an appropriate asset quality rating, and decision applications within assigned lending authority. To maximize efficiency these positions will leverage a small business scoring model to aid in the evaluation of loan requests. In some instances, the underwriter will complete a more detailed financial analysis to obtain a deeper understanding of an application’s credit risk. A BBCC underwriter will collaborate with Business Bankers, internal support staff, and documentation associates to aid in the end-to-end journey of a business banking loan as needed.

We are an in-office working enviornment. For this role we are considering the following locations; Evansville IN, Chicago at 8750 W. Bryn Mawr (near Rosemont and the Cumberland Blue Line station), Hickory Hills IL, Lake Elmo / St. Paul MN, and St. Louis Park MN.

Qualifications And Education Requirements

• Bachelor’s degree in finance, accounting or related field OR equivalent experience.
• Minimum of 3 years commercial underwriting experience.
• Agricultural underwriting experience is a plus.
• Ability to analyze and interpret business financial statements and understand basic accounting principles.
• Understand risks associated with lending to various types of industries.
• Basic knowledge of loan structuring, borrowing causes and lending regulations.
• Must be able to make sound independent decisions and communicate those decisions clearly and effectively
• Must be able to actively listen, quickly identify issues as well as opportunities when they arise, and problem solve.
• Must feel comfortable working in a collaborative team environment along with being an independent thinker.
  
  

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.

As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.

Our culture is firmly rooted in our core values.

We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.

We are Old National Bank. Join our team!

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Banking

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