Environmental Risk & Due Diligence Specialist

Old National Bank; Gurnee (IL); On-site; USD 60,000 - 121,000; Full time

Job summary

Old National Bank is seeking an Environmental Risk Specialist to support its environmental risk management program within commercial lending. You will review Phase I and Phase II assessments, assess collateral-related environmental exposure, and ensure compliance with policy and regulatory expectations.

You will partner with underwriting, portfolio, legal, and external consultants to identify risks, document decisions, and propose risk mitigations.

Qualifications

• Bachelor's degree in environmental science or related field required
• Advanced degree in environmental, engineering, or business discipline preferred
• 3–7+ years of relevant experience in environmental risk management or due diligence
• Experience reviewing Phase I and Phase II environmental reports required

Responsibilities

• Environmental Due Diligence Review: Phase I/II ESAs, records review, and regulatory reports.
• Credit and Risk Advisory Support: guide underwriting and portfolio teams on environmental risk.
• Reporting and Documentation: prepare risk summaries and document decisions in files.
• Policy, Governance, and Program Support: develop screening criteria and standard procedures.
• Vendor and Consultant Coordination: manage reviews with environmental consultants.
• Training and Cross-Functional Collaboration: provide guidance on environmental screening and escalation protocols.

Skills

Environmental risk assessment

Phase I ESA review

Phase II ESA review

Credit underwriting support

Regulatory compliance

Education

Bachelor's degree in environmental science

Advanced degree preferred

Tools

Microsoft Office

Environmental tracking systems

Job description

Old National Bank is seeking an Environmental Risk Specialist to support its environmental risk management program within commercial lending. You will review Phase I and Phase II assessments, assess collateral-related environmental exposure, and ensure compliance with policy and regulatory expectations.

You will partner with underwriting, portfolio, legal, and external consultants to identify risks, document decisions, and propose risk mitigations.