Environmental Risk & Due Diligence Specialist

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

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401K

Job summary

Old National Bank seeks an Environmental Risk Specialist to support its environmental risk management program. You will assess Phase I/II environmental assessments, coordinate with underwriting, and guide risk-aware decisions for commercial credit transactions.

The role emphasizes collaboration with Legal, Appraisal, and Portfolio teams, ensuring compliance and proactive risk mitigation across lending activities.

Qualifications

• Bachelor's degree in environmental science, engineering, geology, or related field is required.
• 3–7+ years in environmental risk management or related banking/real estate due diligence preferred.
• Experience with Phase I/II ESAs and regulatory due diligence required.

Responsibilities

• Conduct and oversee environmental due diligence for commercial credit transactions.
• Assess collateral-related environmental risk and impact on borrower repayment capacity.
• Prepare risk summaries and recommendations for files and committees.
• Coordinate with underwriting, portfolio teams, and external consultants.
• Support policy, governance, and training related to environmental risk management.

Skills

Environmental risk

Due diligence

Credit risk

Regulatory compliance

Risk assessment

Education

Bachelor's degree in Environmental Science or related field

Advanced degree preferred

Tools

Microsoft Office

Environmental reporting systems

Job description

Old National Bank seeks an Environmental Risk Specialist to support its environmental risk management program. You will assess Phase I/II environmental assessments, coordinate with underwriting, and guide risk-aware decisions for commercial credit transactions.

The role emphasizes collaboration with Legal, Appraisal, and Portfolio teams, ensuring compliance and proactive risk mitigation across lending activities.