Hybrid Commercial Underwriter II — Complex Credits & Growth

Old Second National Bank; Downers Grove (IL); Hybrid; USD 62,000 - 83,000; Full time

Job summary

Old Second National Bank is seeking a Commercial Underwriter II in a hybrid role. You will analyze customer financial information, spread data, and assign risk ratings while supporting loan officers with renewals and portfolio management.

The position emphasizes underwriters capable of handling growing credits, collaborating with lenders, and following banking policies and regulatory requirements. Base pay ranges from $62,000 to $83,000 with benefits.

Qualifications

• Bachelor's degree in Accounting, Finance, Business or related area of study and two or more years of related experience.
• Experience with financial spreads and covenant testing.
• Ability to work in a fast-paced banking environment.

Responsibilities

• Accurately completes and reviews financial spreads and covenant testing.
• Performs basic underwriting, producing analytical packages with risks, trends and industry information.
• Collaborates with Relationship Managers for annual reviews with senior management.
• Serves as resource on bank policies and lending regulations.
• Analyzes and assigns loan ratings to credits in portfolio.
• Prepares monthly exception reports and reviews collateral due diligence.
• Partners with Commercial Lenders on joint calls to develop credit and sales skills.

Skills

MS Office

Balance sheet analysis

Banking knowledge

Communication skills

Analytical thinking

Time management

Education

Bachelor's degree in Accounting, Finance, or Business

Job description

Old Second National Bank is seeking a Commercial Underwriter II in a hybrid role. You will analyze customer financial information, spread data, and assign risk ratings while supporting loan officers with renewals and portfolio management.

The position emphasizes underwriters capable of handling growing credits, collaborating with lenders, and following banking policies and regulatory requirements. Base pay ranges from $62,000 to $83,000 with benefits.