Regional Credit & Underwriting Leader

Busey Bank; Oakbrook Terrace (IL); On-site; USD 160,000 - 190,000; Full time

Benefits offered by this job

401(k) match

Profit sharing

Employee stock purchase plan

Paid time off

Medical, dental, vision insurance

Job summary

Busey Bank is seeking a Regional Credit Officer to oversee commercial underwriting and portfolio management for designated markets in Illinois. You will lead a team of Commercial Credit Officers, Underwriters, and Analysts, ensure timely underwriting, and manage credit risk across mid-market loan relationships.

You will apply expert knowledge of C&I lending, review loan grades for policy compliance, and collaborate with Relationship Managers to structure opportunities.

Qualifications

• Excellent oral and written communication skills.
• Strong interpersonal, organizational, analytical, presentation, and critical thinking skills.
• Comprehensive knowledge of the overall departmental function, including expert knowledge in Busey’s Commercial/Credit line of business.
• Bachelor’s degree in Business or Finance.
• 10+ years of Commercial Credit experience with prior single signature approval authority.
• 5+ years in progressive management/leadership role.
• 5+ years of prior experience with middle market-sized businesses with loan relationships of $10-$100 million.
• Proficient knowledge of Microsoft Office.

Responsibilities

• Lead and manage a team of Commercial Credit Officers, Underwriters and Analysts, including hiring, training, and ongoing development.
• Ensure timely underwriting through regular communication with the team and regional leadership.
• Use cash flow, liquidity, profitability and leverage data to assess and minimize credit risk.
• Review loan grades to align with policy definitions and regulatory expectations.
• Assist with portfolio management duties including covenant reviews and periodic reports.
• Assist Relationship Managers with structuring loan opportunities and covenant structures.
• Maintain knowledge of the Commercial Banking Loan Policy and related tools.
• Support sales by accompanying Relationship Managers on calls.
• Approve loans within defined authority; escalate beyond limits as needed.
• Participate in pipeline meetings to identify opportunities and renewals.
• Communicate with Senior RCO and leadership on personnel, pipeline, and credit issues.
• Serve as Subject Matter Expert on C&I borrowers for Northern Illinois region.

Skills

Oral and written communication

Interpersonal skills

Analytical skills

Presentation skills

Critical thinking

Financial analysis

Leadership

Education

Bachelor’s degree in Business or Finance

10+ years Commercial Credit experience

5+ years leadership/management experience

5+ years experience with mid-market loan relationships $10–$100M

Tools

Microsoft Office

Job description

Busey Bank is seeking a Regional Credit Officer to oversee commercial underwriting and portfolio management for designated markets in Illinois. You will lead a team of Commercial Credit Officers, Underwriters, and Analysts, ensure timely underwriting, and manage credit risk across mid-market loan relationships.

You will apply expert knowledge of C&I lending, review loan grades for policy compliance, and collaborate with Relationship Managers to structure opportunities.