Senior ABL Commercial Underwriter

Old National Bank; Grand Rapids (MI); On-site; USD 83,000 - 178,000; Full time

Job summary

Old National Bank seeks a Commercial Underwriter for Asset-Based Lending (ABL) to evaluate lending opportunities, balance risk and growth, and ensure loan structures align with bank standards. You will assign asset quality ratings, perform detailed financial analyses, and collaborate with Relationship Managers and Treasury Management Partners to support underwriting and portfolio monitoring.

This on-site role offers competitive compensation aligned with experience and location.

Qualifications

• Progressive Asset Based Finance experience in a bank or finance company.
• Excellent analytical skills to analyze historical and projected financial statements.
• Ability to comply with lending policies and make sound independent decisions.
• Bachelor's degree in finance or accounting; Field Exam experience is a plus.

Responsibilities

• Underwrite complex ABL loans focusing on collateral types, cash flow, and risk.
• Collaborate with Relationship Managers to structure loans and provide credit guidance per policy.
• Monitor the credit portfolio and assign asset quality ratings while ensuring timely compliance and reporting.

Skills

Analytical skills

Credit analysis

Financial modelling

Education

Bachelor's degree in finance or accounting

Tools

Excel

Financial projection modelling

Job description

Old National Bank seeks a Commercial Underwriter for Asset-Based Lending (ABL) to evaluate lending opportunities, balance risk and growth, and ensure loan structures align with bank standards. You will assign asset quality ratings, perform detailed financial analyses, and collaborate with Relationship Managers and Treasury Management Partners to support underwriting and portfolio monitoring.

This on-site role offers competitive compensation aligned with experience and location.