Senior CRE Underwriter — Portfolio Risk & Growth

Old National Bank; Indianapolis (IN); On-site; USD 61,000 - 124,000; Full time

Job summary

Old National Bank seeks a CRE Underwriter to manage ongoing credit quality for a portfolio of commercial relationships. The role coordinates review workflows, risk management, and analyst actions within delegated authority to maintain portfolio health.

Responsibilities include monitoring borrower performance, covenant compliance, and financial analysis while working with Relationship Managers to support client growth and compliance with bank policy.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business, or a related field.
• 5+ years of commercial credit, underwriting, portfolio management, or lending experience.
• Strong financial statement analysis and credit risk evaluation skills.
• Working knowledge of commercial lending structures, documentation, and regulatory expectations.
• Ability to make sound risk-based decisions and exercise independent credit judgment.
• Strong organizational, communication, and relationship management skills.
• Ability to manage multiple priorities and deadlines within a dynamic environment.

Responsibilities

• Review and evaluate analyst-prepared financial analyses, annual reviews, covenant compliance assessments, and credit recommendations.
• Exercise independent credit judgment when approving risk ratings, annual reviews, portfolio management actions, and other credit decisions within authority limits.
• Escalate higher-risk transactions, policy exceptions, and complex credit matters as appropriate.
• Identify developing credit concerns and recommend corrective actions, risk mitigation strategies, or escalation when warranted.
• Maintain a thorough understanding of borrowers' financial performance, industry conditions, and evolving risk profiles.
• Perform ongoing monitoring of assigned relationships to identify emerging credit risks and changes in borrower performance.
• Monitor financial reporting requirements, covenant compliance, borrowing base reporting, collateral performance, and other ongoing credit obligations.
• Proactively manage exceptions, past-due reviews, documentation deficiencies, and other portfolio management requirements.
• Monitor portfolio trends and risk migration to ensure appropriate risk identification and reporting.
• Prepare Special Asset Reports (SARs) on a quarterly basis.
• Monitor payment delinquency within the portfolio.
• Serve as the primary point of contact between analyst resources and internal stakeholders.
• Assign, prioritize, and oversee analyst workflow to ensure timely completion of portfolio management activities.
• Review analyst work product for accuracy, completeness, consistency, and adherence to bank standards.
• Provide coaching and guidance related to financial analysis, credit risk assessment, and portfolio management expectations.
• Facilitate effective communication among analysts, Relationship Managers, and Credit Officers to ensure alignment and timely resolution of issues.
• Partner with Relationship Managers to support client retention, growth initiatives, and ongoing relationship management activities.
• Provide guidance regarding credit policy, risk management practices, and portfolio administration.
• Collaborate with Credit Administration, Loan Operations, and other internal partners to ensure efficient portfolio management and issue resolution.
• Serve as a trusted resource on assigned relationships and portfolio-related matters.
• Ensure portfolio activities comply with bank policies, regulatory requirements, and established credit standards.
• Support internal audits, loan reviews, and regulatory examinations.
• Prepare and review portfolio reporting, risk assessments, and other management information as required.
• Contribute to process improvements designed to enhance portfolio quality, risk management effectiveness, and operational efficiency.

Skills

Credit risk

Financial analysis

Lending knowledge

Portfolio management

Decision making

Communication

Education

Bachelor's degree in Finance, Accounting, Economics, Business, or related field

Job description

Old National Bank seeks a CRE Underwriter to manage ongoing credit quality for a portfolio of commercial relationships. The role coordinates review workflows, risk management, and analyst actions within delegated authority to maintain portfolio health.

Responsibilities include monitoring borrower performance, covenant compliance, and financial analysis while working with Relationship Managers to support client growth and compliance with bank policy.