Commercial Underwriter CRE

Commercial Underwriter CRE

Job Locations

US-IN-Indianapolis | US-IL-Chicago | US-IL-Gurnee | US-WI-Madison | US-IL-Hickory Hills | US-MN-Lake Elmo | US-MI-Troy | US-IN-Evansville | US-IL-Sycamore | US-MN-Minneapolis | US-IL-Chicago | ...

Category / Function

Lending / Commercial / Consumer / Credit

Position Type

Regular Full-Time

Requisition ID

2025-17750

Workplace Type

On Site

Salary Min

USD $81,700.00 / Yr.

Salary Max

USD $165,100.00 / Yr.

Overview

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Responsibilities

Salary Range

The salary range for this position is $60,000 - $165,100 per year. Final compensation will be determined by location, skills, experience, qualifications and the level of career at which the position is filled.

We are growing and currently have opportunities for Commercial Underwriters for CRE. This role has the primary responsibility of underwriting lending opportunities, balancing risk and growth ensuring loan structures are appropriate and consistent with bank lending standards.

We are an in-office working environment with the following locations for you to work with team members; Evansville IN, 8750 W. Bryn Mawr Chicago (near Rosemont and the Cumberland Blue line station), 180 N. LaSalle Chicago, Hickory Hills IL, Gurnee IL, McHenry IL, Sycamore IL, Milwaukee, Madison, Capella Tower 6th St. Mnpls, Lake Elmo St Paul, Troy MI, and Indianapolis 900 E. 96th at Parkwood.

We are a relationship-focused providing a full range of commercial, treasury management, capital markets, wealth management, trust and private banking products and services.

POSITION SUMMARY :

You will be responsible for performing financial analysis and underwriting for Commercial Real Estate loan transactions. You are expected to provide clear, concise, and accurate financial analysis and risk assessment for new and existing clients. Effectively interact and build collaborative relationships with commercial relationship managers, credit officers, administrative assistants, loan operations colleagues, appraisers, and examiners.

You will assign an appropriate asset quality rating, in a fast-paced, high-volume environment completing a detailed financial analysis to obtain a deeper understanding of an application's credit risk. You will collaborate with Relationship Managers, and internal support staff to provide credit expertise to underwrite and monitor the portfolio.

REQUIRED EDUCATION, EXPERIENCE AND SKILLS :

3-7 years of Commercial real estate credit, commercial real estate appraisal or credit analysis experience required with expertise appropriate for the job level.

Demonstrated skills in areas such as rent rolls, leases, cash flow, market analysis, and guarantor analysis for commercial real estate loans.

Proficient with financial spreading software

Strong analytical, organizational skills along with the ability to prioritize multiple projects.

• Pleasant interpersonal skills and effective communication skills, both written and verbal.
• Occasional travel to other offices or client locations.
• Ability to clearly communicate risk criteria, respond objectively and with confidence when challenged and involve the CRE Manager as appropriate.
• Bachelor's degree in business with a major in finance or accounting.

T his position may be filled at a different level depending on the candidate's qualifications and relevant experience. Factors may include but are not limited to previous experience, depth and breadth of previous or current institution size.

DUTIES / RESPONSIBILITIES :

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.

As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, to fill a specific position.

Our culture is firmly rooted in our core values.

We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.

We are Old National Bank.

Join our team!

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If you're qualified for a position but need additional help with the application because of a disability, please email HRservices@oldnational.com (This email will respond to accommodation requests only.)