Business Banking Credit Center; BBCC Underwriter

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, medical, dental, and vision insurance, 401K, continuing education opportunities, and an employee assistance program.

A Business Banking Credit Center (BBCC) Underwriter's primary role is to analyze business banking level loan applications, ensure loan structures are appropriate and consistent with bank lending standards, assign an appropriate asset quality rating, and decide applications with assigned lending authority. To maximize efficiency these positions will leverage a small business scoring model to aid in the evaluation of loan requests.

In some instances, the underwriter will complete more detailed financial analysis to obtain a deeper understanding of an application’s credit risk. A BBCC underwriter will collaborate with Business Bankers, internal support staff, and documentation associates to aid in the end-to-end journey of a business banking loan as needed. Office locations can be Evansville IN, Chicago area offices, Minneapolis / St Paul area offices, and Indianapolis IN.

The salary range for this position is $60,000.00/Yr.

- $/Yr. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate’s relevant skills and professional experience, educational qualifications, and geographic location.

• Evaluate, underwrite and decide applications efficiently
• Meet or exceed set application production requirements
• Identify high risk applications and mitigate those risks appropriately
• Exercise granted authority confidently and with integrity
• Produce a high quality and accurate analysis while also not sacrificing efficiency

• Collaborate with associates directly involved in the Business Banking lending process while exceeding applicant’s expectations
• Maintain group mailbox, manage application pipeline, assist in completing department level administrative responsibilities, and participate in projects as needed
• Engage with, learn from, and teach department staff to maximize internal growth and development opportunities

• Proficient in using multiple internal or third‑party systems
• Maintain a general understanding of scoring model and its application when guiding loan decisions as well as the ability to spread financial statement, calculation ratios, and apply results to property assess risk
• Proficient in understanding and applying loan policies, guidelines and standards

• Viewed as the “right hand” of the department manager to assist in:
  • Reviewing and decisioning, when applicable, applications for other underwriters
  • Assist underwriters in conflict resolution
  • Train and develop less experienced UW’s as opportunities arise
• Highly proficient accountabilities listed above
• Fills in for department manager when absent
• Is assigned special projects at the discretion of the manager
• Possess or is developing leadership competencies required for a management role

• Communication - Effectively shares information and ideas with individuals and groups; displays self-awareness and self-management, tailors the delivery to the audience, and selects suitable delivery methods.
• Inclusiveness – Demonstrates strong self-awareness and respect of individual and cultural values by actively contributing to an environment that fosters inclusion, belonging and engagement of all…