Commercial Real Estate Underwriter

Cre Underwriter Position

We are growing and have an opportunity for a CRE Underwriter. 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. You will assign an appropriate asset quality rating and perform a detailed financial analysis to understand 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.

We are an in-office working environment with locations in the Chicago area, Milwaukee, Fargo, ND, and throughout Minnesota including Eau Claire WI.

Salary Range:
The salary range for this position is $83,300/yr – $177,870/yr. The base salary reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including specific responsibilities, relevant skills, professional experience, and geographic location.

• Underwrite credit requests focusing on due diligence, risk assessment, and asset quality ratings (AQR)
• Meet quality standards as outlined in ONB underwriting guidelines and policy; evaluations by Loan Review, OCC, and others may identify unacceptable underwriting or inaccurate asset quality ratings (AQR)
• Meet or exceed productivity expectations for annual credit approval memorandum (CAM) volume
• Produce high‑quality and accurate analysis while maintaining efficiency in a fast‑paced, high‑volume environment, juggling multiple requests and adhering to client‑driven response timelines

• Provide credit expertise using a consultative approach; assist in structuring loans applying proficient knowledge of ONB guidelines, risk assessment, and analysis; effectively communicate risks, questions, and options to RM to achieve win‑win solutions
• Deliver exceptional internal customer service and adopt new processes and new tools as available
• Develop and enhance knowledge of assigned segmentation and portfolio by leveraging internal and external resources and expertise
• Partner well with associates on revenue‑generating sales teams, support teams, and others in Credit to ensure a collaborative, empowered environment

• Accurately assign asset quality ratings (AQR)
• Work with assigned Relationship Managers to monitor the credit portfolio, maintain strong asset quality; review trend analysis reports, address default situations, delinquencies, maturing notes, and covenant default reports, and other appropriate reports
• Prepare credit data in Special Assets Assessment and Action Summary (SAAAS) and Upgrade Hurdles, as necessary, working with assigned Relationship Managers
• Commercial Underwriters may monitor overlines and Treasury Management/ACH risk reports or other trends, as appropriate

• Communicate effectively, sharing information and ideas with individuals and groups; display self‑awareness, self‑management, tailor delivery to the audience, and select suitable delivery methods
• Actively seek, develop, and maintain trusted relationships with others to achieve business goals and objectives

• Drive and execute by committing to established goals, overcoming obstacles, and continuously learning; focus on ways to succeed by changing strategies, increasing effort, and leveraging collaboration
• Problem solve/decide with minimal oversight, identifying causes and incorporating input from multiple sources for sound action and shared ownership
• Adapt flexibly and agilely to changing business needs, conditions, work responsibilities, and client needs; maintain effectiveness when experiencing change; accept new challenges in a can‑do way and focus on the benefits of change
• Possess required technical knowledge to perform the role effectively; continuously learn and adopt new trends and expertise; apply credit and banking expertise, industry knowledge, skills, and abilities to sustain depth and breadth of underwriting…