CRE Credit Officer

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.

The CRE Credit Officer is a senior-level credit professional responsible for maintaining a high-quality commercial loan portfolio. As an expert in credit underwriting, this individual will assess, structure, and approve complex credit transactions while ensuring adherence to the bank’s risk policies and regulatory standards. While most Credit Officers will be individual contributors, some may have leadership responsibilities. Reporting to a Senior Credit Officer, this role collaborates closely with Commercial Relationship Managers and Portfolio Managers to support business growth while managing risk effectively.

We are an in-office working environment with offices for this role at 8750 W. Bryn Mawr, Chicago (close to Rosemont and the Cumberland stop of the blue line), Lincoln Park, Milwaukee Huron building, Madison WI Capital Square, Minneapolis St Paul MN, and Nashville TN / Gulch area.

Salary Range

The salary range for this position is $108,200/yr - $218,900/yr plus bonus. The base salary indicated for this position 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 the specific responsibilities of the position, the candidate’s relevant skills and professional experience, educational qualifications, and geographic location.

Key Accountabilities

Ensure credit quality targets for the loan portfolio are met

• Underwrite and analyze complex commercial loan applications, ensuring risk assessments and asset quality ratings are accurate.
• Engage with Credit Administration to leverage portfolio data, industry trends, and market insights for sound decision-making.
• Ensure compliance with corporate credit policies, loan standards, and regulatory requirements.
• Monitor and assess the commercial loan portfolio, identifying areas of risk, concern, or growth opportunities.

Review and Approve Loan Transactions

• Evaluate and decision commercial loan requests within assigned credit authority.
• Provide expert credit guidance and recommendations to Relationship Managers and other stakeholders.
• Support Senior Credit Officers by reviewing and escalating complex credit transactions as necessary.

Collaborate and Maintain a High-Performing Credit Environment

• Work closely with Commercial Relationship Managers, Portfolio Managers, and Documentation Specialists to ensure well-structured credit applications.
• Participate in loan committee discussions, providing insight into underwriting decisions and risk assessment.
• Contribute to internal audits, regulatory exams, and loan review processes as needed.

Coach and Develop Credit Talent (as Applicable)

• Support junior team members by sharing expertise and best practices in underwriting and credit structuring.
• Provide informal coaching and development opportunities for Portfolio Managers and Analysts.

Key Competencies for Position

Makes Decisions & Solves Problems - Proactively sources and analyzes comprehensive data to define and solve complex business problems that leads to sound decisions

• Proactively analyzes and owns qualitative and quantitative data to define business areas problems and opportunities through effective collaboration
• Collaborates to compile information needed to create a sound approach by leveraging internal and external resources
• Considers business area,…