Commercial Underwriter Healthcare /Senior Living

Commercial Underwriter

• Healthcare /Senior Living FacilitiesJob Locations US-IL-Chicago | US-MI-Grand Rapids | US-MN-Minneapolis | US-MN-Saint Paul | US-MN-St Louis Park | US-MN-Maple Grove | US-IL-Deerfield | US-IL-Sycamore | US-IL-Palos Heights Category/Function Lending/Commercial/Consumer/Credit Position Type Regular Full-Time Requisition

ID 2026-19623

Workplace Type On SiteOverview 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 RangeThe salary range for this position is $60,000/Yr.

• $165,100.

00/Year plus incentive compensation. 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 have an opportunity for a Commercial Underwriter in the Specialty Healthcare Senior and Assisted Living segmentation. This role has the primary responsibility of structuring and underwriting healthcare lending opportunities balancing risk and growth ensuring loan structures are appropriate and consistent with bank lending standards, assigning 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. A Commercial Underwriter will collaborate with Relationship Managers ("RM"), internal support staff, and others to provide credit expertise to underwrite and monitor the portfolio. We are an in-office culture. You could be based in any of the following: 8750 W Bryn Mawr Avenue, Chicago (close to Rosemont and the Blue Line Cumberland station), Sycamore IL Palos Heights IL, Deerfield IL, Grand Rapids MI, and Minneapolis /St. Paul, MN. Key AccountabilitiesStructure and Underwrite Loans

• Focus primarily on senior housing, hospitals and ancillary medical services
• Underwrite new credit requests, renewals, and modifications focusing on appropriate due diligence, risk assessment and asset quality ratings (AQR)
• Meet quality standards as outlined in ONB underwriting guidelines and policy
• Produce high quality and accurate analysis while also not sacrificing efficiency in a fast-paced, high volume environment juggling multiple requests while adhering to client driven response timelines, etc.

Partner with respective Relationship Managers

• Provide credit expertise using a consultative approach; assist in structuring loans applying proficient knowledge, understanding, and application of ONB guidelines/standards/policies, risk assessment and analysis; effectively communicate risks, questions, and options to RM seeking win-win solutions.
• 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 team, support teams and others in Credit to ensure a collaborative, team, and empowered environmentMonitor Portfolio
• Accurately assign asset quality ratings (AQR)
• Work with assigned RMs to monitor the credit portfolio to maintain strong asset quality; review quarterly trend analysis reports, address default situations, delinquencies, review maturing notes, receipt of financial information, review covenant default and Borrowing Base Certificate (BBC) reports and other reports as appropriate.
• Prepare cash flows and monitor key metrics to present quarterly to ONB's executive team and internal reviewers as part of the Healthcare Portfolio Review meetings Key Competencies for

PositionCultural Leadership:

• Communication
• effectively shares information and ideas with individuals and groups; displays organization and self-management, tailors the delivery to the audience, and selects suitable delivery methods.
• Collaboration
• actively seeks, develops and maintains trusted relationships with others to achieve business goals and objectives.

Execution Leadership:

• Drive and Execution
• committed to achieving established goals, overcoming obstacles, and continuously learning; focuses on ways to succeed by changing strategies, increasing effort, using varying approaches; seeks and leverages opportunities to collaborate with others to achieve results
• Problem Solving/Decision Making
• with minimal oversight, seeks to identify what caused an issue; incorporates input from multiple sources (e.g., lines of business, subject matter experts, data, policies, procedures, etc.) to ensure effective action and shared ownership; decisions are sound based on what was known at the time and are based on a blend of analysis, wisdom, experience, and judgement.
• Adaptability
• flexible and agile (can be a utility player); modifies behavior and approach to deal effectively with changing business needs, conditions, work responsibilities and requirements, and.

.. For full info follow application link. EOE/Minorities/Females/Vet/Disability