Commercial UnderwriterFranchise

Commercial Underwriter-FranchiseJob Locations US-MN-Minneapolis | US-IL-Chicago | US-IL-Deerfield | US-IL-Chicago | US-MI-Troy | US-IN-Indianapolis | US-WI-Milwaukee | US-MN-Saint Paul | US-TN-Nashville | US-KY-Louisville Category/Function Lending/Commercial/Consumer/Credit Position Type Regular Full-Time Requisition

ID 2026-19605

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•$165,100 per year plus bonus. Final compensation will be determined by location, skills, experience, qualifications and the career level at which the position is filled. We are growing and have an opportunity for a Commercial Underwriter for Franchise Banking. 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, 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 and franchise lending expertise to underwrite and monitor the portfolio. We are an in-office working environment offering a wide range of possible office locations including Troy, Ann Arbor, Grand Rapids MI; Indianapolis,Evansville, IN;

Milwaukee, Madison WI, Louisville, KY:

Nashville, TN; Minneapolis, MN; and throughout the Chicago land area. Key AccountabilitiesUnderwrite LoansUnderwrite credit requests focusing on appropriate due diligence, risk assessment and asset quality ratings (AQR)Meet quality standards as outlined in ONB underwriting guidelines and policy; evaluation by Loan Review, OCC, and/or others may identify unacceptable underwriting or inaccurate asset quality ratings (AQR)Meet or exceed productivity expectations for annual credit approval memorandum (CAM) volumeProduce 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 as well as Treasury Management PartnersProvide 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.

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 expertisePartner well with associates on revenue generating sales team, support teams and others in Credit to ensure a collaborative, team, and empowered environmentMonitor PortfolioAccurately assign asset quality ratings (AQR)Work with assigned Relationship Managers to monitor the credit portfolio to maintain strong asset quality; review 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 credit data in Special Assets Assessment and Action Summary (SAAAS) and Upgrade Hurdles, as necessary, working with assigned Relationship ManagersCommercial Underwriters may monitor overlines and Treasury Management/ACH risk reports or other trends, as appropriateKey Competencies for

PositionCultural Leadership:

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.

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; consistently achieves performance targets.

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