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 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.

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, organizational, and individual realities along with impact on the business before developing solutions and makes sound business decisions based on a blend of analysis, wisdom, experience and judgment

• Creates plan to meet goals and objectives within business areas diminishing gaps and evaluating progress along the way allowing for adjustments

Delights Clients - Builds a best-in-class client experience across the business area

• Fosters an environment where team members passionately serve internal/external clients with excellence
• Fosters a growth mindset by keeping current with development and trends in business area and sharing information to build knowledge base of business area and enhance client experience
• Understands data, metrics and/or financial information and how they tie to business outcomes related to client, business area and organization

• Fosters a culture of accountability within business areas where business area nurtures client relationships by listening, prioritizing and acting responsibly to meet client needs, mitigate risk and add shareholder value 

Qualifications and Education Requirements

• Bachelor’s degree in Finance, Accounting, or a related field (or equivalent experience).
• 7+ years of experience in commercial underwriting, credit analysis, or a related function.
• Strong knowledge of financial statement analysis, loan structuring, and commercial lending principles.
• Familiarity with bank credit policies, risk management, and regulatory requirements.
• Experience in analyzing risks across various industries and market segments.
• Ability to work independently and make informed credit decisions while escalating complex deals appropriately.
• Strong communication and collaboration skills for partnering with internal stakeholders.
• Previous management or leadership experience is a plus but not required.

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. 

As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law. 

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.

Our culture is firmly rooted in our core values.

We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.

We are Old National Bank.  Join our team!