Credit Portfolio Specialist

Old National Bank has been serving clients and communities since 1834. With approximately $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.

Credit Portfolio Specialist (“CPS”) will leverage data and analytics, and collaborate with senior credit professionals, field production staff, data scientists, Portfolio Oversight Manager and the Chief Credit Officer (CCO) to create and manage policies, exceptions, and other credit reporting.  This role will monitor portfolio trends, make risk management recommendations, assist in developing reporting consistent with Heightened Standards, and work closely with the Portfolio Oversight Manager to ensure we maintain a well-managed credit risk management organization. The CPS role is also responsible for measuring and monitoring compliance with internal credit policies and regulatory standards.

Salary Range

The annual salary range for this position is $60,000.00 - $121,300.00. 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

Identify, Develop, Maintain, Update and Enhance Management Reporting consistent with Heightened Standards Expectations

• Work with the portfolio oversight manager, credit officers and the chief credit officer to identify, develop, recommend, implement and track new management level reporting and updates to existing management level reporting.
• Consider the reporting presentation format, frequency, data integrity, and medium and make recommendations to enhance the visual display and intranet access

Exception & Concentration Reporting

• Manage reporting processes and ensure timely escalation of breaches (e.g., policy exception threshold breaches, sales override process, SLTV reporting, etc).
• Collaborate with credit approvers and policy leads to refine exception frameworks and reporting cadence.

Process Improvement & Automation

• Identify opportunities to automate manual reporting processes.
• Partner with IT and data teams to implement reporting tools.
• Ensure data integrity and consistency across reporting platforms.

Key Competencies for Position

Makes Decisions & Solves Problems – Seeks deeper understanding and takes action.

• Takes ownership of the problem while collaborating with others on a resolution with an appropriate level of urgency.
• Collaborates and seeks to understands the root causes of problems.
• Evaluates the implications of new information or events and recommends solutions using decisions that are sound based on what is known at the time.
• Takes action that is consistent with available facts, constraints and probable consequences.

Compelling Communication – Openly and effectively communicates with others.

• Effectively and transparently shares information and ideas with others.
• Tailors the delivery of communication in a way that engages the audience and that is easy to understand and retain.
• Unites others towards common goal.
• Asks for others' opinions and ideas and listens actively to gain their support when clarifying expectations, agreeing on a solution and checking for satisfaction.

Promotes Change – Seeks to understand and embrace change.

• Actively seeks, information to understand the rationale, implications and impact for changes.
• Remains agile by quickly modifying daily behavior, leveraging resources, and trying new approaches to effectively embrace change.
• Willing to act quickly, learn and adjust as needed.
• Identifies and recommends changes to leadership to improve performance.

Qualifications and Education Requirements

• Bachelor’s degree in finance, accounting or related field OR equivalent experience
• Demonstrated ability to independently (with limited oversight), understand, analyze and interpret credit risk, portfolio reporting and financial analysis.
• Basic knowledge of loan structuring, borrowing causes and lending regulations; ability to comply, and conform to ONB lending policies, guidelines and standards
• Must be able to make sound independent decisions and communicate those decisions clearly and effectively
• Must be able to actively listen, quickly identify issues as well as opportunities when they arise, and problem solve in real-time to move the work accordingly
• Must feel comfortable working in a collaborative team environment along with being an independent thinker.
• General banking experience – Commercial Credit experience preferred.

Key Measures of Success/Key Deliverables

• Accuracy and timeliness of reporting
• Effective tracking and escalation of exception reporting breaches
• Positive feedback from internal stakeholders on reporting clarity and usability

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!