Commercial Banking Specialist

Job Locations US-IL-Chicago
Category/Function
Lending/Commercial/Consumer/Credit
Position Type
Regular Full-Time
Requisition ID
2025-18543
Workplace Type
On Site

Overview

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

Job Summary
The Commercial Banking Specialist works with assigned Relationship Managers (RMs) within the Commercial Line of
Business. This position provides sales, administrative, loan, deposit and other relevant support to the RMs. This
position also provides primary support for the RM’s clients.
The Commercial Banking Specialist understands the overall commercial workflow and processes and works
effectively with relevant Bank Partners to resolve client issues and provide a high level of service.

 

Salary Range

The salary range for this position is $17.00/Hr. - $29.75/Hr.. Final compensation will be determined by location, skills, experience, qualifications and the career level at which the position is filled.


Key Accountabilities


Assists with Loan Process

  • Collaborates with RMs in contacting clients to gather items needed to prepare a complete application for
    submission (financials, purchase agreements, invoices, etc.).
  • Prepares loan requests utilizing required forms. Submits applications to the Loan Fulfillment team for further
    input and processing.
  • Reviews and manages open applications in LOS for assigned RMs.
  • During the underwriting and pre-closing phase, collaborates with Underwriting teams and Loan Fulfillment to
    obtain any missing client information (financials, entity documentation, signers, etc.).
  • Coordinates loan closings and attends loan closings to perform Notary services.
  • Submits closed loan packet to Loan Fulfillment for funding and booking.

Assists with Portfolio and Credit Administration

  • Utilizes the Power BI software to provide assigned RMs with pipeline, portfolio, production and credit information.
  • Tracks upcoming loan maturities and contacts clients to request financial information as needed.
  • Assists in clearing past due financials, post-closing exceptions, and trailing documents.

Assists with Depository Process

  • Coordinate account opening for assigned RMs and acts as a liaison with Treasury Management, Private Banking,
    and the Community Banking team to facilitate the depository process
  • Acts as a point person in resolving client depository issues with Client Care and Treasury Management Services.

Assists with Sales Support and Administrative Needs

  • Conducts research and organizes outreach for business development activities.
  • Assists and supports assigned RMs with daily activities as needed.
  • Understands and complies with all applicable compliance rules and regulations.

Key Competencies for Position


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.

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 understand 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.
    Delights Clients – Continuously seeks and applies knowledge leading to a best-in-class client experience.
  • Passionately serves internal/external clients with excellence
  • Maintains a growth mindset staying current with developments and trends in areas of expertise influencing
    client satisfaction both internally and externally.
  • Understands data, metrics and/or financial information, and how they tie to client satisfaction and business
    outcomes related to position, client and/or team.
  • Nurtures client relationships by listening, prioritizing, and acting responsibly to meet client needs, mitigate
    risk and add shareholder value.

Qualifications and Education Requirements

  • Associate degree in administrative services/business or equivalent experience required
  •  Minimum 4 + years of administrative and/or banking experience preferred; 2+ experience working with
    commercial processes.
  • Strong working knowledge of Microsoft Word and Excel.
  • Focus on providing excellent service to RMs, Clients and Bank Partners.
  • Effective written and verbal communication skills in working with RMs, Clients and Bank Partners.
  • Ability to communicate with clients and key decision makers effectively and independently.
  • Ability to effectively manage time and prioritize meeting deadlines, highly productive and efficient multi-tasker.
  • Appropriate attention to detail and organizational skills.
  • Able to adapt and manage changing priorities and deadlines.

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!

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