Old National Bank · 13 hours ago
Commercial Underwriter III
Grand Forks, ND
Full-time
Onsite
Mid, Senior Level
$60K/yr - $165K/yr
3+ years expOld National Bank is a regional powerhouse committed to social responsibility and community investment. They are seeking a Senior Commercial Underwriter III to underwrite lending opportunities, balance risk and growth, and ensure loan structures meet bank standards while collaborating with Relationship Managers.
BankingFinancial ServicesWealth Management
Responsibilities
Underwrite 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) volume
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
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
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 expertise
Partner well with associates on revenue generating sales team, support teams and others in Credit to ensure a collaborative, team, and empowered environment
Accurately 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 Managers
Commercial Underwriters may monitor overlines and Treasury Management/ACH risk reports or other trends, as appropriate
Qualification
Required
At least 3 + years progressive Agriculture underwriter experience is required. More experience for higher level positions is required
Demonstrated ability to independently understand, analyze and interpret financial statements
Understands and takes appropriate action related to risks associated with lending to various types of industries
Highly skilled with 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 to the internal/external client quickly given the high volume, fast-paced environment
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
Preferred
Familiarity with syndicated loan transactions
MBA, CFA, or CPA
Benefits
Medical, dental, and vision insurance
401K
Continuing education opportunities
Employee assistance program
Company
Old National Bank
Old National Bank is a regional bank providing you with additional provides account choices, expanded convenience, and greater control.
1001-5000 employees
H1B Sponsorship
Old National Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (4)
2024 (5)
2023 (5)
2022 (5)
2020 (1)
Funding
Current Stage
Public CompanyTotal Funding
$400M2024-11-25Post Ipo Equity· $400M
1984-12-04IPO
Leadership Team
James Sandgren
CEO - Commercial Banking
Timothy Burke
President & Chief Operating Officer
Recent News
GlobeNewswire
2026-01-22
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2026-01-20
2026-01-19
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