Portfolio Mgr I

Old National Bank   •  

Madison, WI

Industry: Accounting, Finance & Insurance


Less than 5 years

Posted 75 days ago

This job is no longer available.

Job Number : 15551

Job Location : Madison, WI

Job Category : Lending/Commercial/Consumer/Credit

Job Type : Full Time

Old National Bank was established in 1834. Today we are the largest financial services holding company headquartered in Indiana. We provide an array of services to our clients which include Retail Banking, Investments, and Wealth Management. At Old National we believe that by helping our associates balance work life with home life, we create a more productive workforce and a stronger company.

In 2019, Ethisphere Institute announced Old National Bank as one of the World’s Most Ethical Companies for the eighth consecutive year.

Old National Bank has a position open for a Commercial Credit Portfolio Manager (PM) in Madison, WI. The PM is responsible for ensuring the accuracy of risk analysis and grading, timely monitoring ofthe receipt and proper analysis of financial information provided by the borrower and timely completion of annual reviews and covenant monitoring for commercial relationships. Commercial Credit Portfolio Managers may work with either Commercial & Industrial (C&I) or Commercial Real Estate (CRE) credits.


  • Responsible for completing annual reviews and portfolio monitoring for both C&I and CRE customers.

  • Manage risk in assigned portfolio by monitoring customer credit worthiness, adherence to loan terms, and general economic conditions.

  • Identify and communicate issues regarding the financial statements and loan covenant adherence to thePortfolio Manager/Relationship Manager.

  • Prepare required credit approval materials for annual reviews of moderately complex middle market credits in a timely manner.

  • Prepare analyses to identify and evaluate the assigned credit risk grades.

  • Provide risk grade recommendations to the appropriate level of credit administration.

  • Ensure accuracy of assigned risk ratings on the bank’s credit systems.

  • Demonstrate a clear understanding of Old National Bank policies and procedures.


  • Bachelor’s degree in finance or business related field or equivalent experience.

  • 2+ years of related Commercial Credit experience including financial statement spreading, calculation of loan covenant requirements, and assignment of appropriate risk ratings.

  • Demonstrated success in researching, evaluating, and presenting information in a clear and concise manner.

  • Ability to prioritize and manage multiple tasks and bring projects to completion in a timely manner.

  • Proficient in Microsoft Office and experience with Moody’s Risk Analyst preferred.

  • Detail oriented with strong technical skills, knowledge, and abilities.

  • Proven verbal and written communication skills.

  • Must be team oriented with a demonstrated willingness to collaborate with others to achieve team results.

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 Talent Team Leader, VP to fill a specific position.