Portfolio Mgr III

Old National Bank   •  

Madison, WI

Industry: Accounting, Finance & Insurance


Less than 5 years

Posted 76 days ago

This job is no longer available.

Job Number : 15572
Job Location : Grand Rapids, MI
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 is seeking a Commercial Credit Portfolio Manager III (PM) that can be located in Indianapolis, IN, Madison, WI, Grand Rapids, MI, or Ann Arbor, MI. The PM is responsible for ensuring the accuracy of risk analysis and Asset Quality Rating, timely monitoring of the receipt and proper analysis of financial information provided by the borrower and timely completion of credit requests for commercial relationships. Commercial Credit Portfolio Managers may work with Commercial & Industrial Credits or Commercial Real Estate Credits.


  • Structure and underwrite both new credit requests and renewals of moderately complex middle market credits. Underwriting of new transactions will focus on appropriate due diligence and regulatory compliance.

  • Approves credit based on lending authority.

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

  • Responsible for underwriting quality and portfolio administration. Manage risk in assigned portfolio bymonitoring customer credit worthiness, adherence to loan terms, and general economic conditions.

  • Partner with relationship managers to prioritize credit requests and meet with clients as appropriate.

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


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

  • 3+ years of related Commercial Credit Portfolio Managerexperience in reviewing and underwriting moderately complex credit requests.

  • Demonstrated success structuring complex credits, 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 Moody’s Risk Analyst.

  • 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 Development Team Lead, VP, to fill a specific position.