Commercial Underwriter II

Responsibilities

Salary Range: The salary range for this position is $61,200/yr. - $130,680/yr.

This role has the primary responsibility of structuring and underwriting healthcare lending opportunities balancing risk and growth ensuring loan structures are appropriate and consistent with bank lending standards, assigning an appropriate asset quality rating in a fast-paced, high-volume environment completing a detailed financial analysis to obtain a deeper understanding of an application’s credit risk.

• Collaborate with Relationship Managers ("RM"), internal support staff, and others to provide credit expertise to underwrite and monitor the portfolio.
• Partner with respective Relationship Managers providing 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.
• Develop and enhance knowledge of assigned segmentation and portfolio by leveraging internal and external resources and expertise.
• Maintain strong asset quality by accurately assigning asset quality ratings (AQR).
• Monitor Portfolio Accurately by reviewing quarterly trend analysis reports, addressing default situations, delinquencies, reviewing maturing notes, receipt of financial information, reviewing covenant default and Borrowing Base Certificate (BBC) reports and other reports as appropriate.
• Prepare cash flows and monitor key metrics to present quarterly to ONB’s executive team and internal reviewers as part of the Healthcare Portfolio Review meetings.

Requirements

Progressive experience within Commercial Credit experience is required with each incremental level of responsibility. Healthcare Underwriting with senior and assisted living facilities preferred.

Bachelor’s degree in finance, accounting or related field.

Demonstrated ability to independently (with limited oversight), understand, analyze and interpret financial statements.

Demonstrated ability to independently (with limited oversight), build out cash flows to determine borrower’s overall ability to repay debt.

Understands and takes appropriate action related to risks associated with lending to healthcare borrowers.

Basic knowledge of loan structuring, borrowing causes and lending regulations; ability to comply with and conform to ONB lending policies, guidelines and standards.

Proficient in excel and a firm understanding of key bank underwriting metrics.

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.

Feel comfortable working in a collaborative team environment along with being an independent thinker.

Qualifications

Meet or exceed CAM production expectations.

Maintain strong asset quality demonstrating sound underwriting, and credit monitoring.

Contribute to the bank’s financial success by achieving targets for credit quality and supporting the bank’s growth goals.