Middle Market Commercial Underwriter

Responsibilities

• Salary Range: $81,700/yr. - $165,100/yr.
• Underwrite complex bilateral and syndicated credit facilities for Middle Market clients across general industries.
• Evaluate, structure, and underwrite credit facilities, including conducting due diligence, building financial models, assessing borrower risk, and preparing credit approval materials.
• Develop and evaluate capital structures, sources and uses of funds, and collateral packages, participating in legal documentation review and negotiations.
• Monitor asset quality, covenant compliance, and financial performance of assigned clients, collaborating with Relationship Managers to ensure ongoing credit health and proactive risk management.
• Support internal and external audits and regulatory reviews, serving as a subject matter expert in underwriting and providing consultative support to internal teams.
• Engage with clients and legal counsel to validate business plans and transaction terms, partnering with Treasury Management and other internal teams to support client needs.

Requirements

• Bachelor’s degree in finance, accounting or related field OR equivalent experience.
• Demonstrated ability to independently understand, analyze, and interpret financial statements.
• Knowledge of risks associated with lending to various types of industries.
• Basic knowledge of loan structuring, borrowing causes, and lending regulations; ability to comply and conform to ONB lending policies, guidelines, and standards.
• Ability to actively listen, quickly identify issues and opportunities, and problem-solve in real-time.
• Experience within Middle Market C&I Credit, with each incremental level of responsibility.
• Expertise in financial modeling, legal documentation, and complex deal structuring.
• Strong understanding of market trends and regulatory frameworks across specialty segments.
• General banking experience – at least five years of Middle Market C&I Credit experience.

Qualifications

• Progressive experience within Middle Market C&I Credit required.

Key Competencies

• Compelling Communication: Openly and effectively communicates with others, tailors the delivery of communication to engage the audience and share information transparently.
• 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, 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.
• Promotes Change: Actively seeks information to understand the rationale, implications, and impact for changes, remains agile by quickly modifying daily behavior, leveraging resources, and trying new approaches to effectively embrace change, acts quickly, learns, and adjusts as needed, identifies and recommends changes to leadership to improve performance.