Credit Regulatory & Controls Manager'
Job Locations
US-MN-Lake Elmo | US-IL-Chicago | US-MN-Minneapolis | US-IN-Indianapolis | US-MI-Grand Rapids | US-MI-Troy | US-IN-Evansville | US-KY-Louisville | US-TN-Nashville
Category/Function
Lending/Commercial/Consumer/Credit
Position Type
Regular Full-Time
Requisition ID
2026-19187
Workplace Type
On Site
Overview
Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.
We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.
Responsibilities
Credit Regulatory & Controls Manager is a senior enterprise leadership position responsible for comprehensive management of all regulatory engagements related to Credit, as well as oversight of Credit Risk Controls. This role ensures alignment with regulatory standards, safeguards organizational integrity, and maintains consistency in credit decision-making, processes, and delivery across the First Line Credit function.
The Credit Regulatory & Controls Manager operates as a proactive and strategic partner to executive leadership, guiding outcomes through effective challenges, collaboration, and thought leadership. The main responsibilities include acting as the principal First Line credit representative to regulatory agencies-overseeing examinations and addressing findings-and serving as Credit's First Line Business Risk Leader by evaluating remediation efforts and assessing the effectiveness of business controls through the design, execution, testing, and supervision of first line credit activities. The core objectives focus on implementing a unified, forward-looking risk control framework that harmonizes regulatory requirements with business goals and customer experience, while enhancing governance, transparency, and sustainable risk management practices
We are an in-office culture. Your office could be in Chicago land, Minneapolis / St Paul area, Milwaukee, Grand Rapids MI, Troy MI, Indianapolis, Evansville IN, Louisville KY, or Nashville TN
Salary Range
The salary range for this position is $60,000 - $165,100 per year plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate's relevant skills and professional experience, educational qualifications, and geographic location.
Key Accountabilities
Enterprise Regulatory Leadership
Own the enterprisewide strategy and execution for creditrelated regulatory oversight, serving as the primary executive point of accountability for internal and external examinations, reviews, and inquiries.
Over time this leader will build a team of professionals to further support the business and partner in the establishment of strong credit risk function.
Establish and maintain strong, credible relationships with regulators, internal audit, and second and thirdline partners, ensuring transparency, consistency, and confidence in the organization's credit risk management framework.
Proactively identify emerging regulatory expectations and industry trends, anticipating impacts and guiding leadership on implications to credit risk, governance, and controls.
Enhancement of Governance Framework
Design, implement, and continuously enhance regulatory framework as size and scale of the Bank increases. Aligns Credit Team with enterprise risk standards, and leading practices.
Ensure clear governance, roles, escalation paths, and accountability across credit decisioning and delivery processes.
Drive sustainable remediation strategies and ensure timely, effective resolution of regulatory findings, issues, and actions.
Credit Risk Control Ownership
Serve as executive owner of Credit Risk Controls, ensuring effective design, execution, testing, and oversight.
Validate that credit decisioning and delivery processes operate within approved risk appetite and policy standards while supporting sound customer and business outcomes.
Partner with business and risk leadership to assess control effectiveness, challenge identified gaps and prioritize enhancements based on risk and materiality.
Executive Partnership & Influence
Act as a trusted advisor and constructive challenger to executive leadership, influencing strategic decisions related to credit risk, controls, and regulatory posture.
Balance regulatory soundness with business needs by shaping pragmatic, forwardlooking solutions that enable growth while protecting the enterprise.
Elevate credit risk and control discussions to an executive and, where applicable, boardlevel audience.
Strategic Risk & Change Management
Integrate regulatory and risk considerations into major credit initiatives, transformations, product launches, and policy changes.
Provide executive oversight for change... For full info follow application link.
EOE/Minorities/Females/Vet/Disability