Credit Policy Specialist, Sr
Job Locations
US-MN-Lake Elmo | US-MN-Saint Paul | US-MN-Minneapolis | US-MI-Grand Rapids | US-IN-Evansville | US-IN-Indianapolis | US-WI-Milwaukee | US-MI-Ann Arbor | US-TN-Nashville | US-KY-Louisville
Category/Function
Lending/Commercial/Consumer/Credit
Position Type
Regular Full-Time
Requisition ID
2026-19915
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
Job Summary
Senior creditpolicy and governance roleresponsible forcoordinating with businesslineon development, management and communication of policies, guidelines, and processes, along with the tools supporting underwriting and delivery of credit. Responsibilitieswill bescoped basedonthe Credit Policy and Regulatory Oversight Teamsobjectivesof aligning, governing,interpretingand training on policy,guidelinesand regulatory requirementsin accordance withoverall bank strategies and risk appetite.
Oversight responsibilities will includea broadfocus on Credit Manual governance and oversight activities.
Specific oversight responsibilities may also be focused as the lead creditpolicyspecialist fordevelopment and maintenance ofspecificareasof lending focus. Specifically,work with commercial lines of business credit officers and production staff toidentifydevelopand implement credit policies guidelines andprocedures;assistwith oversight and coordination of development and delivery of credit training. Responsible for monitoring adherence toestablishedpolicies and guidelines, compliance with regulations,andconsultingregardingcredit issues.
We are an in-office culture and provide locations throughout our footprint inMinneapolis / St Paul, Chicago area, Milwaukee, Grand Rapids, Ann Arbor MI, Indianapolis, Evansville IN, Louisville KY, and Nashville TN.
Salary Range
The salary range for this position is $81,700.00/Yr. - $165,100.00/Yr.. Final compensation will be determined by location, skills, experience, qualifications and the career level at which the position is filled.
Key Accountabilities
Draft policies, guidelines, and procedures for discussion, in coordination within thebusiness linecollaborating with both Credit and Sales. Recommend policy,guideline, and procedure changes tothe Credit Policy Director and theCredit PolicyCommittee. Manage process for obtaining approval. EnsureCreditManualremainsupdated to meet the needs of various business segments and regulatoryenvironment.
Collaborate and coordinate with businesslineto ensure effective interaction with all enterprise departmentsimpactingcredit.
Providesadvisory input on complex credit structures and policy interpretation.
Identify, prioritize, and coordinate needs for credit products, services, and support. Act asa SMEbusiness owner on projects as needed. Assistin exception framework enablement and ongoingmonitoringof exceptions topolicy andguidelines.
Leverage portfolio trends, exception data, and risk metrics to inform policy design, thresholds, and guardrails, in coordinationwith leadership.Communicate changes to policies, guidelines, and procedures in the field.
Providetraining,as needed.
Oversee implementation of changes. Consult withkey stakeholderson interpretation and implementation of policies, guidelines, and procedures.
Assist in theorganizeand inventory ofcredit manual sections to advance governance, documentation standards and ease of use and clarity.
Assistwith the coordination ofresponses and remediation related to policy-related exam findings, MRA/MRIA actions, and internal audit issues.
Document the credit manual changeprocessincluding clearly defining change management cadence and timelines andcommunicateprocess changes with all key constituents.
Tracks approval and effective datesandensurestimelypolicy reviews arecompleted.
Consult with and provide analytical support to bankers, analysts, Credit PolicyDirectorand Chief Credit Officer on credit issues and questions.
Key Competencies for Position
Strong leadership skills in processes,projectsand people.
Ability to effectively communicate both orally and in writing with internaland externalcustomers
Ability to present a professional image and demeanor to internal and external customers
Ability to effectively present information and response to questions from groups
Multi-task andmaintainan optimistic outlook in a fast-paced work environment
Accept and implement changes with processes, people, and circumstancesexhibitinga positive approach to each situation
Provide exceptional service to all customers and personalize interactions
Qualifications and Education Requirements
Bachelor's degree or equivalent work experience and 8yearsrelatable credit experience.
Preferred experience with Commercial and Specialty Lending Policies (Asset BasedLending,... For full info follow application link.
EOE/Minorities/Females/Vet/Disability
