Credit Policy & Regulatory Oversight Specialist

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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, plus medical, dental, vision insurance, 401(k), continuing education opportunities, and an employee assistance program. Old National also offers Impact Network Groups that promote diversity, equity, and inclusion.

The Credit Regulatory Oversight Specialist will coordinate regulatory oversight with business lines, working with the Credit Policy and Regulatory Oversight Director to ensure compliance and serve as the bank’s representative to regulators, Internal Audit, Loan Review, and examiners. The role monitors regulatory developments, conducts risk assessments, facilitates examination coordination, supports audits and examinations, and performs portfolio analysis to assess credit risk.

The annual salary range for this position is $81,700.00 – $, varying by responsibilities, experience, education, and location.

• Coordinates examinations and leads projects with Credit Policy to ensure compliance with federal, state, and local laws.
• Tracks internal and external examination cycles and coordinates response recommendations with 1st and 2nd Lines of Defense.
• Acts as the primary point of communication with regulators, internal auditors, and examiners for assigned credit segments; resolves recommendations and MRAs.
• Works with and implements directives from regulatory agencies.
• Ensures compliance with regulatory requirements and guidance.

• Partners with Credit Policy, Oversight, Risk, and Compliance to oversee adherence to the risk management framework.
• Ensures active identification, response, and escalation of risks.
• Influences policies and procedures to align with the bank’s strategic plan and risk appetite.
• Assists in enhancing processes and procedures as needed.

• Facilitates partnerships between Credit Administration, Lines of Business, and Lines of Defense.
• Provides analytical support to bankers, analysts, Credit Policy Director, and Chief Credit Officer on credit issues and questions.
• Stays abreast of regulatory developments and informs key stakeholders of changes.

• Coordinates identification, sourcing, and delivery of training needs.
• Works with HR to develop or source training from external providers.

• Effectively and transparently shares information and ideas.
• Tailors communication to engage the audience and ensures clarity.
• Unites others toward common goals.
• Asks for others’ opinions, listens actively, and gains support when clarifying expectations.

• Takes ownership of problems and collaborates on timely resolution.
• Collaborates to understand root causes.
• Evaluates implications of new information and recommends sound solutions.
• Acts consistently with available facts and probable consequences.

• Passionately serves internal and external clients with excellence.
• Maintains a growth mindset and stays current with industry developments.
• Understands data and metrics that drive client satisfaction.
• Nurtures client relationships by listening, prioritizing, and acting responsively.

• Bachelor’s degree or equivalent work experience and 8 years of related credit experience.
• Advanced knowledge of laws, regulations, and regulatory trends impacting financial services.
• Understanding of risk and control environments.
• Knowledge of Risk, Compliance, and Audit competencies.