Commercial Development Prof II

Posted 4 Days Ago
Be an Early Applicant
4 Locations
In-Office
46K-86K Annually
Entry level
Fintech • Software • Financial Services
The Role
Participates in a 24-month Commercial and Credit rotational development program with onboarding, credit training, commercial banking rotations, and progressively complex assignments. Works on credit deals, develops analytical and client-service skills, receives mentorship and feedback, and mentors first-year participants. Successful completion may lead to analytical, sales, or client-services roles. Relocation within Old National’s footprint may be required.
Summary Generated by Built In
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

LEAD Rotational Development Program participants will be part of a 24-month development program that will cycle through various targeted functional rotations.  The program is designed to help prepare and develop future organizational leaders through accelerated training and rotational assignments that will ensure participant exposure to multiple departments within the line of business through a cross-functional approach.  Participants will be introduced to the company’s products, services and processes that will foster the skills and knowledge needed in preparation for a successful career in their respective track, while simultaneously making valuable contributions to the organization. Potential placement after successful completion of the program could include a variety of professional roles in the analytical, sales, or client services areas.   


Salary Range

The salary range for this position is $45,600.00 to $86,200.00. 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.


The full-time program will begin in August of 2027 


 Commercial & Credit Rotational Career Track

 Year One:              

  • Participate in robust onboarding and Credit training curriculum
  • Complete two fixed rotations to build foundation of credit management experience
  • Work on non–active and active deals which may be high volume and low complexity
  • Learn from and take action on developmental feedback 
  • Partner with a 2nd year LEAD mentor and another high performing team member
  • Receive oversight from Program Manager with support from Rotation Manager and assigned mentor 

Year Two:

  • Select two elective rotations* that are more complex in nature in Credit Management or Commercial Banking
    • *Specific responsibilities will be determined and depend on the needs of the rotation department and the line of business specialization
  • Serve as a mentor for first year LEADS
  • Seek feedback to continuously improve performance
  • Implement new strategies based on feedback from first year
  • Receive oversight from Rotation Managers with support from Program Manager and assigned mentor 
  • Complete program and seek placement opportunities 

REQUIRED EDUCATION, EXPERIENCE AND SKILLS:

  • Bachelor’s degree in Finance, Accounting, or related discipline
  • Successful completion of at least two accounting courses with grades of B or better
  • Expected graduation date of May 2027 or earlier
  • Strong interest in banking, especially in areas of credit management and commercial banking, and desire to grow and develop a career at Old National
  • Demonstrated academic excellence
  • Ability to take initiative and think creatively about business challenges
  • Self-starter with involvement in extra-curricular, community or university sponsored organizations.
  • Prior internship experience is strongly preferred.
  • Strong desire to learn and proven ability to adapt in new situations
  • Excellent verbal and written communication skills
  • Strong analytical and problem-solving skills
  • Driven and motivated with demonstrated teamwork and leadership ability
  • Geographically mobile and able to relocate on short-term basis within Old National’s footprint if neededProficient with MS Office and use of Teams for virtual meetings

We are interested in every qualified candidate who is eligible to work in the United States. However, we are not able to sponsor applicants for work visas in this position


Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. 


As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law. 


We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.


Our culture is firmly rooted in our core values.

We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.

We are Old National Bank.  Join our team!

Skills Required

  • Bachelor's degree in Finance, Accounting, or a related discipline
  • Successful completion of at least two accounting courses with grades of B or better
  • Expected graduation date of May 2027 or earlier
  • Strong interest in banking, credit management, and commercial banking
  • Demonstrated academic excellence
  • Ability to take initiative and think creatively about business challenges
  • Self-starter with involvement in extracurricular, community, or university-sponsored organizations
  • Prior internship experience
  • Strong desire to learn and ability to adapt to new situations
  • Excellent verbal and written communication skills
  • Strong analytical and problem-solving skills
  • Teamwork and leadership ability
  • Geographic mobility and ability to relocate on a short-term basis within Old National's footprint if needed
  • Proficiency with Microsoft Office and Microsoft Teams
  • Eligibility to work in the United States without visa sponsorship

Old National Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Old National Bank and has not been reviewed or approved by Old National Bank.

  • Retirement Support — Retirement support is positioned as a standout, with a dollar-for-dollar 401(k) match up to 5% and immediate vesting. Auto-enrollment and auto-increase features further strengthen the perceived reliability of retirement benefits.
  • Healthcare Strength — Healthcare offerings appear broad and feature-rich, including multiple plan types, HSA contributions for HDHP participants, and access to programs like virtual care and a nurse line. Medical premium discounts tied to wellness and tobacco-free status can meaningfully improve the value of coverage for those who complete the steps.
  • Strong & Reliable Incentives — Incentives can provide meaningful upside in revenue-generating roles, with individual incentive structures described as strong in certain lending/commercial positions. Stock purchase access with a discount also adds a supplementary reward mechanism beyond base pay.

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The Company
HQ: Evansville, IN
5,373 Employees

What We Do

Old National is a regional bank with substantial assets, based in the Midwest. Our dual headquarters are in Chicago, Illinois, and Evansville, Indiana. Since our founding in 1834, we have kept the heart, culture and DNA of a smaller community bank. We are proud to have strong relationships with our clients and communities and an inclusive work environment that empowers our team members to deliver their best. Our story is reflected in our clients and the communities we support. Hopeful entrepreneurs. First-time homebuyers. Parents and families. Business owners. Retirees. We are every bit as committed as we were in 1834 to exceeding client expectations and strengthening and supporting the communities that we call home.

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