Senior Bank Counsel-Lending and Special Assets

Old National Bancorp is the holding company of Old National Bank, which is the fifth largest commercial bank headquartered in the Midwest and ranks among the top 25 banking companies headquartered in the U.S. Our banking office footprint currently encompasses Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, North Carolina, North Dakota, Tennessee, and Wisconsin.

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 building long-term, highly-valued partnerships with our clients and investing in our communities through volunteering and charitable giving.

Culture and collaboration are very important to us. We are focused and committed to our mission, vision, and values, which include integrity, excellence, optimism, inclusion, collaboration, and agility. At Old National, we believe that our team members are critical to our success, and we continually invest in their growth and development.

Position Summary

Old National's Legal and Government Relations Department is seeking an attorney with strong academic credentials and appropriate experience, capable of providing legal advice and support to our Commercial, Community, and Consumer lending lines of business as well as our Special Assets department. This attorney will have a broad practice range within the Bank but will primarily focus on providing day-to-day support for the Bank's lending teams, both Commercial and Consumer, and support for the Bank's Special Assets team, and will serve as a trusted, valued and strategic legal partner and advisor to the Bank's business teams.

Job Location

We are an in-office working environment. The members of our Legal and Government Relations Department currently work in our Chicago, Evansville, Indianapolis, and Minneapolis/St. Paul markets. This position will be located in one of the offices within our footprint.

Salary Range

The salary range for this position is $98,400 - $199,000 per year. Final compensation will be determined by location, skills, experience, qualifications and the career level at which the position is filled.

Qualifications and Education Requirements

Minimum of 10 years' experience practicing law full-time working in a legal department of a medium or large financial institution, or with a major law firm with substantive experience during that time serving financial institutions.
• Admitted to practice, and in good standing with the bar of one of the states in our footprint, with preference given to Illinois, Indiana or Minnesota, or qualified to be registered to practice as in-house counsel in the applicable state.
• Ability to apply sound legal analysis and practical business judgment to legal matters.
• Ability to consult with and advise Bank management at all levels.
• Strong written, oral and interpersonal communication skills.
• Ability to deliver timely, high quality work product.
• Ability to work within a team environment.

Desired Experience

• Knowledge of federal and applicable state banking laws and regulations relating to lending and special assets.
• Understanding of commercial and consumer loan documentation, including lien perfection across various collateral types, third-party agreements, loan pool purchases, due diligence, real estate and secured transactions law, and title insurance.
• Experience with loan workouts, foreclosures, receiverships, and bankruptcies.
• Experience with complex lending transactions, tax credits, bond transactions, and loan syndications.
• Ability to find efficiencies through form agreements and processes.
• Ability to effectively communicate legal advice and engage with lines of business consistent with the Bank's culture and business strategy.

Essential Duties and Responsibilities Include:

• Provide legal support for Commercial and Consumer lending teams, including conducting legal research and advising on loan structures, documentation, procedures, lien perfection and third-party agreements.
• Provide legal support for commercial deposit products, including treasury management products and deposit account control agreements.
• Provide legal support and advice for the Special Assets team regarding loan workout matters, including conducting legal research, loan documentation review, drafting forbearance agreements, loan modification documents, demand/default letters, and managing outside counsel relationships.
• Coordinate and work on various bank legal projects as determined by senior legal leadership.
• Manage outside counsel relationships as needed.
• Manage paralegals and other staff as needed.
• Support other areas of the Bank as needed or requested.

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.

Old National is proud to be an equal opportunity employer. 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 our Director of Talent Acquisition 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. Join our team!