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Banking Counsel - Lending and Credit

Old National Bank
vision insurance, 401(k)
United States, Illinois, Chicago
Nov 19, 2024

Banking Counsel - Lending and Credit
Job Locations

US-IL-Chicago | US-IN-Evansville | US-IN-Indianapolis | US-WI-Milwaukee | US-TN-Nashville | US-MN-St Louis Park


Category/Function
Legal

Position Type
Regular Full-Time

Requisition ID
2024-15342

Workplace Type
On Site



Overview

Old National Bank has been serving clients and communities since 1834. With approximately $53 billion in total assets and an additional $30 billion of assets under care, we are a regional bank deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams and 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. A unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

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 by helping our team members balance work life with home life, we create a more productive workforce and a stronger company.

Job Summary
Old National's Legal and Government Relations Department is seeking an attorney with strong academic credentials and general banking experience capable of providing legal advice to our Commercial and Community lines of business as well as our Credit department. This role would have a broad practice range within the Bank and will focus on commercial and consumer loans of various types, commercial and consumer deposit product offerings and legal advice and guidance on a variety of other general banking matters, including small estate affidavits, powers of attorney, custodians, executors and guardians.

Job Location

We are an in-office working environment. The members of our Legal and Government Relations Department are located in our Chicago, Evansville and Indianapolis offices. Our preference is for the attorney to be located in one of these three offices. Other potential office locations where this attorney may be located include Old National offices in cities inside our primary footprint such, for example, as Milwaukee, Minneapolis or Nashville.

Qualifications and Education Requirements

    Minimum of 5-10 years' continuous 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 Illinois or Indiana, 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 timely deliver high quality work product.
  • Ability to work within a team environment.

Desired Experience

  • 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.
  • Understanding of deposit account and treasury management rules, agreements and issues.
  • Knowledge of federal and applicable state banking laws and regulations.
  • 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.
  • Serve as a trusted, valued and strategic legal partner and advisor to the Bank's business teams.

Essential Duties and Responsibilities Include

  • Provide legal support for commercial and consumer lending teams, including conducting legal research, advising on loan structures, documentation, procedures, lien perfection and third-party agreements.
  • Provide legal support for retail deposit products and consumer banking matters.
  • Provide legal support for commercial deposit products, including treasury management products and deposit account control agreements.
  • Provide legal support and advice on general banking matters, including responding to questions from our banking centers.
  • Coordinate and work on various banking projects as determined by senior legal leadership.
  • Support other areas of the Bank as needed or requested.

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 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!



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