Description:
Overview:Old National Bancorp (“Old National”) is the holding company of Old National Bank, which is the sixth largest commercial bank headquartered in the Midwest. With approximately $49 billion of assets and $28 billion of assets under management, Old National ranks among the top 30 banking companies headquartered in the U.S. and the sixth largest financial institution in the Midwest based on assets. Tracing our roots to 1834, Old National Bank has focused on community banking by building long-term, highly valued partnerships with clients and in the communities it serves. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management, investment, and capital market services. Old National provides these services primarily through its wholly-owned subsidiaries, Old National Bank and 1834 Investment Advisors Co., an SEC registered investment advisor.
Old National's primary footprint is currently in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, and Wisconsin. In addition, Old National recently announced its expansion through a proposed acquisition of CapStar Bank, a $3 billion asset bank headquartered in Nashville, Tennessee.
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.
Our team members are our greatest asset, and we continually invest in their growth and development. We offer 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 are focused and committed to our mission, vision and values, which include integrity, excellence, optimism, inclusion, collaboration and agility.
Job Summary:
Old National's Legal and Government Relations Department is seeking an attorney with strong academic credentials and professional experience capable of providing legal advice to our Commercial and Community lines of business, in addition to its Credit department.
This role would have a broad practice range within the Bank but will focus on supporting the making of commercial and consumer loans, the collection of commercial and consumer loans, and various commercial and consumer deposit product offerings. This role would also coordinate with other members of our Legal team to provide advice and guidance on a variety of other general banking matters.
Job Location:
We are an in-office working environment. The members of our Legal and Government Relations Department are primarily located in our Evansville, Indiana and Chicago (near O'Hare Airport) offices. Our preference is for the attorney to be located in one of these two offices. Other potential office locations where this attorney may be located include Old National offices in cities inside our primary footprint such as Indianapolis, Milwaukee and Minneapolis. This position's manager is located at the Evansville office.
Qualifications and Education Requirements:
- 2 or more years of experience working in a legal department of medium or large bank or financial institution. If experience is in private law setting, 2 or more years of experience with a major law firm and substantive experience with financial institutions.
- Minimum of 3 years' experience practicing law
- Admitted and in good standing in the bar of at least one of the following states: Illinois, Indiana, Kentucky, Michigan, Minnesota or Wisconsin. Preference will be given for the candidate to work in our Chicago, IL or Evansville, IN offices.
- Ability to apply sound and practical business judgment to legal matters
- Ability to consult with and advise management at all levels
- Strong written, oral and interpersonal communication skills
- Ability to work within a team environment
Desired Experience:
- Understanding of commercial and consumer loan documentation, including lien perfection, third party agreements, due diligence, and title insurance.
- Knowledge of commercial and consumer work-out and collection process.
- Understanding of deposit account and treasury management rules, agreements, and issues.
- Knowledge of general 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 strategic legal partner and advisor to the business teams
- Coordinate and work on various corporate projects as determined by senior legal leadership
Essential Duties and Responsibilities include:
- Provide legal support for special assets and consumer collections, answering questions, conducting legal research, reviewing loan files, and providing legal advice as-requested. Draft and negotiate documents to support these areas as-needed.
- Provide legal support for consumer and commercial lending teams, including conducting legal research, advising on documentation, procedures, lien perfection, and third party agreements. Work with lending, credit, and documentation teams to suggest loan structures and issue-spot.
- Provide legal support for retail deposit products and consumer banking matters as-requested.
- Provide legal support for commercial deposit products as-requested, including treasury management products and deposit account control agreements.
- Provide legal services and advice on general banking services.
- Support other areas of the Bank as needed or requested with various lending, loan documentation, collection, work-out, deposit, treasury management and general banking needs.
