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Old National BancorpAsset Management Analyst
Updated · Reviewed by the Dataford team

Old National Bancorp Asset Management Analyst interview questions & guide 2026

Every question Old National Bancorp interviewers actually ask, the frameworks that win the room, and the language hiring managers respond to.

5 rounds · ≈ 4-6 weeks
1
Recruiter Screen
2
Interviews with Managers
3
Technical Phone Screens
4
In-Person or Virtual Panels
5
Final-Round Interviews

1. What is a Asset Management Analyst at Old National Bancorp?

The Asset Management Analyst at Old National Bancorp serves as a vital contributor to the firm’s investment strategy and portfolio oversight. This role is essential for maintaining the integrity of client assets, ensuring that investment vehicles align with risk mandates, and supporting the broader portfolio construction process. You will work closely with senior investment professionals to analyze market trends, evaluate asset performance, and provide the quantitative backbone for critical investment decisions.

Your day-to-day impact involves synthesizing complex financial data into actionable insights. You will be responsible for monitoring risk-adjusted returns, specifically focusing on the Sharpe ratio, to ensure that the firm’s investment strategies remain efficient. Whether you are conducting deep-dive valuation analysis on potential holdings or contributing to the firm's quarterly market outlook, your work directly informs how capital is deployed across various asset classes.

This role is highly collaborative, bridging the gap between raw data analysis and strategic client communication. You will gain exposure to diverse investment products and contribute to the firm's reputation for prudent, performance-driven management. Success in this role requires a blend of rigorous technical proficiency and the ability to articulate complex investment theses clearly to stakeholders across the organization.

2. Common Interview Questions

The interview process at Old National Bancorp focuses on your ability to bridge the gap between technical financial analysis and practical investment application. The following questions are representative of the patterns observed in our hiring loops.

Finance & Accounting

These questions assess your foundational knowledge of financial statements, valuation methodologies, and the mechanics of investment analysis.

  • Walk me through the three financial statements and how they link together.
  • How would you value a company using a DCF analysis, and what are the most sensitive inputs?

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03 · Question bank

The questions most likely to come up

Sorted by relevance to this company
Covariance and Correlation for CommitteesHard
Calculate covariance and correlation for two asset classes and explain their implications for diversification and portfolio risk.
CorrelationVariancerisk modeling
Trace How the Three Statements ConnectEasy
Explain how net income flows into cash and the balance sheet using a simple three-statement bridge.
Accounting FundamentalsFinancial Modeling
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3. Getting Ready for Your Interviews

Preparation for the Asset Management Analyst role requires a disciplined approach that balances technical rigor with a clear, commercial mindset. You must be prepared to demonstrate that you can handle the analytical demands of the desk while also showing that you understand the broader economic environment in which Old National Bancorp operates.

Technical Knowledge – You must possess a rock-solid understanding of corporate finance, accounting principles, and valuation techniques. Interviewers will test your ability to perform mental math and explain the mechanics of a DCF or relative valuation under time pressure.

Commercial and Market Awareness – You should have a well-developed stock pitch ready to present. This includes not just the thesis, but also a thorough understanding of the company's competitive landscape, risks, and valuation relative to peers.

Problem-Solving and Structured Thinking – Whether you are discussing asset allocation or a specific security, your answers must be structured and logical. Use a top-down approach: start with the conclusion, provide supporting data, and summarize the implications for the portfolio.

Fit and Motivation – Be prepared to discuss your career trajectory and why Old National Bancorp is the right platform for your growth. Highlight your interest in long-term wealth management and your desire to contribute to a collaborative, high-performance team.

4. Interview Process Overview

The hiring process for this role is designed to identify candidates who possess both the intellectual capacity for complex analysis and the diligence required for a highly regulated environment. You should expect a multi-stage process that begins with a recruiter screen to verify your background and interest, followed by interviews with hiring managers and team members from the investment or credit departments.

The pace can be rapid once the process begins. You will likely face a mix of technical phone screens and in-person or virtual panels. The firm places a high premium on accuracy and professional communication, so ensure your resume is a perfect reflection of your experience and that you are prepared to walk through your past projects in detail.

06 · The loop

The interview process, end to end

≈ 4-6 weeks · 5 rounds
1
Recruiter Screen

Initial screening to verify your background and interest in the role.

2
Interviews with Managers

Interviews with hiring managers and team members from investment or credit departments.

3
Technical Phone Screens

Phone interviews focusing on technical skills and knowledge relevant to the role.

4
In-Person or Virtual Panels

Panel interviews conducted either in-person or virtually to assess fit and technical abilities.

5
Final-Round Interviews

Final interviews with key stakeholders to evaluate overall fit and technical expertise.

The visual timeline above illustrates the typical progression from an initial recruiter screen to final-round interviews. Candidates should interpret this as a structured funnel where each stage builds on the last; ensure you are prepared to discuss your technical work in depth by the time you reach the hiring manager rounds.

5. Deep Dive into Evaluation Areas

Portfolio Construction & Strategy

This area evaluates your ability to think like an investor. You will be tested on how you allocate capital across different sectors and asset classes to achieve specific client goals.

  • Risk-adjusted returns – Focus on how you balance yield against downside protection.
  • Asset allocation – Understand the interplay between equities, fixed income, and alternatives.
  • Market outlook – Be prepared to synthesize current macroeconomic data into a clear investment view.
08 · Topic breakdown

What they actually test for

Topic distribution
All topics
Portfolio ConstructionAsset Management FundamentalsCredit Structure UnderstandingInvestment AnalysisCredit Staff Interaction / Credit Due Diligence

6. Key Responsibilities

As an Asset Management Analyst, you are the primary engine for the team's analytical output. You will spend a significant portion of your day maintaining financial models, updating valuation templates, and drafting reports that summarize performance metrics for senior management.

Collaboration is key; you will frequently interact with credit staff, client-facing advisors, and compliance teams to ensure that all investment activities remain within the firm's established mandates. You will also participate in regular investment committee meetings, where you may be asked to defend your analysis of a specific security or provide data to support a shift in asset allocation.

7. Role Requirements & Qualifications

A successful candidate for this role must demonstrate a balance of technical capability and professional polish.

  • Technical Skills – Advanced proficiency in Excel is mandatory. Experience with Bloomberg or similar financial data terminals is highly preferred. A deep understanding of accounting, specifically the ability to model a company's cash flow, is a must-have.

  • Experience Level – Typically, 1–3 years of experience in finance, accounting, or a related analytical field is ideal.

  • Soft Skills – Strong verbal and written communication skills are essential, as you will be responsible for summarizing complex data for internal and external stakeholders.

  • Must-have skills – Financial statement analysis, valuation modeling, proficiency in Microsoft Office suite, and a strong grasp of market mechanics.

  • Nice-to-have skills – Progress toward a CFA designation or a background in credit analysis.

8. Frequently Asked Questions

Q: How difficult are the technical portions of the interview? A: You should expect a moderate to high level of difficulty. The interviewers will focus on the "why" behind the numbers, so ensure you can explain the logic behind your valuation models rather than just reciting formulas.

Q: What is the culture like at Old National Bancorp? A: The culture is professional and collaborative, with a strong emphasis on risk management and long-term stability. You will find that team members value accuracy and clear, concise communication.

Q: How can I differentiate myself from other candidates? A: The strongest candidates are those who demonstrate genuine curiosity about the markets. If you can speak confidently about a recent trend in asset allocation or a specific sector shift, you will stand out immediately.

9. Other General Tips

  • Own your resume: Every line on your resume is fair game. Be prepared to discuss any project or role in extreme detail, especially regarding your specific contribution.
  • Master the fundamentals: If you cannot explain the three financial statements, you will struggle. Spend time ensuring these concepts are second nature.
  • Structure your answers: Use the STAR method (Situation, Task, Action, Result) for behavioral questions to keep your responses focused and impactful.
  • Keep up with markets: Read financial news daily. You should be able to discuss at least two or three major market events and how they might affect an investment portfolio.

10. Summary & Next Steps

The Asset Management Analyst role at Old National Bancorp offers a unique opportunity to grow as an investment professional within a stable, reputable firm. By focusing on your technical proficiency, maintaining a sharp focus on market trends, and clearly articulating your investment philosophy, you will be well-positioned to succeed. We encourage you to explore additional interview insights, practice questions, and preparation resources on Dataford to further sharpen your competitive edge.

14 · Compensation

What this role pays

2 reports
USUSD
Estimated total compLow confidence · 2 data points
$0k-$0k
Median $92k / year
Base salary · 100%Stock (RSU) · 0%Cash bonus · 0%
25thEntry / smaller markets
$62k
50thTypical offer
$92k
90thTop performers / major metros
$122k
Breakdown by component
Base salary
100% of total
$62k$122k
$92k
median
Stock (RSU)
0% of total
$0$0
$0
median
Cash bonus
0% of total
$0$0
$0
median
Aggregated from 2 self-reported salaries via Glassdoor. Estimates only. Verify against your offer.

The compensation data provided above reflects the typical range for this position, encompassing base salary and potential performance-based components. Candidates should interpret these figures as a benchmark for the role's seniority and the firm's commitment to attracting top-tier analytical talent.

15 · More at this company

Other roles at Old National Bancorp

17 · FAQ

Old National Bancorp Asset Management Analyst interview FAQ

Answered from real candidate and compensation data
How many interview rounds does Old National Bancorp have for an Asset Management Analyst?
Based on reported process steps, the loop starts with a recruiter screen, then includes interviews with managers. After that, you may go through technical phone screens and in-person or virtual panel interviews, followed by final-round interviews with key stakeholders.
How difficult is it to get an offer for Old National Bancorp Asset Management Analyst?
Candidates reported the overall difficulty as average, with 3 reported interviews total. The offer rate is 67%, so competition is real but not the hardest end of the scale.
What technical topics does Old National Bancorp test for Asset Management Analyst interviews?
Interview topics emphasized include portfolio construction, investment analysis, and asset management fundamentals. You should also be ready for fixed income and credit product familiarity, credit structure and credit due diligence, and credit analysis frameworks. On the quant side, expect metrics and statistics like covariance and correlation for committees, and performance/risk thinking related to Sharpe ratio and volatility versus returns.
What kinds of questions should I practice for Old National Bancorp Asset Management Analyst?
Practice finance and portfolio construction explanations, including concepts like covariance and correlation for committees. You may also be asked job-change timing questions, such as job change timing related to your career story.
What compensation does Old National Bancorp pay for an Asset Management Analyst?
Compensation reports show a base range starting at $62.3k, and total compensation reaching up to $122.4k. The exact pay can vary by level and location, based on candidate and job-posting reports.
What should I prioritize when preparing for the Old National Bancorp Asset Management Analyst interviews?
Prioritize being able to connect quantitative analysis to portfolio decisions, especially portfolio construction and risk-adjusted performance, including Sharpe ratio thinking. Be ready to discuss credit and fixed income concepts, such as how credit due diligence and interest rate effects tie into valuation and investment outcomes. Finally, prepare clear fit and motivation answers that cover your career timing and why you are moving roles.