B737-300
Flight Crew Last 90 Days 137; Flight Crew Type 1284
Situational Awareness; Human-Machine Interface
Deviation / Discrepancy - Procedural Published Material / Policy; Inflight Event / Encounter CFTT / CFIT
Flight Crew Became Reoriented
Human Factors
Cleared for a night; visual approach to Runway 31L at DAL from a left base just outside downtown.  ILS was tuned up and also loaded in FMS with extension off of JAKID.  First Officer overcorrected for overshooting final which positioned aircraft left of centerline.  Received 'Caution Obstacle;' and corrected flight path by correcting to centerline and continued visual approach with downtown (Obstacle Alert) clearly in sight and aircraft was in a safe position for landing.  Stable with proper runway alignment at 1;000 feet.  Crew should have made a go-around due to receiving the GPWS caution at night; regardless of being visual with obstacle IAW Company procedures. Increase spatial situational awareness with the cross-cockpit turn to final by maintaining a better scan both inside and out.  Never get complacent on a visual approach.  Solicit information from Captain if needed.
We were cleared for a night visual approach to 31L in DAL. We were on a left base just outside of downtown. 31L was tuned in and centerline extended off of JAKID. When the First Officer started to turn final a slight tailwind was pushing him. He stated he was correcting to final which I said was no problem but he overcorrected and put us a little close to downtown where we got a Caution Obstacle. The First Officer corrected his flight path and corrected back to centerline. We had downtown clearly in sight and continued the visual approach stable at 1;000 feet. Really hate that we did not perform a Company procedure mandatory go-around. Just because you've got downtown clearly in sight; you just don't know. Per Company procedures; we should have gone around no questions asked! Added 10 minutes to our flight and come back around. We can't be relaxed even on a visual approach. I plan on being more vigilant and keeping a better scan.
Air carrier flight crew reports an EGPWS 'Caution Obstacle' warning during a night visual approach to Runway 31L due to an overshoot to the left. The flying First Officer corrects to centerline and continues to a normal landing in violation of company SOP.