Loan Support Consultant – Specialty
PNC
full-time
Posted on:
Location Type: Hybrid
Location: Pittsburgh • Ohio, Pennsylvania, Texas • 🇺🇸 United States
Visit company websiteSalary
💰 $45,000 - $85,100 per year
Job Level
JuniorMid-Level
About the role
- Applies specialty product knowledge to administer high complexity or high risk syndicated and/or commercial loan transactions with little or no oversight.
- May have responsibility for fulfilling key fiduciary obligations associated with the Banks Agent role; validating construction due diligence requirements; and/or monitoring construction progress and draw requirements.
- Directly interacts with high revenue/high profile corporate and/or commercial real estate clients.
- Reviews customized commercial, legal, and related due diligence documentation and reporting to ensure adherence to the highest complexity deal structures and/or regulatory compliance requirements.
- Determines and makes effective recommendation as to whether the deal can proceed as scheduled, or if additional documentation or escalation is required.
- Consults and advises customers, investors, capital markets loan syndications and/or commercial real estate deal teams, as well as external and internal business partners to execute transactions.
- Works with Relationship Manager to interpret applicable loan terms with client.
- Reviews transactions and related documents, including collateral and construction requirements.
- Verifies work processes to ensure completeness, accuracy, and conformance to credit approvals, legal documents, established service levels and applicable procedures.
- Determines whether loan disbursements can be made, or if additional documentation or escalations is required.
- Reviews reports to identify exceptions, monitor quality and ensure compliance.
- Participates in risk mitigation activities.
- Serves as a subject matter resource for the team.
- Independently conducts specialty product training and may create training materials.
Requirements
- Exposure to ACBS
- Wire transfer experience
- Loan administration experience
- Account reconciliation experience
- Excel spreadsheet familiarity
- Loan Servicing Experience
- Commercial Loan Knowledge
- Operations Experience
- university / college degree, with 2+ years of relevant professional experience.
- In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
Benefits
- medical/prescription drug coverage (with a Health Savings Account feature)
- dental and vision options
- employee and spouse/child life insurance
- short and long-term disability protection
- 401(k) with PNC match
- pension and stock purchase plans
- dependent care reimbursement account
- back-up child/elder care
- adoption, surrogacy, and doula reimbursement
- educational assistance, including select programs fully paid
- a robust wellness program with financial incentives
- maternity and/or parental leave
- up to 11 paid holidays each year
- 8 occasional absence days each year, unless otherwise required by law
- between 15 to 25 vacation days each year, depending on career level; and years of service
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
loan administrationaccount reconciliationcommercial loan knowledgeoperations experiencewire transfer experienceExcel spreadsheet familiarityloan servicing
Soft skills
consultingadvisingrisk mitigationcommunicationtraining
Certifications
university degreecollege degreejob specific certification