PNC-posted 3 months ago
$28,000 - $51,000/Yr
Full-time • Entry Level
Brecksville, OH
5,001-10,000 employees

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success. As a Collateral Processor within PNC's Collateral Servicing organization, you will be based in Brecksville, OH. Hours for this position are 8:00 am - 4:30 pm EST. This is an in-office role, Monday - Friday, based at PNC's Brecksville, OH location. As a Collateral processor, once a loan pays off, you will process the release of liens on all types of collateral. You will be working out of a shared inbox in our processing system. You are responsible for preparing the satisfaction documents based on the collateral type. This involves verifying the specific jurisdiction requirements and calculating the recording fees. Work is reviewed by an independent quality review team for accuracy and will be returned to you for correction if any errors are identified. In addition, the team works out of a group mailbox handling requests/ inquiries for satisfactions on liens from predecessor banks. They conduct due diligence to ensure PNC has no interest in the collateral and will process the satisfactions for these accounts as well. Each type of collateral has a slightly different process which you will be trained on. In this Production Environment, you are expected to perform at a minimum of 100% efficiency with a 96% accuracy. Common types of Collateral are as follows: Mortgages, Assignments of Rents and Leases, Vehicles, Boats, Airplanes, Trains, Brokerage Accounts, UCC’s. We seek motivated, driven and creative individuals that enjoy working as part of a team in a high energy environment which thrives on innovation and ingenuity. You will work together to create new solutions which will provide our clients with an exceptional customer experience. Valued opinions, supported by collaborative teams, impact the success of the Commercial Lending Operations organization.

  • Utilizing standard procedures, executes standard collateral processing activities.
  • Processes collateral activities, including perfections, continuations and releases, in accordance with established policies, procedures and regulations.
  • Partners with internal and/or external business partners to route communications, documents or other action items to complete transactions.
  • Identifies and may resolve exceptions and escalates appropriately.
  • Ensures the appropriate materials and documentation are available to complete transactions.
  • Provides responses and documentation to inquiries and ad hoc requests.
  • Completes research.
  • Provides feedback on workflow and work received.
  • Reviews transactions and related documents.
  • Verifies work processes to ensure completeness, accuracy and conformance to established service levels and applicable policies and procedures.
  • 1+ years of related experience.
  • Knowledge of collateral processing activities.
  • Ability to manage multiple priorities.
  • Strong attention to detail and accuracy.
  • Business Administration
  • Corporate Finance
  • Documentations
  • Economic Policy
  • Investment Management
  • Legal Operations
  • Real Estate
  • Trading Strategies
  • 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
  • Robust wellness program with financial incentives
  • Paid time off including maternity and/or parental leave, paid holidays, occasional absence days, and vacation days
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