Commercial Credit Expert - Real Estate Banking
About The Position
The Commercial Credit Expert works within PNC's Real Estate Banking organization and is based in one of the listed locations: Pittsburgh, PA; Atlanta, GA; Boca Raton, FL; Cleveland, OH; Chicago, IL; Dallas, TX; or Washington, DC. The role provides risk management oversight for large institutional commercial real estate clients in assigned markets and helps maintain an appropriate risk profile for the loan portfolio. The position analyzes credit activities and approval processes, policy and procedural compliance, portfolio risk management, credit monitoring, and reporting. It assesses high-complexity credit extensions within prescribed approval authorities and has final approval authority on an obligor's risk rating. The role also analyzes credit facility structure and underwriting against credit policies, supports scorecard validation, testing, and maintenance, and evaluates portfolio issues, trends, root causes, and borrower risks in light of economic and regulatory developments. PNC describes itself as an in-office company. Occasional travel to other markets may be needed for site visits and in-person interaction with colleagues, clients, and prospects. The position is incentive eligible. PNC will not provide employment visa sponsorship or participate in STEM OPT for this position.
Requirements
- Typically requires a university or college degree; a bachelor's degree is listed in the education section.
- Industry experience is typically 8 or more years.
- Demonstrate the knowledge, skills, and abilities appropriate for the role.
- In lieu of a degree, a comparable combination of education, job-specific certifications, and experience, including military service, may be considered.
Nice To Haves
- Eight or more years of underwriting or credit experience, including prior client relationship experience and deal documentation.
- Experience as a commercial real estate finance professional identifying, analyzing, and mitigating risks of large transactions across national markets.
- Ability to communicate with relationship managers, underwriters, and service partners to determine loan structures aligned with PNC's risk appetite and client development goals.
- Flexibility to occasionally travel to other markets for site visits and in-person interactions with colleagues, clients, and prospects.
- Client relationship management experience.
- Experience through a full economic cycle.
- Higher education such as a master's degree or PhD is desirable.
Responsibilities
- Provide risk management oversight for large institutional commercial real estate clients within assigned markets.
- Communicate issues clearly and concisely to colleagues to support an appropriate risk profile for the loan portfolio.
- Escalate issues and questions to the manager or other colleagues as appropriate.
- Analyze business-segment activities, including credit approval processes, policy and procedural compliance, portfolio risk management, credit monitoring, and reporting.
- Analyze high-complexity credit extensions, including overdrafts, within prescribed approval authorities.
- Exercise final approval authority on an obligor's risk rating.
- Analyze credit facility structures and underwriting processes in the context of credit policies.
- Support scorecard validation, testing, and maintenance activities.
- Assess portfolio issues, trends, and root causes and analyze output to support decision-making.
- Review relevant reporting and assess trends to analyze risk in assigned credit portfolios.
- Maintain knowledge of economic, regulatory, and other trends affecting borrowers and incorporate relevant information into borrower assessments.
- Work with relationship managers, underwriters, and service partners to determine loan structures consistent with PNC's risk appetite and client development goals.
Benefits
- Medical and 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 and elder care.
- Adoption, surrogacy, and doula reimbursement.
- Educational assistance, including select programs that are fully paid.
- Wellness program with financial incentives.
- Maternity and/or parental leave.
- Up to 11 paid holidays each year.
- Nine occasional absence days each year, unless otherwise required by law.
- Between 15 and 25 vacation days each year, depending on career level and years of service.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
