Consumer Credit Expert - AMG

PNC•Washington, DC

8d•$100,000 - $261,950•Onsite

About The Position

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 Consumer Credit Expert to support the Asset Management Group (AMG) within PNC's Credit Risk Management organization, you will be based in Pittsburgh, PA / Birmingham, AL / Charlotte, NC / Philadelphia, PA / Cleveland, OH / Washington, DC / New York City / Tysons Corner, VA / Nashville, TN or Raleigh, NC. This role is 2LOD Credit Risk oversight of AMG. Primary responsibilities for the role entail Commercial Credit transaction approvals for AMG, oversight of portfolio including monitoring the portfolio, observing performance, reporting on trends, working closely with AMG Credit Sales & Underwriting teams as a credit expert, participating in strategic deal review discussion leading the Credit team on behalf of 2LOD Credit risk. In addition to AMG, this position also requires deep expertise in Small Business and commercial credit products, underwriting standards, portfolio risk management, and end‑to‑end credit processes. Job Description Reviews activities associated with applicable business segment, including the credit approval process, policy and procedural compliance and portfolio risk management, credit monitoring, and reporting. Maintains in depth knowledge of consumer credit policy and ensures adherence to policy. Deploys appropriate monitoring mechanisms of early performance to manage expected outcomes. Monitors credit by leveraging relevant reporting and assessing trends to identify risk incidences, requests ad - hoc analytics from APM, oversees follow-up, and analyzes output to inform decision - making. Manages and updates credit transaction models utilized within defined asset class and activity and ensures adherence to model management processes (i.e., model validation, testing, maintenance) by ensuring the appropriate resources are in place to adhere to MRMG guidance. Follows and recognizes economic, regulatory, and other trends affecting borrowers and initiates relevant analyses, by leveraging key analytic partners, and discussions to determine potential impacts on policy. Reviews validation outputs on data produced and delivered; ensures that work set is completed and that the right conversations are taking place to execute deliverables. PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be: Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions. Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.

Requirements

PNC Commercial Underwriting experience required
Experience working with PNC Policy & Procedure
Familiarity structuring credit deal transactions in a 2LOD role
8+ years of industry experience required
Analytical thinking -knowledge of techniques and tools that promote effective analysis and ability to determine the root cause and create alternative solutions to resolve the problem.
Credit Risk-knowledge of processes, tools and techniques used to determine the degree of credit risk in a transaction or customer relationship; ability to assess, rate and manage exposure to credit risk.
Ability to work independently, make recommendations, advise on deal discussions with recommendations of alternative structures, challenge business when appropriate to maintain risk appetite
Understand financial analysis, industry trends, deal structures, PNC's credit risk appetite and applying PNC policy
Portfolio Management-Knowledge of and ability to create, implement and evaluate and enhance risk management policy and procedures, working closely with AMG partners.
Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.
Bachelors degree
This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.

Nice To Haves

Wealth Management experience may be preferred

Responsibilities

Commercial Credit transaction approvals for AMG
Oversight of portfolio including monitoring the portfolio, observing performance, reporting on trends
Working closely with AMG Credit Sales & Underwriting teams as a credit expert
Participating in strategic deal review discussion leading the Credit team on behalf of 2LOD Credit risk
Reviews activities associated with applicable business segment, including the credit approval process, policy and procedural compliance and portfolio risk management, credit monitoring, and reporting.
Maintains in depth knowledge of consumer credit policy and ensures adherence to policy.
Deploys appropriate monitoring mechanisms of early performance to manage expected outcomes.
Monitors credit by leveraging relevant reporting and assessing trends to identify risk incidences, requests ad - hoc analytics from APM, oversees follow-up, and analyzes output to inform decision - making.
Manages and updates credit transaction models utilized within defined asset class and activity and ensures adherence to model management processes (i.e., model validation, testing, maintenance) by ensuring the appropriate resources are in place to adhere to MRMG guidance.
Follows and recognizes economic, regulatory, and other trends affecting borrowers and initiates relevant analyses, by leveraging key analytic partners, and discussions to determine potential impacts on policy.
Reviews validation outputs on data produced and delivered; ensures that work set is completed and that the right conversations are taking place to execute deliverables.

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
9 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