Field Examiner - Business Credit

PNC • Philadelphia, PA

80d

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 Field Examiner within PNC's Business Credit organization, you will be based in/around Philadelphia, PA. PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Requirements

• Minimum 3+ years of Asset Based Lending (ABL) Field Exam experience.
• Familiarity with corporate accounting through coursework and/or job experience.
• Advanced Excel skills.

Nice To Haves

• Budget Management
• Business Administration
• Corporate Finance
• Credit Decisions
• Financial Accounting
• Financial Management
• Financial Operations
• Investment Strategies
• Legal Operations

Responsibilities

• Leads moderately complex Field Examinations on existing and prospective borrowers and assists on Field Examinations led by other examiners.
• Performs independent analysis on existing and prospective Borrower's collateral records and financial reports to determine / assess collateral values that secure loans and to identify and highlight areas of collateral weakness or deterioration.
• Evaluates accounting system controls data integrity, and managerial control oversight.
• Reviews and evaluates borrowers accounting personnel.
• Prepares Field Examination reports and supporting workpapers that highlight germane findings and material variances found, conclusions reached, and related recommendations for improvement if necessary.
• Communicates and escalates significant exam findings, concerns, delays, or borrower limitations to lending and credit personnel.
• Identifies and reports matters related to collateral risk.
• Makes recommendations as it relates to the collateral supporting the loan and/or issues and concerns that are raised during the Field Exam due diligence process.
• Participates in meetings with the Relationship Manager and/or existing Borrower’s representatives to discuss any collateral issues/areas of concern.
• Confirms proper reporting of collateral on the Borrowing Base Certificates.
• Ensures that the Borrowing Base is in-compliance and being managed per the terms and conditions stipulated in the Loan Approval.
• Manages the due diligence process and directs the daily progress of field work performed by the other Field Examiners assigned to the Examination.
• Trains junior and new Field Examiners.

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
• Between 15 to 25 vacation days each year, depending on career level and years of service.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees