Lending Transact Assoc Sr.

PNC • Cincinnati, OH

1d • $45,000 - $82,800 • Hybrid

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 Lending Transaction Associate Sr within PNC's Real Estate Closer Team organization, you will be based in Pittsburgh, PA, Cincinnati, OH, Portage, MI, or Denver, CO. The Lending Transaction Associate Sr will be responsible for closing loans from the real estate line of business. Will receive loans from multiple CLLO teams. Lending Transaction Associate Sr will be responsible for documenting, doing due diligence on issues, and booking loans into the booking and servicing system. Will be responsible for working with high complexity loans. Lending Transaction Associate Sr will have client interaction. Must be able to work in an fast paced environment, working with deadlines associated with closings that have to be me, and will see every type of loan that commercial banking works with. This position may be eligible for remote work in select geographic locations, subject to approval by PNC. If approved, work must be conducted from a quiet, secure, and confidential home-based workspace. Occasional in-office participation may be required based on business needs. PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Requirements

• Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role.
• 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.
• Roles at this level typically require a 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.

Nice To Haves

• Complex Transactions
• Documentations
• Due Diligence
• Finance Strategy
• Financial Operations
• Public Accounting
• Accuracy and Attention to Detail
• Collaborating
• Data Gathering and Reporting
• Decision Making and Critical Thinking
• Effective Communications
• Managing Multiple Priorities
• Negotiating
• Operational Functions
• Products and Services
• Regulatory Environment - Financial Services

Responsibilities

• Performs functions in the documentation, funding, and due diligence requirements of standard or complex transactions being financed by PNC, or bought from/sold to other institutions.
• Provides client-facing service.
• May provide on-the-job training or coaching.
• Determines, reviews and issues required legal documents for transactions while ensuring all terms are met.
• Negotiates documentation revisions and drafts changes independently, or in collaboration with client's counsel if necessary.
• Identifies deficiencies in documents for transactions being sold to or bought from institutions
• Interacts with internal and external clients to coordinate a closing schedule for transactions.
• Directs work flow as needed to ensure client expectations are met.
• Builds relationships with clients, legal counsel, vendors and internal partners.
• Gathers, reviews and analyzes all information from internal and external parties specific to transactions of increasing complexity.
• Resolves inquiries/issues as necessary.
• Complies with necessary regulations, internal procedures, and may assist in response to audit exceptions.
• Validates that transaction structures match pricing models.
• Assures perfection of security interest for transactions and/or requests approval for exceptions.

Benefits

• PNC offers a comprehensive range of benefits to help meet your needs now and in the future.
• Depending on your eligibility, options for full-time employees include: 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.
• In addition, PNC generally provides the following paid time off, depending on your eligibility: 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.
• To learn more about these and other programs, including benefits for full time and part-time employees, visit pncthrive.com.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees