Lending Transaction Associate Senior - Midland

PNC Bank•Overland Park, KS

9d•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 Lending Transaction Associate Senior within PNC's Midland organization, you will be based within the PNC Midland footprint. As a Senior Lending Transaction Coordinator within PNC's Special Servicing department, you will be responsible for coordinating the closing of resolutions involving specially serviced loans. Resolution types include assumptions, receiver sales, forbearances, modifications, foreclosures, REO sales, discounted payoffs, full payoffs, deeds in lieu of foreclosure, settlement agreements, note sales, and partial releases. The Senior Lending Transaction Coordinator will monitor each closing to ensure all requirements have been satisfied and all necessary documentation is complete. This position is also responsible for routing documents to the Quality Control (QC) team for review and approval prior to execution, as well as overseeing the execution process. Post-closing responsibilities include processing and posting closing funds, routing executed documents to the appropriate parties, and uploading documents to the required systems for retention. Experience with commercial lending legal documentation is preferred, along with strong communication, organizational, and attention-to-detail skills. PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals. PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Requirements

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.
Bachelors
No Required Certification(s)
No Required License(s)
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.

Nice To Haves

Experience with commercial lending legal documentation is preferred
Strong communication, organizational, and attention-to-detail skills
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.