Lending Transaction Associate Senior

PNC Bank•Cincinnati, OH

2d•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 an Lending Transaction Associate Sr within PNC's EF Documentation Direct organization, you will be based in Pittsburgh, PA; Cleveland, OH; or Cincinnati, OH. Core hours for this role are Monday – Friday, 8:00 am EST – 5:00 pm EST but is subject to business need. The Lending Transaction Associate Sr is responsible for supporting lending transactions with a primary focus on documenting and executing deals on the Specialty Documentation Team, ensuring accuracy, compliance, and timely delivery. This role manages incoming deal requests from Sales by reviewing due diligence materials and credit approvals, preparing and validating loan and lease documentation using established procedures and a centralized document library, and entering all required deal data into systems including LeaseWave. The associate coordinates closely with internal and external business partners to facilitate a smooth closing process. We seek motivated, driven and creative individuals that enjoy working as part of a team in a high energy environment which thrives on innovation and ingenuity. You will work together to create new solutions which will provide our clients with an exceptional customer experience. Valued opinions, supported by collaborative teams, impact the success of the Commercial Lending & Leasing Operations organization. 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

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

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

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.