Lending Transaction Associate Sr.
About The Position
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.
Requirements
- 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 degree
- 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
- Complex Transactions
- Documentations
- Due Diligence
- Finance Strategy
- Financial Operations
- Public Accounting
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
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What This Job Offers
Job Type
Full-time
Career Level
Senior
