Lending Transaction Associate

PNC

2d • $37,003 - $77,050 • Remote

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 within PNC's Business Banking organization, you will be based remotely. 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. Job Description 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. May provide client-facing service directly or with senior coordinators and interact with external business partners. May provide on-the-job training or coaching. Determines, reviews and issues required legal documents for transactions while ensuring all terms are met. Prepares and issues legal documents to client for complex transactions. Interacts with internal and external contacts to gather necessary information and coordinate closing. Directs work flow as needed to ensure client expectations are met. Builds relationships with legal counsel, vendors and internal partners. Gathers, reviews and analyzes all information from internal and external parties specific to transactions, some of which are complex. 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 potential for perfection of security interest for transactions and/or requests approval for exceptions. 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.

Requirements

• Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role.
• Roles at this level typically require a university / college degree with < 1 year of professional experience and/or successful completion of a formal development program.
• In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
• Accuracy and Attention to Detail
• Collaborating
• Data Gathering and Reporting
• Decision Making and Critical Thinking
• Effective Communications
• Managing Multiple Priorities
• 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.
• May provide client-facing service directly or with senior coordinators and interact with external business partners.
• May provide on-the-job training or coaching.
• Determines, reviews and issues required legal documents for transactions while ensuring all terms are met.
• Prepares and issues legal documents to client for complex transactions.
• Interacts with internal and external contacts to gather necessary information and coordinate closing.
• Directs work flow as needed to ensure client expectations are met.
• Builds relationships with legal counsel, vendors and internal partners.
• Gathers, reviews and analyzes all information from internal and external parties specific to transactions, some of which are complex.
• 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 potential for 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.

What This Job Offers

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