Loan Closing Analyst Senior - Commercial

PNC•Calabasas, CA

23h•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 Loan Closing Analyst Senior - Commercial within PNC's Real Estate organization, you will be based in office within one of the posted locations. As an ideal Loan Closing Analyst Senior - Commercial candidate, you will be able to demonstrate strong expertise in Affordable Housing program documentation, including LURAs/Regulatory Agreements, Bond Indentures, and other required programmatic documents. Be proficient in leading internal, bond external, and borrower-facing calls; reviewing and reporting on monthly construction monitoring reports; and efficiently managing complex bond closing timelines, rate locks, closing conditions, and Preliminary Operating Statement requirements. 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. This role involves closing varied and more complex loans without supervision and disbursing loan funds. It requires preparing and/or reviewing all loan documents for completeness and accuracy with discretion, independently weighing financial risks, and reviewing documentation and verifying work processes to ensure completeness, accuracy and conformance to established service levels and applicable policies and procedures. The analyst reviews complex loan-closing documentation based on approval documentation, shares best practices with team members, recommends process improvements, and represents the department on projects and initiatives. They participate on deal teams with negotiations of legal documentation, review and validate due diligence, and partner with internal and/or external business partners to complete transactions. The role also involves identifying and addressing exceptions, escalating appropriately, and potentially interacting with customers or managing assigned accounts/portfolios. The analyst provides responses and documentation to inquiries and ad hoc requests and completes loan set up sheets and other necessary documentation for entry into the bank's loan system. They may schedule time frames for loan closings based on loan commitments and customer needs.

Requirements

Strong expertise in Affordable Housing program documentation, including LURAs/Regulatory Agreements, Bond Indentures, and other required programmatic documents.
Proficient in leading internal, bond external, and borrower-facing calls.
Proficient in reviewing and reporting on monthly construction monitoring reports.
Proficient in efficiently managing complex bond closing timelines, rate locks, closing conditions, and Preliminary Operating Statement 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.
Data Gathering and Analysis
Decision Making and Critical Thinking
Effective Communications
Managing Multiple Priorities
Negotiating
Operational Functions
Planning and Organizing
Problem Management Process
Products and Services
Standard Operating Procedures
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.
Bachelor's degree

Nice To Haves

Capital Management
Compliance Requirements
Corporate Accounting
Credit Assessment
Customer Experience (CX)
Customer Solutions
Documentations
Due Diligence
Process Improvements

Responsibilities

Closes varied and more complex loans without supervision and disburses loan funds.
Prepares and/or reviews all loan documents for completeness and accuracy with discretion.
Independently weighs financial risks.
Independently reviews documentation and verifies work processes to ensure completeness, accuracy and conformance to established service levels and applicable policies and procedures.
Reviews complex loan-closing documentation based on approval documentation.
Responsible for sharing best practices with team members and recommending process improvements.
Represents department on projects and initiatives.
Participates on deal team with negotiations of the legal documentation.
Reviews and validates due diligence associated with project or transaction with discretion.
Partners with internal and/or external business partners to route communications, documents or other action items to complete transactions.
Identifies and may address exceptions; escalates appropriately.
May interact with customers and/or have assigned accounts or portfolios.
Provides responses and documentation to inquiries and ad hoc requests.
Completes loan set up sheets and other necessary documentation for entry into the bank's loan system.
May schedule time frames at discretion for loan closings in light of loan commitments and customer needs.
Demonstrate strong expertise in Affordable Housing program documentation, including LURAs/Regulatory Agreements, Bond Indentures, and other required programmatic documents.
Be proficient in leading internal, bond external, and borrower-facing calls.
Reviewing and reporting on monthly construction monitoring reports.
Efficiently managing complex bond closing timelines, rate locks, closing conditions, and Preliminary Operating Statement requirements.

Benefits

Medical/prescription drug coverage (with a Health Savings Account feature)
Dental options
Vision options
Employee and spouse/child life insurance
Short and long-term disability protection
401(k) with PNC match
Pension plans
Stock purchase plans
Dependent care reimbursement account
Back-up child/elder care
Adoption reimbursement
Surrogacy reimbursement
Doula reimbursement
Educational assistance, including select programs fully paid
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