Senior Field Examiner - Business Credit
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 Senior Field Examiner within PNC's Business Credit Organization, you will be based remotely in California. Candidates with field exam experience are strongly preferred. 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. Leads complex Field Examinations on existing borrowers and assists on Field Examinations led by other examiners. Examinations may take place fully onsite at Borrower locations or in a hybrid on-site/remote environment. Performs independent analysis on existing Borrower's collateral records and financial reports to determine / assess collateral values that secure loans and to identify and highlight areas of collateral weakness or deterioration. Evaluates accounting system controls, data integrity, managerial control oversight and borrower’s accounting personnel. Verifies that collateral is being reported and managed per the terms and conditions stipulated in the Loan Document. Prepares the more complex Field Examination reports and supporting workpapers that highlight germane findings and material variances found, conclusions reached, and related recommendations for improvement if necessary. Such reports are utilized by Portfolio Management and/or Credit Approval Committee to verify and/or determine the credit worthiness of collateral securing the existing and/or prospective loans and to make informed credit decisions. Communicates and escalates significant exam findings, concerns, delays, or borrower limitations to lending and credit personnel. Participates in meetings with the Relationship Manager, deal team (Field Examiners, Appraisers, Underwriters, Business Development Officers, and Credit Policy Manager) and/or existing or prospective Borrower’s representatives (typically the CFO, CEO and/or Controller of the company) to discuss any collateral issues/areas of concern. Confirms proper reporting of collateral on the Borrowing Base Certificates. Ensures that the Borrowing Base is in-compliance and being managed per the terms and conditions stipulated in the Loan Approval. When leading an Examination, manages the due diligence process and directs the daily progress of field work performed by the other Field Examiners assigned to the Examination to ensure all assignments and duties are completed in an accurate and timely manner. Trains junior and new Field Examiners. Evaluates junior / new field examiners progress and reports such to the Recurring Business Regional Field Examination Manager. 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
- University / college degree, with 3+ years of relevant / direct industry experience.
- In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
Nice To Haves
- Candidates with field exam experience are strongly preferred.
Responsibilities
- Leads complex Field Examinations on existing borrowers and assists on Field Examinations led by other examiners.
- Performs independent analysis on existing Borrower's collateral records and financial reports to determine / assess collateral values that secure loans and to identify and highlight areas of collateral weakness or deterioration.
- Evaluates accounting system controls, data integrity, managerial control oversight and borrower’s accounting personnel.
- Verifies that collateral is being reported and managed per the terms and conditions stipulated in the Loan Document.
- Prepares the more complex Field Examination reports and supporting workpapers that highlight germane findings and material variances found, conclusions reached, and related recommendations for improvement if necessary.
- Communicates and escalates significant exam findings, concerns, delays, or borrower limitations to lending and credit personnel.
- Participates in meetings with the Relationship Manager, deal team (Field Examiners, Appraisers, Underwriters, Business Development Officers, and Credit Policy Manager) and/or existing or prospective Borrower’s representatives (typically the CFO, CEO and/or Controller of the company) to discuss any collateral issues/areas of concern.
- Confirms proper reporting of collateral on the Borrowing Base Certificates.
- Ensures that the Borrowing Base is in-compliance and being managed per the terms and conditions stipulated in the Loan Approval.
- Manages the due diligence process and directs the daily progress of field work performed by the other Field Examiners assigned to the Examination to ensure all assignments and duties are completed in an accurate and timely manner.
- Trains junior and new Field Examiners.
- Evaluates junior / new field examiners progress and reports such to the Recurring Business Regional Field Examination Manager.
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
