Underwriter II - Commercial

PNC•Home Location-OH (OHH01), OH

3d•$75,000 - $125,000•Remote

About The Position

The Underwriter II - Commercial works under limited supervision or independently within PNC’s Central Credit Products Group. The role uses independent judgment to identify risks and mitigants and to prepare and recommend loan offerings based on scorecards, including risk ratings. This involves analyzing credit, collateral strength, and the financial worthiness of transaction parties. The underwriter may have limited approval or exception authority and may recommend credit structuring. The position may focus on specific transactions or management of an assigned portfolio, including ongoing credit risk management when relevant. It also involves communicating with internal and external customers, gathering information, clarifying discrepancies or missing information, supporting relevant pre- and post-approval activities, and ensuring applicable regulatory requirements and internal policies are followed. Credit decisions may be recommended or made directly, as appropriate. The position is based remotely, subject to approval for eligible geographic locations. Approved remote work must be conducted from a quiet, secure, confidential home workspace, and occasional in-office participation may be required based on business needs. PNC does not provide employment visa sponsorship or participate in STEM OPT for this position.

Requirements

A university or college degree, typically a bachelor’s degree, or a comparable combination of education, job-specific certifications, and experience, including military service.
At least 2 years of relevant professional experience, or an equivalent combination of education, job-specific certifications, and experience.

Nice To Haves

Credit decision-making skills.
Decision-making skills.
Financial analysis skills.
Ability to identify risks.
Process improvement skills.
Results-oriented approach.
Risk assessment skills.
Accuracy and attention to detail.
Credit analysis and verification.
Critical thinking.
Effective communication.
Information capture.
Knowledge of underwriting.
Ability to manage multiple priorities.
Knowledge of office support tools and operational functions.

Responsibilities

Analyze credit, collateral strength, and the financial worthiness of loan or transaction parties to identify risks and mitigants.
Prepare and effectively recommend loan offerings based on scorecards, such as risk ratings.
Prepare offerings for specific transactions or manage an assigned portfolio.
Perform ongoing credit risk management for an assigned portfolio when relevant.
Contact internal and external customers and other parties to gather information and clarify inconsistent, incorrect, or missing information.
Perform or assist with identifying and confirming external regulatory requirements.
Ensure internal policies and procedures are followed.
Recommend credit decisions or make credit decisions directly, as appropriate.
Provide recommendations for credit structuring when appropriate.

Benefits

Medical and prescription drug coverage, including 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 plan.
Stock purchase plan.
Dependent care reimbursement account.
Back-up child and elder care.
Adoption, surrogacy, and doula reimbursement.
Educational assistance, including select fully paid programs.
Wellness program with financial incentives.
Maternity and/or parental leave, depending on eligibility.
Up to 11 paid holidays each year, depending on eligibility.
9 occasional absence days each year, unless otherwise required by law, depending on eligibility.
15 to 25 vacation days each year, depending on career level and eligibility.
Incentive compensation based on company, business, and/or individual performance.