Underwriter II - Commercial
About The Position
Works under limited supervision or independently. Using independent judgment to identify risks and mitigants, prepares and effectively recommends loan offerings based on scorecards, such as risk ratings, by analyzing credit, collateral strength and financial worthiness of loan/transaction parties and also may have limited approval and/or exception authority. Prepares offerings for specific transactions or in management of a portfolio as assigned and interacts with internal/external customers. May provide recommendations for credit structuring. Using independent judgment to identify risks and mitigants, prepares and effectively recommends loan offerings based on scorecards, such as risk ratings, by analyzing credit, collateral strength and financial worthiness of loan/transaction parties. If relevant, performs ongoing credit risk management for assigned portfolio. Contacts internal/external customers and other parties as appropriate to gather information and clarify inconsistent, incorrect or missing information. May include relevant pre-approval and post-approval activities. Performs or assists with the identification and/or confirmation of all external regulatory requirements. Ensures internal policies and procedures are followed. Makes recommendations on credit decisions or makes credit decisions directly as appropriate.
Requirements
- University/college degree with 2+ years of relevant professional experience, or a comparable combination of education, job-specific certification(s), and experience (including military service).
- Knowledge of underwriting.
- Credit Analysis and Verification.
- Financial Analysis.
- Decision Making and Critical Thinking.
- Information Capture.
- Accuracy and Attention to Detail.
- Managing Multiple Priorities.
- Office Support Tools.
- Operational Functions.
- Customer Focused: Knowledgeable of 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
- Credit Decisions
- Identifying Risks
- Process Improvements
- Results-Oriented
- Risk Assessments
Responsibilities
- Analyze credit, collateral strength and financial worthiness of loan/transaction parties.
- Prepare and recommend loan offerings based on scorecards and risk ratings.
- Manage assigned portfolio and perform ongoing credit risk management.
- Gather information and clarify inconsistencies from internal/external customers.
- Perform pre-approval and post-approval activities.
- Identify and confirm external regulatory requirements.
- Ensure internal policies and procedures are followed.
- Make or recommend credit decisions.
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
- between 15 to 25 vacation days each year, depending on career level and years of service
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
