UW Analyst- Commercial

PNC • Lakewood, CO

9d • $34,000 - $73,025 • Hybrid

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 UW Analyst within PNC's Commercial Lending Operations organization, you will be based in Denver, CO.

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.

In this role you will, under direct supervision, complete basic due diligence, document processing and financial/statistical analysis in support of the underwriting function. You may assist in preparation of business cases for credit approval, but you will not have credit approval authority. In addition, you will perform basic due diligence, including reviewing relevant forms, providing analysis, and ordering reports.

As an Underwriting Analyst, you will assist in the underwriting process by ensuring the accuracy and/or completeness of relevant information and documents. Financial statements will be ranging at varying levels of complexity with analysis scaled from limited research and surface level review to significantly detailed and in depth analytical evaluation. Furthermore, you will research/respond to internal/external customer questions and inquiries.

In this role, you will receive spread requests for renewals for commercial loans or new requests via the workflow tool and are required to be completed within the applicable service level agreements (SLAs), which range from one to five business days. You will review financial statements for accuracy and send them back to the Underwriters for correction, if any inconsistency or inaccuracy is found. In addition, you will input data into the internal spreading software and participate in peer to peer quality control reviews to ensure accuracy, consistency, and data integrity for Underwriter approval.

We seek motivated, driven and creative individuals that enjoy working as part of a team in a high energy environment which thrives on innovation and ingenuity. You will work together to create new solutions which will provide our clients with an exceptional customer experience. Valued opinions, supported by collaborative teams, impact the success of the Commercial Lending Operations organization.
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.

Requirements

• Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role.
• Roles at this level typically require an Associates or equivalent degree as well as related experience or product knowledge to accomplish primary duties.
• Typically requires 4+ years of related business or functional 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

• Credit Decisions
• Decision Making
• Financial Analysis
• Identifying Risks
• Process Improvements
• Results-Oriented
• Risk Assessments

Responsibilities

• Under direct supervision, completes basic due diligence, document processing and financial/statistical analysis in support of the underwriting function.
• May assist in preparation of business case for credit approval, but does not have credit approval authority.
• Performs basic due diligence, including reviewing relevant forms, providing analysis and ordering reports.
• Assists in the underwriting process by ensuring the accuracy and/or completeness of relevant information and documents.
• Performs basic financial analysis, such as cash flow and collateral analysis.
• Researches/responds to internal/external customer questions and inquiries.

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.
• To learn more about these and other programs, including benefits for full time and part-time employees, visit pncthrive.com.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree