PNC
PNC
PNC is a diversified financial services and banking company with career opportunities spanning roles across its organization. Its workplace approach emphasizes inclusion, accessibility, diversity, and community involvement, with recruiting pathways for students, graduates, and veterans. PNC also highlights its commitment to equal opportunity and compliance with employment laws, making its careers relevant to candidates seeking a large financial-services employer with a broad range of professional possibilities.

Senior Loan Support Analyst, Covenant Administration

Administer covenants, compliance, and servicing for PNC’s commercial real estate loan portfolio. Review loan documents and financial statements, and communicate test results and follow-up needs to borrowers.

Description

  • Service complex commercial real estate loans using specialized product knowledge.
  • Maintain compliance with loan documents, process transactions accurately, and deliver reports on time.
  • Interpret complex loan agreements and apply their terms to servicing work.
  • Follow servicing agreements, loan documents, internal procedures, and applicable laws and regulations.
  • Resolve compliance issues through written and verbal communication with internal and external parties.
  • Process loan payments, escrow activity, and reserve disbursements as needed.
  • Contribute to periodic investor, internal, and regulatory reporting.
  • Test borrower compliance with loan covenants.
  • Keep loan servicing system records complete and current.
  • Help onboard new loans and transition loans that are paid off or transferred.
  • Assist with tax and insurance administration.
  • Pursue collections on delinquent accounts as needed.
  • Authorize fund disbursements when applicable.
  • Review reports for exceptions and quality issues, supporting risk mitigation.
  • Provide subject matter guidance and specialty product training as needed.
  • Explain financial test results and required follow-up to borrowers.
  • Conduct quality control reviews of relevant tests that require action.

Requirements

  • A university or college degree is typically required; bachelor's-level education is listed.
  • Less than one year of professional experience, or successful completion of a formal development program.
  • A comparable combination of education, job-specific certifications, and experience, including military service, may substitute for a degree.
  • Knowledge of commercial real estate loan servicing.
  • Ability to read and interpret complex commercial real estate loan documents and agreements.
  • Ability to analyze financial statements and conduct financial analysis.
  • Knowledge of covenant monitoring, testing, and compliance.
  • Knowledge of compliance requirements, regulatory compliance, and risk mitigation strategies.
  • Strong analytical, communication, time management, organizational, attention-to-detail, and relationship management skills.
  • No certifications are required.
  • No licenses are required.
  • No required or preferred language assessments.
  • Must not require employment visa sponsorship; PNC will not participate in STEM OPT for this position.

Benefits

  • Medical and prescription drug coverage with a Health Savings Account feature.
  • Dental and vision plan options.
  • Life insurance for employees and their spouses and children.
  • Short- and long-term disability coverage.
  • 401(k) plan with PNC matching contributions.
  • Pension and stock purchase plans.
  • Dependent care reimbursement account.
  • Backup care for children and older adults.
  • Adoption, surrogacy, and doula reimbursement.
  • Educational assistance, including select fully paid programs.
  • Wellness program with financial incentives.
  • Maternity and/or parental leave.
  • Up to 11 paid holidays each year.
  • Nine occasional absence days each year, unless otherwise required by law.
  • 15 to 25 vacation days per year, depending on career level.
  • Remote work may be available in select geographic locations with approval.
  • Approved remote workers need a quiet, secure, and confidential home workspace.

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