PNC
PNC
PNC is a diversified financial services firm and major U.S. bank serving consumers and businesses through banking and finance services. Its career content highlights opportunities across a large organization, an inclusive workplace, student programs, and a structured hiring process. PNC’s company information also includes employment policies and equal employment opportunity disclosures relevant to prospective applicants.

Senior Loan Support Analyst, Covenant Administration

Support PNC’s Midland organization by administering covenants for commercial real estate loans. Monitor compliance, review financial statements, and service complex loans.

Description

  • Service a complex portfolio of commercial real estate loans using specialized product knowledge.
  • Ensure loan document compliance, process transactions accurately, and provide timely reports to stakeholders.
  • Interpret complex loan agreements and apply their terms correctly during servicing.
  • Monitor and test covenants to protect lender cash flow and collateral.
  • Read and analyze financial statements.
  • Discuss financial test results and required follow-up with borrowers.
  • Address compliance issues through written and verbal communication with internal and external parties.
  • Review and process loan payments, escrow items, and reserve disbursements.
  • Help prepare reports for investors, internal teams, and regulators.
  • Keep loan servicing records accurate and up to date in the servicing system.
  • Help onboard new loans and transition loans that are paid off or transferred.
  • Assist with tax and insurance administration.
  • Conduct collection activities for delinquent accounts.
  • Authorize fund disbursements when applicable.
  • Review reports for exceptions, quality, and risk mitigation needs.
  • Act as a subject matter resource and provide specialized product training when applicable.

Requirements

  • A university or college degree is typically required; a bachelor’s degree 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 be considered instead of a degree.
  • Knowledge of commercial real estate loan documents and servicing.
  • Ability to read and interpret complex loan agreements.
  • Ability to analyze financial statements and conduct financial analysis.
  • Knowledge of covenant monitoring and testing.
  • Knowledge of compliance requirements, regulatory compliance, due diligence, risk mitigation, capital management, and loan documentation.
  • Strong communication, time management, attention to detail, organizational, analytical thinking, and decision-making skills.
  • Ability to manage competing priorities, negotiate, work with customers, and maintain relationships.
  • If approved for remote work, ability to work from a quiet, secure, and confidential home workspace.
  • PNC does not sponsor employment visas or participate in STEM OPT.

Benefits

  • Medical and prescription drug coverage with a Health Savings Account feature.
  • Dental and vision plan options.
  • Life insurance for employees and their spouses or children.
  • Short- and long-term disability protection.
  • 401(k) plan with PNC matching contributions.
  • Pension plan.
  • Stock purchase plan.
  • Dependent care reimbursement account.
  • Back-up care for children and older adults.
  • Adoption, surrogacy, and doula reimbursement.
  • Educational assistance, including select fully funded programs.
  • Wellness program with financial incentives.
  • Maternity and/or parental leave.
  • Up to 11 paid holidays annually.
  • Nine occasional absence days annually, unless otherwise required by law.
  • 15 to 25 vacation days annually, based on career level and years of service.
  • Remote work may be available in select locations with approval.

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