Hybrid Loan Support Consultant – Specialty

at PNC

• Job title: Loan Support Consultant – Specialty
• Job type: Full Time
• Experience level: Junior, Mid level
• Salary: $45,000 - $85,100 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Pittsburgh, United States

About the role

• Loan Support Consultant managing high complexity syndicated and commercial loan transactions at PNC. Ensuring adherence to deal structures and compliance requirements while interacting with high-profile clients.

Responsibilities

• Applies specialty product knowledge to administer high complexity or high risk syndicated and/or commercial loan transactions with little or no oversight.
• May have responsibility for fulfilling key fiduciary obligations associated with the Banks Agent role; validating construction due diligence requirements; and/or monitoring construction progress and draw requirements.
• Directly interacts with high revenue/high profile corporate and/or commercial real estate clients.
• Reviews customized commercial, legal, and related due diligence documentation and reporting to ensure adherence to the highest complexity deal structures and/or regulatory compliance requirements.
• Determines and makes effective recommendation as to whether the deal can proceed as scheduled, or if additional documentation or escalation is required.
• Consults and advises customers, investors, capital markets loan syndications and/or commercial real estate deal teams, as well as external and internal business partners to execute transactions.
• Works with Relationship Manager to interpret applicable loan terms with client.
• Reviews transactions and related documents, including collateral and construction requirements.
• Verifies work processes to ensure completeness, accuracy, and conformance to credit approvals, legal documents, established service levels and applicable procedures.
• Determines whether loan disbursements can be made, or if additional documentation or escalations is required.
• Reviews reports to identify exceptions, monitor quality and ensure compliance.
• Participates in risk mitigation activities.
• Serves as a subject matter resource for the team.
• Independently conducts specialty product training and may create training materials.

Requirements

• Exposure to ACBS
• Wire transfer experience
• Loan administration experience
• Account reconciliation experience
• Excel spreadsheet familiarity
• Loan Servicing Experience
• Commercial Loan Knowledge
• Operations Experience
• university / college degree, with 2+ years of relevant professional experience.
• In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

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
• 8 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