Onsite Senior Loan Support Analyst – Reserve Administration

Posted 3 days ago

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About the role

  • Loan Support Analyst Senior responsible for covenant monitoring, financial analysis, and ensuring compliance with loan documents for PNC. Collaborating on a portfolio of commercial real estate loans with heightened borrower interactions.

Responsibilities

  • Responsible for covenant monitoring and testing to safeguard the Lenders’ cashflow and collateral as prescribed by the related loan documents
  • Reading and interpreting commercial real estate loan documents
  • Analyzing financial statements
  • Communicating with borrowers regarding financial test results and any further action required
  • Performing quality control reviews on relevant testing that requires any action to be taken
  • Applying specialty product knowledge to the day-to-day servicing of a portfolio of commercial real estate loans
  • Supporting the day-to-day servicing of a portfolio of commercial real estate loans, ensuring compliance with loan document
  • Reviewing and processing loan payments, escrows and reserve account disbursements
  • Assisting in the preparation of periodic reporting including investor, internal and regulatory reports
  • Performing covenant compliance testing
  • Maintaining accurate and up-to-date loan servicing records in the servicing system
  • Supporting the onboarding of new loans and the transition of paid-off or transferred loans
  • Performing collection activities on delinquent accounts

Requirements

  • Experience with financial statements is preferred
  • Strong communication skills
  • Time management skills
  • Attention to detail
  • Organizational skills
  • Analytical Thinking
  • Capital Management
  • Compliance Requirements
  • Documentations
  • Due Diligence
  • Loan Documentation
  • Regulatory Compliance
  • Risk Mitigation Strategies
  • University/college degree with < 1 year of professional experience and/or successful completion of a formal development program

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, unless otherwise required by law
  • between 15 to 25 vacation days each year, depending on career level; and years of service

Job title

Senior Loan Support Analyst – Reserve Administration

Job type

Experience level

Senior

Salary

Not specified

Degree requirement

Bachelor's Degree

Location requirements

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