Loan Support Analyst - Various Departments/Levels - Midland Loan Servicing

PNC Financial Services Group • Farmers Branch, TX

325d

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. As a Loan Support Analyst within PNC's Midland organization, you will be based in office within the PNC footprint of Overland Park, Dallas, Birmingham, Pittsburgh, Cleveland, and Charlotte. PNC's Midland organization has multiple Loan Support Analyst openings across various teams. A Loan Servicing Analyst is primarily responsible for managing daily servicing functions of a portfolio of commercial loans and processing transactional activities in a loan servicing system. This may include any of the following items: Review of Loan documents and Closing Statements to become familiar with the asset, Complete certain loan setup tasks in a servicing system, ensuring relevant data is captured and consistent with the loan or asset documents, Setup reserve accounts in a servicing system as outlined in the loan documents, Review monthly billing statements to ensure accuracy and deliver billing statements to the borrowers, Input and maintain transactional information and process borrower payments, cash management sweeps, and external funds movement, such as advance draws or reserve disbursements, Monitor loan-level, critical-date reports and the maturity letter process, Prepare loan payoff quotes for review and deliver final version to client/borrower.

Requirements

• University / college degree with < 1 year of professional experience and/or successful completion of a formal development program.
• 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

• Analytical Thinking
• Capital Management
• Compliance Requirements
• Documentations
• Due Diligence
• Loan Documentation
• Regulatory Compliance
• Risk Mitigation Strategies

Responsibilities

• Applies specialty product knowledge to close or administer high complexity or high risk syndicated and/or commercial loan transactions.
• 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 complex deal structures and/or regulatory compliance requirements.
• 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.
• 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.
• May serve as a subject matter resource and may provide specialty product training.

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
• Between 15 to 25 vacation days each year, depending on career level and years of service

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees