Position Overview

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. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success. As an Underwriting Associate within PNC’s Statement Spreading organization, you may be based in Pittsburgh, PA; Philadelphia, PA; Kalamazoo; MI; Cleveland, OH; or Houston, TX. Work may be performed from a quiet, confidential space in a home location within commuting distance to one of the HUB locations above, approved by PNC. This position may not be available in all geographic locations.

Hours for this role are Monday – Friday, 8:00 am EST – 5:00 pm EST.

In this role you will, under direct supervision, complete basic due diligence, document processing and financial/statistical analysis in support of the underwriting function. You may assist in preparation of business cases for credit approval, but you will not have credit approval authority. In addition, you will perform basic due diligence, including reviewing relevant forms, providing analysis, and ordering reports.

As an Underwriting Associate, you will assist in the underwriting process by ensuring the accuracy and/or completeness of relevant information and documents and performs basic financial analysis, such as cash flow and collateral analysis. Furthermore, you will research/respond to internal/external customer questions and inquiries.

In this role, you will receive spread requests for renewals for commercial loans or new requests via the workflow tool. You will review financial statements for accuracy and send them back to the Underwriters for correction, if any inconsistency or inaccuracy is found. In addition, you will input data into the internal spreading software, to ensure consistency for approval from Underwriters.

We seek motivated, driven and creative individuals that enjoy working as part of a team in a high energy environment which thrives on innovation and ingenuity. You will work together to create new solutions which will provide our clients with an exceptional customer experience. Valued opinions, supported by collaborative teams, impact the success of the Commercial Lending Operations organization.

PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Job Description

• Under direct supervision, completes basic due diligence, document processing and financial/statistical analysis in support of the underwriting function. May assist in preparation of business case for credit approval, but does not have credit approval authority.
• Performs basic due diligence, including reviewing relevant forms, providing analysis and ordering reports.
• Assists in the underwriting process by ensuring the accuracy and/or completeness of relevant information and documents.
• Performs basic financial analysis, such as cash flow and collateral analysis.
• Researches/responds to internal/external customer questions and inquiries.

PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:

• Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
• Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.

Qualifications

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.

Preferred Skills

Credit Decisions, Decision Making, Fin