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Commercial Transaction Coordinator III
PNCFirstside Center Bldg (PA373), United States, United Statesfull_timeVerifiedPosted 30 Dec 2024
About the role
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 our employees feel respected, valued, and have an opportunity to contribute to the company’s success. As a Commercial Transaction Coordinator III within the PNC’s Real Estate organization, you will be based in Pittsburgh, PA or Cincinnati, OH. The position is primarily based in a PNC location. Responsibilities require time in the office or in the field on a regular basis. Some responsibilities may be performed remotely, at the manager’s discretion.As a Commercial Transaction Coordinator III, you will determine, review and issue required legal documents for transactions, while negotiating document revision changes independently with or without client’s counsel depending on what the situation warrants. In this role, you will gather, review and analyze information from internal and external transactions to ensure quality threshold requirements are met and PNC is accurately executing and documenting these transactions.
Additionally, you will direct workflow as needed, while building appropriate relationships with internal partners, clients, legal counsel, and vendors. You will perform functions in the documentation, funding, and due diligence requirements of standard or complex transactions being financed by PNC or bought from/sold to other institutions.
You will answer questions and mitigate issues directly regarding transactions and escalate matters as needed. For this role, you are expected to comply with necessary regulations, internal procedures, and assist in response to audit exceptions.
Lastly, you will validate that transaction structures match pricing models, thus assuring perfection of security interest for transactions and/or requests approval for exceptions.
Hours for this role are Monday - Friday, 8:15 am EST - 5:00 pm EST.
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.
Job Description
- Performs functions in the documentation, funding, and due diligence requirements of standard or complex transactions being financed by PNC, or bought from/sold to other institutions. Provides client-facing service. May provide on-the-job training or coaching.
- Determines, reviews and issues required legal documents for transactions while ensuring all terms are met. Negotiates documentation revisions and drafts changes independently, or in collaboration with client's counsel if necessary. Identifies deficiencies in documents for transactions being sold to or bought from institutions
- Interacts with internal and external clients to coordinate a closing schedule for transactions. Directs work flow as needed to ensure client expectations are met. Builds relationships with clients, legal counsel, vendors and internal partners.
- Gathers, reviews and analyzes all information from internal and external parties specific to transactions. Resolves inquiries/issues as necessary. Complies with necessary regulations, internal procedures, and may assist in response to audit exceptions.
- Validates that transaction structures match pricing models. Assures perfection of security interest for transactions and/or requests approval for exceptions.
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 PN
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