P

PNC Financial Services

Runs a national bank for people and businesses

Field Exam Analyst - Business Credit

Retail & Commercial BankingConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • A minimum of 1+ years of Asset Based Lending (ABL) Field Exam experience is preferred.
  • Familiarity with corporate accounting through coursework and/or job experience is preferred.
  • Advanced Excel skills are preferred.
  • Knowledge, skills, and abilities appropriate to the role are required.
  • A university/college degree with less than one year of professional experience and/or successful completion of a formal development program is typical for this level; a comparable combination of education, job-specific certifications, and experience, including military service, may be considered in lieu of a degree.
  • Preferred skills include budget management, business administration, corporate finance, credit decisions, financial accounting, financial management, financial operations, investment strategies, and legal operations.
  • Competencies include accuracy and attention to detail, collateral management, conflict management, data gathering and reporting, effective communications, financial statement analysis, flexibility and adaptability, generally accepted accounting principles, managing multiple priorities, and problem solving.
  • The role is subject to the requirements of Section 19 of the Federal Deposit Insurance Act and, where applicable to registered roles, the SAFE Act and/or FINRA restrictions concerning certain criminal history.

Responsibilities

  • Evaluate borrowers’ financial records, collateral, and operational processes to assess risk.
  • Prepare reports of findings and provide recommendations that support sound credit decisions.
  • Lead less complex field examinations on existing and prospective borrowers and assist with field examinations led by other examiners; examinations may take place fully onsite at borrower locations or in a hybrid onsite/remote environment.
  • Independently analyze borrowers’ collateral records and financial reports to assess collateral values securing loans and identify and highlight areas of collateral weakness or deterioration; evaluate accounting system controls, data integrity, managerial control oversight, and borrowers’ accounting personnel.
  • Prepare field examination reports and supporting workpapers highlighting relevant findings, material variances, conclusions, and recommendations for improvement when necessary; reports support portfolio management's confirmation of collateral creditworthiness and informed credit decisions.
  • Communicate and escalate significant examination findings, concerns, delays, or borrower limitations to lending and credit personnel.
  • Make recommendations regarding loan collateral and issues or concerns raised during field examination due diligence.
  • Participate in meetings with relationship managers and borrower representatives, typically the company CFO, CEO, and/or controller, to discuss collateral issues and areas of concern.
  • Confirm proper reporting of collateral on borrowing base certificates and ensure the borrowing base complies with and is managed according to loan approval terms and conditions.
  • When leading an examination, manage the due diligence process and direct the daily progress of assigned field examiners to ensure their assignments and duties are completed accurately and on time.
  • Assess and effectively manage risks associated with business objectives and activities to support PNC's Enterprise Risk Management Framework.
  • Focus on customer needs and satisfaction in business decisions and use that understanding to create customized customer solutions.

About the Company

PNC Financial Services

Runs a national bank for people and businesses

PNC Financial Services runs one of the largest banks in America, serving households and businesses of every size through branches, apps, and corporate bankers. Acquisitions turned it from a regional lender into a coast-to-coast bank, notably its purchases of National City during the 2008 financial crisis and BBVA USA in 2021. Consumers keep checking and savings accounts, such as Virtual Wallet with its built-in budgeting tools, and take out mortgages and credit cards, while companies borrow and manage cash through PNC. It earns most of its money on the gap between loan interest and deposit costs, and the rest from fees. PNC traces its roots to a savings bank founded in 1845 and is based in Pittsburgh, Pennsylvania.

Company size
10,001+
Company stage
IPO
Headquarters
Pittsburgh, PA
Founded
1845

Recently Posted Jobs

Explore more opportunities at PNC Financial Services

See more jobs