Experience Inc. Jobs

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 a Capital Markets Sr. Associate - Portfolio Management within PNC's Corporate Banking Asset Backed Finance organization, you can be based in Pittsburgh, PA, but willing to consider Philadelphia, PA or Chicago, IL markets.

Preferences

Accounts Receivable Securitization or Asset Based Lending Field Exam, data analysis, or collateral monitoring experience.

Effective written and oral communication and problem solving with internal stakeholders and front line to C-Suite level corporate clients.

Ability to work independently and as a member of a project team.

Degree preferences- Finance, Accounting, Economics

This role will be responsible for managing 3rd party Field Examination firms in their performance of ABF-Securitization field exams.

The core duties include:

Coordinating field exam schedule with ABF Originations, PNC Trade Securitization clients, and engaging 3rd party Field Exam firms.

Design detailed field exam scope and audit plan for each engagement in accordance with the prior exam findings, industry related collateral risks, and analysis of the Monthly Servicer Report.

Monitor field exam progress to ensure timely exam completion by providing exam scope and structure guidance and client liaison as needed.

Review Field Exam report and discuss and mitigate exam issues/findings with ABF Originations and Portfolio Manager.

Prepare the Field Exam Memo discussing the field exam issues and PNC resolution of each issue.

Job Description

• Facilitates seamless execution, ongoing administration, and internal reporting within the business.Oversees portfolios and/or customer requests of low to medium complexity in order to identify and mitigate risk.

• Report generation, including portfolio and asset level as well as business level financial and regulatory reporting.

• Perform or coordinate field exams. Review findings, reconcile with client as well as Credit and sales teams to ensure that established field exam plans and procedures are adhered to.

• Execute ongoing deal administration and surveillance plans:review and approve borrowing requests, setup and monitor covenant reporting requirements, and review servicer reports, field exams, and other information. Evaluate market and economic data to determine impacts. Review and interpret loan documents and servicing agreements. Escalate issues accordingly and manage credit risk and compliance documentation.

• May engage in frequent verbal and written communication with internal and external parties, which may include Commercial Lending Operations, Finance, Accounting, Credit, customers and their representatives, outside counsel, agencies, other banks or field exam firms.

• Manage compliance with documented policies and procedures surrounding the business.Perform controls intended to mitigate risk and facilitate testing of those controls and other processes by internal risk partners and external auditors / regulators.

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

Asset Management, Coaching, Corporate Finance, Equity Trading Systems, Facilitation, Internal Reporting, Investment Banking, Operational Risks, Reporting Requirements

Competencies

Analytical Thinking, Collateral Management, Data Gathering and Reporting, Decision Making and Critical Thinking, Effective Communications, Flexibility and Adaptability, Investment Reporting, Portfolio Management - 1, Problem Solving, Regulatory Environment - Financial Services

Work Experience

Roles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience. Certifications are often desired. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

Education

Bachelors

Certifications

No Required Certification(s)

Licenses

No Required License(s)

Benefits

PNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include: 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.

In addition, PNC generally provides the following paid time off, depending on your eligibility*: maternity and/or parental leave; up to 11 paid holidays each year; 8 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.

To learn more about these and other programs, including benefits for full time and part-time employees, visit pncbenefits.com > New to PNC.

*For more information, please click on the following links:

Time Away from Work (https://www.pncbenefits.com/timeaway.html)

PNC Full-Time Benefits Summary

PNC Part-Time Benefits Summary (https://www.pncbenefits.com/ft-benefits-overview.html)

Disability Accommodations Statement

If an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com . Please include “accommodation request” in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.

Equal Employment Opportunity (EEO)

PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.

California Residents

Refer to the California Consumer Privacy Act Privacy Notice (https://content.pncmc.com/live/pnc/aboutus/HR/Onboarding/PNC_CCPA_Privacy_Disclosure_Employee.pdf) to gain understanding of how PNC may use or disclose your personal information in our hiring practices.