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Corporate Banking Senior Underwriter II

Corporate Banking Senior Underwriter II

Job Description

As a Corporate Banking Underwriter II, you will assess and respond to client product needs that contain an element of risk consistent with PNC's credit policies and return considerations. You will administer independently a portfolio of somewhat complex credit relationships while interacting with other underwriting staff, Credit Officers, Relationship Managers, bank management, and clients and prospects. You will utilize your well-developed loan structuring and pricing skills and portfolio management expertise to most effectively present PNC to our customers.

In this role, you will:

  • Independently prepare timely, high-quality analytical work upon which significant reliance is placed in the credit approval process

  • Provide complete offerings for specialized and complex lending situations that analyze financial data, assess industry and accounting issues, and evaluate loan structure to determine the creditworthiness and financial condition of clients

  • Identify all major and most secondary credit issues

  • Coordinate the receipt and evaluate the thoroughness of collateral valuations consistent with bank standards

  • Recommend credit structuring and documentation, in partnership with Credit Officer and Relationship Manager, of more complex and specialized transactions, including setting up loan structure, working with counsel, negotiating loan documents, and closing

  • Participate actively in and may conduct independent due diligence meetings with clients/prospects. Partners on calls with Relationship Managers and Credit Officers; degree of interaction with clients/prospects depends on LOB

  • Monitor credit quality of assigned portfolios by reviewing various system reports and evaluation tools, ensuring timely administration within PNC policy

  • Prepare timely annual and periodic reviews, and the satisfactory resolution of credit deficiencies such as collateral exceptions and covenant violations

  • Establish risk ratings in conjunction with Relationship Managers, prepare SAC reports, participate in portfolio review meetings, and manage criticized assets with assistance of CRC

  • Operate independently but model strong teamwork skills both inside and outside the department. Assist with interview process to attract talent to the team, and assist with the training of new underwriters and Corporate Credit Development Program Analysts. May be involved with various special projects in underwriting and/or Credit Policy.

    The successful candidate will have the following qualifications:

  • Bachelors Degree in Finance, Accounting. or business related field

  • Participation in line or credit activities typically for a period of 5-7 years

  • Relevant industry experience may be required

  • Possesses the ability to manage average to large, moderately complex client credit requests from origination to approval in a timely fashion, while adhering to bank credit policies and risk management guidelines

  • Must be self-motivated and proficient in time management skills.

  • Thorough knowledge of Bank's computer-based tools, including projections template if relevant for line of business

  • Communicates effectively with internal/external individuals from diverse backgrounds; other parties may include Regulators, Credit Policy, Credit Audit, and outside auditors. Keeps others informed of relevant information

  • Job Requirements

    Job Snapshot

    Employment Type Full-Time
    Job Type Banking
    Education 4 Year Degree
    Experience Not Specified
    Manages Others No
    Relocation No
    Industry Banking - Financial Services
    Required Travel Not Specified
    Job ID 189640BRCBP
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    Corporate Banking Senior Underwriter II

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