Underwriter I

5 days ago


San Francisco, California, United States PNC Financial Services Group Full time
About the Role

We are seeking a highly skilled Underwriter I to join our Multifamily organization at PNC Financial Services Group. As an Underwriter I, you will play a critical role in identifying risks and mitigants, preparing and recommending loan offerings based on scorecards, and analyzing credit, collateral strength, and financial worthiness of loan/transaction parties.

Key Responsibilities
  • Work under supervision or independently to identify risks and mitigants, prepare and effectively recommend loan offerings based on scorecards, such as risk ratings, by analyzing credit, collateral strength, and financial worthiness of loan/transaction parties.
  • Perform or assist in the preparation of offerings for specific transactions or in management of a portfolio and interact with internal/external customers.
  • Provide recommendations for credit structuring.
  • Analyze credit, collateral strength, and financial worthiness of loan/transaction parties to prepare and effectively recommend loan offerings.
  • Perform ongoing credit risk management for assigned portfolio.
  • Contact internal/external customers and other parties as appropriate to gather information and clarify inconsistent, incorrect, or missing information.
  • Perform or assist with the identification and/or confirmation of all external regulatory requirements.
  • Ensure internal policies and procedures are followed.
  • Make recommendations on credit decisions or make credit decisions directly as appropriate.
Requirements
  • Candidate must demonstrate customer focus, knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions.
  • Assess and effectively manage all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.
Preferred Skills
  • Credit decisions
  • Customer needs
  • Decision making
  • Financial analysis
  • Identifying risks
  • Process improvements
  • Results-oriented
  • Risk assessments
Competencies
  • Accuracy and attention to detail
  • Credit analysis and verification
  • Decision making and critical thinking
  • Knowledge of underwriting
  • Managing multiple priorities
  • Real estate development
  • Real estate practice
  • Real estate property data analysis
  • Real estate sales closings and agreements
  • Regulatory environment - financial services
Work Experience

Roles at this level typically require a university/college degree with less than 1 year of professional experience and/or successful completion of a formal development program. In lieu of a degree, a comparable combination of education, job-specific certification(s), and experience (including military service) may be considered.

Education

Bachelor's degree

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
Disability Accommodations Statement

PNC is committed to fostering 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.



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