Underwriter IV

At The PNC Financial Services Group, Inc, we are seeking a highly skilled Underwriter IV to join our Tax Credit organization. As an Underwriter IV, you will be responsible for working independently with minimal oversight, exercising exception and elevated approval authority, and preparing offerings for all types of transactions at any level of complexity or in management of a portfolio as assigned.

• Identify risks and mitigants, prepares offerings and/or scorecards, such as risk ratings, by analyzing credit, collateral strength and financial worthiness of loan/transaction parties.
• Interact with internal/external customers and other parties as appropriate to gather information and to clarify inconsistent, incorrect or missing information.
• Make recommendations on credit decisions or makes credit decisions directly, as appropriate.
• Knowledge of IRS Code Section 42 and 47, equity structures and documentation, market research (including onsite inspections and market comp analysis), and 3rd party or external guidelines.

• University/college degree, with 5+ years of industry-relevant experience.
• LIHTC experience is required for this role.
• Knowledge of underwriting, credit analysis and verification, decision making and critical thinking, and regulatory environment - financial services.

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, 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, and 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 https://www.pnc.com/careers.

PNC is an equal employment opportunity employer and provides reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.