Supports originations and growth initiatives by understanding, researching and analyzing various equipment-related issues to establish current and future values
Prepares equipment reviews for transactions
Assists manager in suggesting equipment niches for growth
Performs various duties as assigned, associated with the acquisition, transfer or disposition of off-lease equipment as needed
Capable of approving moderate levels of residuals
Manages the completion of the annual credit review process for individual transactions currently in the portfolio in excess of a million dollars on a per schedule basis
Acts in a coach/mentor capacity to less seasoned Equipment Specialists enabling knowledge transfer of the annual review process
Ensure adequate compliance of SOX controls
Serves as lead in the completion of the Annual FASB13 Portfolio review, managing the process beginning to end
Acts as an advisor by identifying industries in which additional business opportunities can be developed
Partners with Sales to determine appropriate deal structures with a higher degree of complexity and structure
Conducts valuation reviews of complex and highly structured transactions to ensure compliance with risk policy
Requirements
Preferred candidates should have experience in construction or heavy equipment financing or leasing
Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role
Analytical Thinking
Commercial Real Estate
Competitive Advantages
Consumer Lending
Credit Risk Management
Data Analytics
Decision Making
Equipment Financing
Equipment Leasing
Financial Operations
Portfolio Risk
Risk Appetite
3+ years of relevant / direct industry experience
Bachelor's degree or equivalent experience
In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered
Benefits
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
maternity and/or parental leave
up to 11 paid holidays each year
9 occasional absence days each year, unless otherwise required by law
between 15 to 25 vacation days each year, depending on career level