Closes varied and more complex loans without supervision and disburses loan funds
Prepares and/or reviews all loan documents for completeness and accuracy with discretion
Independently weighs financial risks
Independently reviews documentation and verifies work processes to ensure completeness, accuracy and conformance to established service levels and applicable policies and procedures
Reviews complex loan-closing documentation based on approval documentation
Responsible for sharing best practices with team members and recommending process improvements
Represents department on projects and initiatives
Participates on deal team with negotiations of the legal documentation
Reviews and validates due diligence associated with project or transaction with discretion
Partners with internal and/or external business partners to route communications, documents or other action items to complete transactions
Identifies and may address exceptions; escalates appropriately
May interact with customers and/or have assigned accounts or portfolios
Provides responses and documentation to inquiries and ad hoc requests
Completes loan set up sheets and other necessary documentation for entry into the bank's loan system
May schedule time frames at discretion for loan closings in light of loan commitments and customer needs.
Requirements
Strong expertise in Affordable Housing program documentation, including LURAs/Regulatory Agreements, Bond Indentures, and other required programmatic documents
Proficient in leading internal, bond external, and borrower-facing calls
Reviewing and reporting on monthly construction monitoring reports
Efficiently managing complex bond closing timelines, rate locks, closing conditions, and Preliminary Operating Statement requirements
2+ years of relevant professional experience
University / college degree or 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; and years of service.