Experience:
0-1 years of experience
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Employment Type:
Full time
Posted:
7/10/2019
Job Category:
Analysis
Field Exam Analyst
(This job is no longer available)
PNC Bank | Chicago, IL
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Job Description

Position Overview

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. As a Field Exam Analyst within PNC's Business Credit organization, you will be based in Chicago, Illinois.

Job Description

* Performs independent analysis on existing Borrower's collateral records and financial reports in order to determine / assess collateral values that secure loans. 'Leads' the more simplistic / less complicated Field Examinations on existing and prospective Borrowers. May assists more experienced Examiners perform the more critical / complex / higher risk profile Field Examinations on existing and prospective Borrowers.
* Performs in-depth testing, valuation and analysis of collateral (generally Accounts Receivable and Inventory) securing the loans to existing Borrowers in order to verify existence, and to identify and highlight areas of collateral weakness or deterioration. Evaluates accounting system controls and data integrity, and managerial control oversight. Reviews and evaluates borrowers accounting personnel.
* Prepares less sophisticated Field Examination Reports and supporting workpapers that (i) highlight germane findings and material variances found, conclusions reached, and related recommendations for improvement if necessary. Such reports are utilized by Portfolio Management to confirm the credit worthiness of the collateral securing the loan and to make informed credit decisions.
* Communicates and escalates significant exam findings, concerns, delays, or borrower limitations to lending and credit personnel. Identifies and reports matters related to collateral risk. Makes recommendations as it relates to the collateral supporting the loan and/or issues and concerns that are raised during the Field Exam due diligence process. Participates in meetings with the Relationship Manager and/or existing Borrowers representatives (typically the CFO, CEO and/or Controller of the company) to discuss any collateral issues/areas of concern.
* Confirms proper reporting of collateral on the Borrowing Base Certificates. Ensures that the Borrowing Base is in compliance and being managed per the terms and conditions stipulated in the Loan Approval.
* Manages the due diligence process and directs the daily progress of field work performed by the other Field Examiners assigned to the Examination including both internal employees and/or outsource Field Examiner vendors, while on-site at the Borrowers premises, to ensure all assignments and duties are completed in an accurate and timely manner. Assists management in the training and development of junior and new Field Examiners. Evaluate junior / new field examiners progress and report such to the Recurring Business Regional Field Examination Manager.

PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:

* Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
* Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.

Competencies

Accuracy and Attention to Detail - Understanding of the necessity and value of accuracy and attention to detail; ability to process information with high levels of accuracy.

Accuracy and Attention to Detail - Understanding of the necessity and value of accuracy and attention to detail; ability to process information with high levels of accuracy.

Conflict Management - Understanding of how to anticipate, recognize, and deal effectively with existing or potential conflicts at the individual, group, or situation level; ability to apply this understanding appropriately to diverse situations.

Data Gathering and Reporting - Knowledge of and ability to utilize tools, techniques and processes for gathering and reporting data in a particular department or division of a company.

Effective Communications - Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.

Financial Statement Analysis - Knowledge of tools, techniques, and practices, and ability to analyze and determine the credit-worthiness of a business enterprise through its financial statements.

Flexibility and Adaptability - Knowledge of successful approaches, tools, and techniques for dealing with changes and adapting to a changing environment; ability to adapt as needed.

Generally Accepted Accounting Principles (GAAP) - Knowledge of the generally accepted accounting principles and the ability to apply them appropriately within the organization.

Managing Multiple Priorities - Ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation.

Problem Solving - Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems; ability to apply this knowledge appropriately to diverse situations.

Work Experience

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Education

Bachelors (Required)

Disability Accommodations Statement:

The PNC workplace is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the PNC Careers website or submission process, please call 877-968-7762 and select Option 4: Recruiting or contact us via email at pathfinder@pnc.com.

The Human Resources Service Center hours of operation are Monday - Friday 9:00 AM to 5:00 PM ET.

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.

About PNC Bank

The PNC Financial Services Group, Inc. (PNC) is a diversified financial services companies in the United States, with businesses engaged in retail banking, corporate and institutional banking, asset management and global fund processing services. The Company provides its products and services nationally and others in its primary geographic markets located in Pennsylvania, New Jersey, Washington, District of Columbia, Maryland, Virginia, Ohio, Kentucky and Delaware. PNC also provides certain global fund processing services internationally. The Company has four businesses engaged in providing banking, asset management and global fund processing products and services: Retail Banking; Corporate & Institutional Banking; BlackRock, and PFPC. In March 2008, PNC announced that it completed the sale of J.J.B. Hilliard, W.L. Lyons, a brokerage and financial services company, to Houchens Industries, Inc. In April 2008, the Company acquired Sterling Financial Corporation.