Apply on Employer Site

PNC · 2 months ago

Field Exam Analyst - Business Credit

Pasadena, CA

Full-time

Hybrid

Entry Level

$41K/yr - $102K/yr

1+ years exp

PNC is a company that values its employees as its greatest differentiator and competitive advantage. As a Field Exam Analyst within PNC's Business Credit organization, you will lead field examinations and perform financial analysis to assess collateral values and ensure compliance in loan agreements.

BankingFinanceFinancial Services

No H1B

Responsibilities

Leads less complex Field Examinations on existing and prospective borrowers and assists on Field Examinations led by other examiners. Examinations can take place fully onsite at Borrower locations or in a hybrid on-site/remote environment

Performs independent analysis on existing Borrower's collateral records and financial reports to determine / assess collateral values that secure loans and to identify and highlight areas of collateral weakness or deterioration. Evaluates accounting system controls, data integrity, managerial control oversight and borrowers accounting personnel

Prepares 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. 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 Borrower’s 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

When leading an Examination, manages the due diligence process and directs the daily progress of field work performed by the other Field Examiners assigned to the Examination to ensure all assignments and duties are completed in an accurate and timely manner

Qualification

Corporate AccountingAdvanced ExcelAsset Based LendingFinancial AccountingFinancial Statement AnalysisCustomer FocusedProblem SolvingEffective CommunicationsAttention to Detail

Required

University / college degree with < 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

Accuracy and Attention to Detail

Collateral Management

Conflict Management

Data Gathering and Reporting

Effective Communications

Financial Statement Analysis

Flexibility and Adaptability

Generally Accepted Accounting Principles (GAAP)

Managing Multiple Priorities

Problem Solving