Lending Transaction Associate Senior - Midland
PNC Financial
- Location
- Home Location-KS (KSH01)
- Work model
- On-Site
- Level
- Mid
- Posted
- 1d ago
About this role
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. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success. As a Lending Transaction Associate Senior within PNC's Midland organization, you will be based within the PNC Midland footprint. As a Senior Lending Transaction Coordinator within PNC's Special Servicing department, you will be responsible for coordinating the closing of resolutions involving specially serviced loans. Resolution types include assumptions, receiver sales, forbearances, modifications, foreclosures, REO sales, discounted payoffs, full payoffs, deeds in lieu of foreclosure, settlement agreements, note sales, and partial releases. The Senior Lending Transaction Coordinator will monitor each closing to ensure all requirements have been satisfied and all necessary documentation is complete. This position is also responsible for routing documents to the Quality Control (QC) team for review and approval prior to execution, as well as overseeing the execution process. Post-closing responsibilities include processing and posting closing funds, routing executed documents to the appropriate parties, and uploading documents to the required systems for retention. Experience with commercial lending legal documentation is preferred, along with strong communication, organizational, and attention-to-detail skills. This position may be eligible for remote work in select geographic locations, subject to approval by PNC. If approved, work must be conducted from a quiet, secure, and confidential home-based workspace. Occasional in-office participation may be required based on business needs. PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.
Job Description
Performs functions in the documentation, funding, and due diligence requirements of standard or complex transactions being financed by PNC, or bought from/sold to other institutions. Provides client-facing service. May provide on-the-job training or coaching. Determines, reviews and issues required legal documents for transactions while ensuring all terms are met. Negotiates documentation revisions and drafts changes independently, or in collaboration with client's counsel if necessary. Identifies deficiencies in documents for transactions being sold to or bought from institutions Interacts with internal and external clients to coordinate a closing schedule for transactions. Directs work flow as needed to ensure client expectations are met. Builds relationships with clients, legal counsel, vendors and internal partners. Gathers, reviews and analyzes all information from internal and external parties specific to transactions of increasing complexity. Resolves inquiries/issues as necessary. Complies with necessary regulations, internal procedures, and may assist in response to audit exceptions. Validates that transaction structures match pricing models. Assures perfection of security interest for transactions and/or requests approval for exceptions. 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.
Qualifications
Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience,