Field Examiner (Asset Based Lending)

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.

This position, Field Examiner (Asset Based Lending), can sit in locations across the PNC footprint. Responsibilities require time in the office or in the field on a regular basis. Some responsibilities can be performed remotely. Additional locations and/or remote work may be considered, based on needs of the business.

Require skills include but are not limited to the following:
1. Viable applicants should have Asset Based Lending (ABL) Field Exam experience
2. Familiarity with corporate accounting through coursework and/or job experience
3. Advanced Excel skills

Job Description

• Leads moderately complex Field Examinations on existing and prospective borrowers and assists on Field Examinations led by other examiners. Examinations may take place fully onsite at Borrower locations or in a hybrid on-site/remote environment.
• Performs independent analysis on existing and prospective 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, and managerial control oversight.   Reviews and evaluates 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 verify the credit worthiness of the collateral securing the loans 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 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.  Trains junior and new Field Examiners. 

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.

Collateral Management – Knowledge of the concepts, objectives, tools and methods used in collateral management; ability to implement and develop collateral strategies for risk control and profit management.

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

Roles at this level typically require a university / college degree, with 2 years of relevant professional experience. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

Education

Bachelors (Required)

Additional Job Description

Base salary: Commensurate with skills and experience.

Benefits

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.

California Residents

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