Field Examiner Senior - Pittsburgh, United States - PNC

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.

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 Senior Field Examiner within PNC's ABL Field Exam organization, you will be based in Pittsburgh, PA. This is a remote position. Work may be performed from a quiet, confidential space in a home location, approved by PNC. This position may not be available in all geographic locations.

*Responsibilities require time in the field on a regular basis. Over-night travel is required on a regular basis.

Required skills include and are not limited to the following:

• Viable applicants should have a minimum 5+ years of ABL Field Exam experience.
• Familiarity with corporate accounting through coursework and/or job experience
• Advanced Excel skills

Job Description

• Performs independent analysis on existing and prospective Borrower's collateral records and financial reports in order to determine / assess collateral values that secure loans and/or credit worthiness. 'Leads' the more critical / complex / higher risk profile Field Examinations on existing and prospective Borrowers, including Recurring Field Examinations on work out credits, as well as New Business Surveys and Prefund Field Examinations on prospective Borrowers.
• Performs in-depth testing, valuation and analysis of collateral (generally Accounts Receivable and Inventory) securing the loans to existing and prospective 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. Verifies that collateral is being reported and managed per the terms and conditions stipulated in the Loan Document.
• Prepares the more complex 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 and/or Credit Approval Committee to verify and/or determine the credit worthiness of collateral securing the existing and/or prospective 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, deal team (Field Examiners, Appraisers, Underwriters, Business Development Officers, and Credit Policy Manager) and/or existing or prospective 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. Establishes the initial Borrowing Base Certificate (gross collateral, ineligibles, reserves, etc.), which determines the Eligible Revolver Availability on the day of funding, in addition to on-going collateral reporting requirement for the new account/borrower. Establishes initial reporting methods and procedures for the submission of supporting collateral documentation for new clients.
• 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. Trains junior and new Field Examiners. Evaluates junior / new field examiners progress and reports such to the Recurring Business Regional Field Examination Manager. When necessary, reviews Field Examination reports and workpapers performed / completed by less experienced Field Examiners. Assists the Recurring Business Regional Field Examination Manager on Special Projects as assigned.

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 3+ years of relevant / direct industry experience.

Certifications are often desired.

In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

Education
Bachelors


Additional Job Description


Benefits

PNC offers employees a comprehensive range of benefits to help meet your needs now and in the future.

Depending on your eligibility, options for full-time employees include 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; maternity and parental leave; paid holidays, vacation days and occasional absence time; 401(k), pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption assistance; educational assistance and a robust wellness program with financial incentives.

To learn more about these and other programs, including benefits for part-time employees, visit > New to PNC.


Disability Accommodations Statement:


If an accommodation is required to participate in the application process, please contact us via email at
. Please include "accommodation request" in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call and
say "Workday"
for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.*

At PNC we foster an inclusive and accessible workplace.

We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.

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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