Credit Product Specialist at The PNC Financial Services Group
Calabasas, CA 91302
About the Job
Position OverviewAt 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 Credit Product Specialist within PNC's Corporate & Institutional Banking Division's, Regional Credit Product Group, you will be based in Los Angeles, CA, Century City, CA, Calabasas, CA or Pasadena, CA.Job DescriptionServes as a market level credit product expert
Structures and advises clients on various types of credit and credit-related transactions to meet clients needs while staying within the Bank's risk profile
Responsible for the entire execution of credit related products and all other credit products including but not limited to ACH, FX, EF and Derivatives
Manages the diligence/approval process and negotiate all legal documents and closing
Partners effectively with the Relationship Banking team to help identify and drive revenue through credit products.Directly responsible for managing a portfolio of borrowers and all portfolio management activities, including direct and on-going communication with the clients.Collaborates with RMs and other product partners (i.e
TM, FX, DCM) to assess credit needs generate ideas and deliver integrated solutions
Able to assess industry dynamics to advise on the best solutions
Participates in client and prospect calls in conjunction with the RMs.Responsible for structuring credit transactions within the Banks credit risk appetite
Leads internal white boarding and diligence sessions to assess viable solutions.Drives the internal credit approval process, loan documentation and closing.Responsible for the indirect management of a team of employees to handle all aspects of the credit process
Plays a key role in training, mentoring and developing junior talent.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.QualificationsSuccessful candidates must demonstrate appropriate knowledge, skills, and abilities for a role
Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.Preferred SkillsAnalytical Thinking, Commercial Real Estate, Competitive Advantages, Consumer Lending, Credit Risk Management, Data Analytics, Decision Making, Financial Operations, Portfolio Risk, Risk AppetiteCompetenciesClient Relationship Management, Credit Analysis and Verification, Decision Making and Critical Thinking, Effective Communications, Financial Analysis, Knowledge of Underwriting, Negotiating, Portfolio ManagementWork ExperienceRoles at this level typically require a university / college degree
Higher level education such as a Masters degree, PhD, or certifications is desirable
Industry relevant experience is typically 8+ years
Specific certifications are often required
In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.EducationBachelorsCertificationsNo Required Certification(s)LicensesNo Required License(s)Pay TransparencyBase Salary: $104,000.00 – $201,500.00Salaries may vary based on geographic location, market data and on individual skills, experience, and education
This role is incentive eligible with the payment based upon company, business and/or individual performance.Application WindowGenerally, this opening is expected to be posted for two business days from 10/17/2024, although it may be longer with business discretion.BenefitsPNC offers 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; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives.In addition, PNC generally provides the following paid time off, depending on your eligibility*: maternity and/or parental leave; up to 11 paid holidays each year; 8 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.To learn more about these and other programs, including benefits for full time and part-time employees, visit pncbenefits.com > New to PNC.*For more information, please click on the following links:Time Away from WorkPNC Full-Time Benefits SummaryPNC Part-Time Benefits SummaryDisability Accommodations StatementIf 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
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 Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.SummaryLocation: CA - Century City; CA - Pasadena (91101); CA - CalabasasType: Full time
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 Credit Product Specialist within PNC's Corporate & Institutional Banking Division's, Regional Credit Product Group, you will be based in Los Angeles, CA, Century City, CA, Calabasas, CA or Pasadena, CA.Job DescriptionServes as a market level credit product expert
Structures and advises clients on various types of credit and credit-related transactions to meet clients needs while staying within the Bank's risk profile
Responsible for the entire execution of credit related products and all other credit products including but not limited to ACH, FX, EF and Derivatives
Manages the diligence/approval process and negotiate all legal documents and closing
Partners effectively with the Relationship Banking team to help identify and drive revenue through credit products.Directly responsible for managing a portfolio of borrowers and all portfolio management activities, including direct and on-going communication with the clients.Collaborates with RMs and other product partners (i.e
TM, FX, DCM) to assess credit needs generate ideas and deliver integrated solutions
Able to assess industry dynamics to advise on the best solutions
Participates in client and prospect calls in conjunction with the RMs.Responsible for structuring credit transactions within the Banks credit risk appetite
Leads internal white boarding and diligence sessions to assess viable solutions.Drives the internal credit approval process, loan documentation and closing.Responsible for the indirect management of a team of employees to handle all aspects of the credit process
Plays a key role in training, mentoring and developing junior talent.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.QualificationsSuccessful candidates must demonstrate appropriate knowledge, skills, and abilities for a role
Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.Preferred SkillsAnalytical Thinking, Commercial Real Estate, Competitive Advantages, Consumer Lending, Credit Risk Management, Data Analytics, Decision Making, Financial Operations, Portfolio Risk, Risk AppetiteCompetenciesClient Relationship Management, Credit Analysis and Verification, Decision Making and Critical Thinking, Effective Communications, Financial Analysis, Knowledge of Underwriting, Negotiating, Portfolio ManagementWork ExperienceRoles at this level typically require a university / college degree
Higher level education such as a Masters degree, PhD, or certifications is desirable
Industry relevant experience is typically 8+ years
Specific certifications are often required
In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.EducationBachelorsCertificationsNo Required Certification(s)LicensesNo Required License(s)Pay TransparencyBase Salary: $104,000.00 – $201,500.00Salaries may vary based on geographic location, market data and on individual skills, experience, and education
This role is incentive eligible with the payment based upon company, business and/or individual performance.Application WindowGenerally, this opening is expected to be posted for two business days from 10/17/2024, although it may be longer with business discretion.BenefitsPNC offers 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; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives.In addition, PNC generally provides the following paid time off, depending on your eligibility*: maternity and/or parental leave; up to 11 paid holidays each year; 8 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.To learn more about these and other programs, including benefits for full time and part-time employees, visit pncbenefits.com > New to PNC.*For more information, please click on the following links:Time Away from WorkPNC Full-Time Benefits SummaryPNC Part-Time Benefits SummaryDisability Accommodations StatementIf an accommodation is required to participate in the application process, please contact us via email at
AccommodationRequest@pnc.com
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
877-968-7762
and say "Workday" for accommodation assistanceAll 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 Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.SummaryLocation: CA - Century City; CA - Pasadena (91101); CA - CalabasasType: Full time
