Loan Support Analyst Senior – Covenant Administration
| Company | PNC Financial Services |
|---|---|
| Location | Midland, TX, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior |
Requirements
- Bachelors (Required)
- Less than 1 year of professional experience or a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
Responsibilities
- Responsible for covenant monitoring and testing to safeguard the Lenders’ cashflow and collateral as prescribed by the related loan documents.
- Responsible for reading and interpreting commercial real estate loan documents and analyzing financial statements.
- Communicating with borrowers regarding the financial test results and any further action required.
- Responsible for performing quality control reviews on relevant testing that requires any action to be taken.
- Applies specialty product knowledge to close or administer high complexity or high risk syndicated and/or commercial loan transactions.
- Reviews customized commercial, legal, and related due diligence documentation and reporting to ensure adherence to complex deal structures and/or regulatory compliance requirements.
- Consults and advises customers, investors, capital markets loan syndications and/or commercial real estate deal teams, as well as external and internal business partners to execute transactions.
- Reviews transactions and related documents, including collateral and construction requirements. Verifies work processes to ensure completeness, accuracy, and conformance to credit approvals, legal documents, established service levels and applicable procedures.
- Determines whether loan disbursements can be made, or if additional documentation or escalations is required.
- Reviews reports to identify exceptions, monitor quality and ensure compliance. Participates in risk mitigation activities.
Preferred Qualifications
- Analytical Thinking
- Capital Management
- Compliance Requirements
- Documentations
- Due Diligence
- Loan Documentation
- Regulatory Compliance
- Risk Mitigation Strategies
- Consulting
- Customer Interaction
- Decision Making and Critical Thinking
- Effective Communications
- Financial Analysis
- Managing Multiple Priorities
- Negotiating
- Operational Functions
- Products and Services
- Relationship Management