Underwriter IV - Community Development Banking

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 an Underwriter IV within PNC's Community Development Banking organization, you will be based in a PNC office within PNC's footprint.

• Real Estate underwriting experience

• Works independently with little or no oversight.
• May exercise some exception and elevated approval authority.
• Prepares offerings for all types of transactions at any level of complexity or manages a portfolio as assigned.
• Interacts with internal and external customers.
• Provides recommendations for credit structuring.
• May serve as subject matter expert for certain asset classes.
• Serves as a coach, work lead and trainer for the group.
• Uses independent judgment to identify risks and mitigants; prepares offerings and/or scorecards such as risk ratings by analyzing credit, collateral strength, and financial worthiness of loan/transaction parties.
• Perform ongoing credit risk management for assigned portfolio when relevant.
• Coaches and/or reviews the work of other underwriters and fills in for manager as required.
• Contacts internal/external customers and other parties as appropriate to gather information and clarify inconsistent, incorrect or missing information.
• May perform relevant pre‑approval and post‑approval activities.
• Identifies and/or confirms all external regulatory requirements.
• Ensures internal policies and procedures are followed.
• Makes recommendations on credit decisions or makes credit decisions directly, as appropriate.

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. The following are required or preferred:

• Credit Decisions
• Decision Making
• Financial Analysis
• Identifying Risks
• Process Improvements
• Results‑Oriented
• Risk Assessments

• Accuracy and Attention to Detail
• Coaching Others
• Credit Analysis and Verification
• Decision Making and Critical Thinking
• Effective Communications
• Financial Analysis
• Knowledge of Underwriting
• Managing Multiple Priorities
• Office Support Tools
• Operational Functions
• Regulatory Environment – Financial Services

Roles at this level typically require a university or college degree and 5+ years of industry‑relevant experience. A comparable combination of education, job‑specific certification(s), and experience, including military service, may be considered in lieu of a degree.

Bachelor’s degree

No required certifications.

No required licenses.

Base Salary: $65,000.00 – $. Salaries 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.

• 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
• Robust wellness program with financial incentives

• Up to 11 paid holidays each year
• 9 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
• Maternity and/or parental leave

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 , 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…