Underwriter IV- Sr. Housing

Position Overview

At PNC, our people are our greatest differentiator. We work together daily to foster an inclusive workplace culture where employees feel respected, valued, and have opportunities to contribute to the company’s success. This role is an in‑office position; we encourage candidates to connect with the recruiter or hiring manager to understand expectations.

PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

• Works independently with little or no oversight. Exercises exception and elevated approval authority. Prepares offerings for all types of transactions at any level of complexity or in management of a portfolio as assigned. Interacts with internal/external customers and provides recommendations for credit structuring. Serves as a subject‑matter expert for certain asset classes and as a coach, work lead and trainer for the group.
• Using 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. Performs ongoing credit risk management for an assigned portfolio if relevant. Coaches or reviews the work of other underwriters and fills in for a 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 confirms all external regulatory requirements. Ensures internal policies and procedures are followed.
• Makes recommendations on credit decisions or makes credit decisions directly, as appropriate.
• Knowledge of IRS Code Sections 42 and 47, equity structures, documentation, market research (including site inspections and market comp analysis), and third‑party or external guidelines.

• 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 the business objectives and activities to ensure adherence to PNC’s Enterprise Risk Management Framework.

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. The following sections list required and preferred qualifications.

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, Knowledge of Underwriting, Managing Multiple Priorities, Market Research, Real Estate Development, Real Estate Practice, Real Estate Property Data Analysis, Real Estate Sales Closings and Agreements, Regulatory Environment – Financial Services

Roles at this level typically require a university or college degree, with 5+ years of industry‑relevant experience. Specific certifications are often required. 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: $86,250.00 – $. Salaries may vary based on geographic location, market data, and individual skills, experience, and education. This role is incentive eligible, with payment based on company, business, and/or individual performance.

PNC offers comprehensive benefits. For full‑time employees, options include medical and prescription‑drug coverage (with a Health Savings Account feature), dental and vision plans, 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, child/elder‑care backup, adoption, surrogacy, and doula…