Underwriter III- Real Estate Banking

Position Overview

Underwriter III within PNC’s Real Estate Banking organization. Based in Denver, CO;
San Diego, CA; or Los Angeles, CA. Works independently with little or no oversight and exercises elevated approval authority. Provides credit decisions and recommendations for transaction structuring while serving as a subject‑matter expert for specific asset classes.

• Prep loan offerings for all transaction types at any complexity level or manage an assigned portfolio.
• Interact with internal and external customers to gather and clarify information.
• Provide recommendations for credit structuring and prepare risk rating scorecards based on credit, collateral strength, and financial worthiness.
• Perform ongoing credit risk management for the portfolio when relevant.
• Coach and review work of other underwriters and serve as acting manager as required.
• Identify and confirm all external regulatory requirements and ensure internal policies are followed.
• Make or recommend credit decisions directly as appropriate.
• Apply knowledge of IRS Code Sections 42 and 47, equity structures, market research (including onsite inspections), and third‑party guidelines.

• Minimum of 3+ years of relevant, direct industry experience or a comparable combination of education, certification, and experience.
• Knowledge, skills, and abilities in credit analysis, risk assessment, decision making, financial analysis, process improvement, and real‑estate asset management.
• Competencies in accuracy, coaching others, critical thinking, managing multiple priorities, and market research.
• Bachelor’s degree or equivalent; no specific certification or license required.

Base Salary: $94,875.00 – $. Incentive eligible with payment based upon company, business and/or individual performance.

• Medical/prescription drug coverage with 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 and back‑up child/elder care.
• Adoption, surrogacy, and doula reimbursement.
• Educational assistance (select programs fully paid).
• Robust wellness program with financial incentives.
• Paid time off: maternity/parental leave, up to 11 paid holidays, 9 occasional absence days, and 15–25 vacation days depending on career level and years of service.

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. This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act and related regulatory acts prohibiting the hiring of individuals with certain criminal histories.