Commercial Underwriter III - Dealer Floor Plan Lending

## Commercial Underwriter III - Dealer Floor Plan Lending Apply locations:
Home Location-PA (PAH
01):
Home Location-NC (NCH
01) time type:
Full time posted on:
Posted Todayjob requisition :
R227534#
** 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 a Commercial Underwriter III - Dealer Floor Plan Lending within PNC's Dealer Finance organization, you will be based in Pennsylvania or North Carolina.

Position Summary:

• Manage/Underwrite a portfolio of commercial Auto Dealer relationships.  
• Work with Relationship Managers to structure floor plan lines of credit, mortgages, blue sky loans, and other commercial credit facilities.  
• Perform detailed financial analysis of auto dealerships, related entities, and personal guarantors.  
• Perform periodic reviews, complete borrower and facility risk ratings, and test borrowers for leveraged lending.  
• Monitor and test reporting and financial covenants.  
• Experience in Auto Dealer Floor Plan Underwriting or Commercial Bank Underwriting preferred.

This position may be eligible for remote work in select geographic locations, subject to approval by PNC. If approved, work must be conducted from a quiet, secure, and confidential home-based workspace. Occasional in-office participation may be required based on business needs.

PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.#
** Job Description
*** Works independently with little or no oversight. Exercises some exception and elevated approval authority. Prepares loan offerings for all types of transactions at any level of complexity or in management of a portfolio as assigned. Interacts with internal/external customers. Provides recommendations for credit structuring. Serves as subject matter expert for certain asset classes.
* Using independent judgment to identify risks and mitigates, prepares offerings and/or scorecards, such as risk ratings, by analyzing credit, collateral strength and financial worthiness of loan/transaction parties. If relevant, performs ongoing credit risk management for assigned portfolio. May coach and/or review the work of other underwriters and fill in for manager as required.
* Contacts internal/external customers and other parties as appropriate to gather information and to 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/procedures are followed.
* Makes recommendations on credit decisions or makes credit decisions directly, as appropriate.

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.#
** Qualifications
* * Successful 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 Skills
** Credit Decisions, Decision Making, Financial Analysis, Identifying Risks, Process Improvements, Results-Oriented, Risk Assessments##
** Competencies
* * 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…