Loan Support Analyst - Covenant Administration - Midland

at PNC in Overland Park, Kansas, United States

Job Description

Job Profile

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. As a Loan Servicing Analyst within PNC’s Midland Loan Servicing

Covenant Administration organization, you will be based in Overland Park, KS.

As a Loan Servicing Analyst within PNC’s Covenant Administration department, you will be primarily responsible for the covenant monitoring and testing to safeguard the Lenders’ cashflow and collateral as prescribed by the related loan documents.

You will be responsible for reading and interpreting commercial real estate loan documents and analyzing financial statements. You will also be communicating with borrowers regarding the financial test results and any further action required.

Experience with financial statements is preferred along with strong communication, time management, attention to detail and organizational skills.

Job Description

+ Applies specialty product knowledge to close or administer risk syndicated and/or commercial loan transactions. May have responsibility for fulfilling key fiduciary obligations associated with the Banks Agent role; validating construction due diligence requirements; and/or monitoring construction progress and draw requirements.

+ Reviews customized commercial, legal, and related due diligence documentation and reporting to ensure adherence to deal structures and/or regulatory compliance requirements.

+ Ensures the appropriate materials and documentation are available to 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. Supports work processes to ensure completeness, accuracy, and conformance to credit approvals, legal documents, established service levels and applicable procedures.

+ Reviews reports to identify exceptions, monitor quality and ensure compliance. Participates in risk mitigation activities. .

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

Job Details




Overland Park, Kansas 66210
United States

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Job Posting: JC183314440

Posted On: May 12, 2021

Updated On: Jun 11, 2021