CRC Underwriter II - (US-PA-Scranton - 18577)

Minimum Education: Bachelors
Job Type: Full Time
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As an employee of PNC Financial Services Group, you become part of an organization committed to customers, employees, investors, and the communities in which we do business. PNC is an established, fast-growing and successful financial services company, with businesses organized around retail and commercial banking, asset management, and funds processing. Our branches are concentrated in eight Mid-Atlantic States and the District of Columbia; additional offices are located nationwide and internationally. We are growing rapidly in size, with recent acquisitions in Washington DC, Maryland, and New Jersey. We are also growing in reputation, as a leader in areas such as work/life family culture, "green" building design, frontier technology, and strong corporate social responsibility.

The successful candidate will provide analytical support and ongoing administration of CRC accounts. This individual may have primary or secondary responsibility for assigned assets. Capital Recovery Corporation (CRC) personnel are involved in administration and resolution of credits that have been identified as criticized or classified assets under the OCC and bank risk rating guidelines. CRC personnel handle credits directly to reduce PNC's risk of loss.

The CRC Underwriter II obtains approval for asset strategies on a timely basis. Implements and manages action plan until asset is resolved. Obtains approval for changes in action plan and updates management as to status periodically. Participates in or negotiates directly with all parties required in the workout and/or disposition strategy. This position is responsible for maintaining the asset in accordance with PNC and regulatory policies, procedures and controls. The CRC Underwriter II will maintain files and MIS system on assigned assets in accordance to company policies and procedures. This individual will review, understand and comply with PNC and regulatory policies, procedures and controls affecting this function. In addition, the preparation of budget on assigned assets is an ongoing responsibility.

Skills:
The successful candidate will have the following qualifications:
Bachelors Degree - Business, Finance or Accounting
5+ years experience
Demonstrated negotiation and underwriting/analysis skills
Effective written and oral communication skills
Microsoft Office
Self-motivated and proficient in time management skills
PNC is committed to offering you a comprehensive and competitive benefits package. We design our full time and part time benefits programs based on PNC's benefits philosophy to provide quality levels of coverage at affordable costs over the long term for both employees and PNC. We strive to balance the cost of providing competitive benefits with the need to cover employees with a wide range of protection during and after employment.

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