- Accredited Senior Appraiser (ASA) - certification required
- Aviation Finance experience strongly preferred
Job Description- Supports originations and growth initiatives by understanding, researching and analyzing various equipment-related issues to establish current and future values. Prepares equipment reviews for transactions, assists manager in suggesting equipment niches for growth, and performs various duties as assigned, associated with the acquisition, transfer or disposition of off-lease equipment as needed. Capable of approving moderate levels of residuals.
- Manages the completion of the annual credit review process for individual transactions currently in the portfolio in excess of a million dollars on a per schedule basis. Acts in a coach/mentor capacity to less seasoned Equipment Specialists enabling knowledge transfer of the annual review process. Ensure adequate compliance of SOX controls. Serves as lead in the completion and presentation of quarterly Impairment Portfolio review, managing the process beginning to end. Typically acts as a first level review prior to the final review, conducted by the Asset Manager. Tactical contributions to the process may include conducting research, establishing values by utilizing external independent sources / appraisers and/or creating reviews for assigned industry to support current at risk positions to identify any permanent impairments.
- Acts as lead advisor by identifying industries or asset types that showcase growth or risk. Partner with Sale and Credit to lead knowledge-based transfer to product partners and PNC in which additional business opportunities can be developed, as well as share market intelligence. Partners with Sales to determine appropriate deal structures with a higher degree of complexity and structure. Identifies opportunities to coach/mentor less seasoned Equipment Specialists. Conducts valuation reviews of complex and highly structured transactions to ensure compliance with risk policy.
- Actively recommends the development and implementation of equipment policies and procedures to manage risk. Additional contribution made to portfolio risk management includes participation in the coordination of inspections of leased assets in partnership with the Schedule Maturity Group.
- Initiates and participates in the disposition of equipment with lessees on assigned asset classifications. Assists in the same process under the direction of the Equipment Manager on larger, more complex accounts.
- 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.
QualificationsSuccessful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and requiredneeded to be successful in this position.
Analytical Thinking, Coaching Others, Communicating Complex Concepts, Data Gathering and Reporting, Decision Making and Critical Thinking, Market Risk, Negotiating, Portfolio Management - 1, Research and Verification, Sarbanes-Oxley ComplianceRoles at this level typically require a university / college degree, with 5+ years of industry-relevant experience. Specific certifications are often required. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.Bachelors (Required)No Required Certification(s)No Required License(s)
This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.
California ResidentsRefer to the