Underwriting Associate - Commercial Lending

About the Role

PNC is dedicated to delivering exceptional customer experiences with an inclusive and respectful workplace culture. As an Underwriting Associate in the Statement Spreading team, you may be located in several U.S. cities or work remotely from a suitable home office. Standard hours are Monday through Friday, 8:00 am to 5:00 pm EST.

Key Responsibilities

• Complete basic due diligence and document processing under direct supervision to support the underwriting process.
• Perform fundamental financial and statistical analyses, including cash flow and collateral evaluations.
• Review forms and documents to ensure accuracy and completeness, ordering additional reports as needed.
• Assist in preparing business cases for credit approval but do not hold credit approval authority.
• Receive and review financial statements for commercial loan renewals or new loan requests via workflow tools, returning inaccurate documents for correction.
• Input data into internal spreading software to maintain consistency for underwriting approvals.
• Respond to inquiries from internal and external customers regarding underwriting issues.

Candidate Profile

Successful applicants typically possess an associate degree or equivalent experience with a minimum of three years in a related field. Candidates should be motivated, collaborative, detail-oriented, and risk-aware, striving for accuracy while managing multiple priorities.

Preferred Skills and Competencies

• Credit decision making and risk assessment
• Financial analysis and verification
• Effective communication and critical thinking
• Knowledge of underwriting processes and operational support tools
• Process improvement and results orientation

Compensation and Benefits

The base salary ranges from $37,600 to $68,750 annually, varying by location and individual qualifications. Incentives may be awarded based on company and individual performance. PNC offers comprehensive benefits including health insurance, life insurance, disability protection, retirement plans with company match, paid leave, wellness programs, educational assistance, and more.

Additional Information

This role may be performed remotely if approved and requires a quiet, secure workspace with occasional office visits. Employment sponsorship or STEM OPT participation is not provided. Reasonable accommodations are available for applicants with disabilities upon request. PNC is an equal opportunity employer committed to inclusivity and complies with federal employment regulations.