Equipment Specialist Sr

PNC; United States; Remote; USD 80,000 - 110,000; Full time

Job summary

A leading financial services company seeks an Equipment Specialist Sr to support growth initiatives in the Vendor Finance organization. This remote position involves analyzing equipment-related issues, managing risk assessments based on compliance standards, and mentoring junior specialists. Ideal candidates will have a background in credit risk management and analytical skills, with opportunities to contribute to a collaborative work environment.

Benefits

Medical/prescription drug coverage

401(k) with PNC match

Pension and stock purchase plans

Educational assistance

Robust wellness program

Paid time off including vacation days

Qualifications

• 3+ years of relevant industry experience required.
• University/college degree preferred.
• Certifications often desired.

Responsibilities

• Supports originations and growth initiatives related to equipment.
• Conducts annual credit reviews for high-value transactions.
• Advises on business opportunities and deals.

Skills

Analytical Thinking

Commercial Real Estate

Credit Risk Management

Data Analytics

Decision Making

Portfolio Risk

Education

Bachelors

Job description

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 an Equipment Specialist Sr within PNC's Vendor Finance organization, you will be based in a PNC footprint location.

This is a remote position that can sit within the PNC footprint, although it may not be available in all jurisdictions. Certain job responsibilities may require in-person, in office activities on a regular basis. 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 of the Annual FASB13 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 an advisor by identifying industries 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.

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 Analytical Thinking, Commercial Real Estate, Competitive Advantages, Consumer Lending, Credit Risk Management, Data Analytics, Decision Making, Financial Operations, Portfolio Risk, Risk Appetite Competencies 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 Compliance Work Experience Roles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience. Certifications are often desired. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered. Education Bachelors Certifications No Required Certification(s) Licenses No Required License(s) Benefits PNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include: medical/prescription drug coverage (with a Health Savings Account feature), dental and vision options; employee and spouse/child life insurance; short and long-term disability protection; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives. In addition, PNC generally provides the following paid time off, depending on your eligibility: maternity and/or parental leave; up to 11 paid holidays each year; 8 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.

To learn more about these and other programs, including benefits for full time and part-time employees, visitYour PNC Total Rewards.

Disability Accommodations Statement

If an accommodation is required to participate in the application process, please contact us via email at [e-mail] . Please include “accommodation request” in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.

Equal Employment Opportunity (EEO)

PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.

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.

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