Underwriter IV - BBLC

PNC Financial Services Group, Inc.; Denver (CO); Remote; USD 91,000 - 203,000; Full time

Benefits offered by this job

Medical coverage

401(k) with match

Paid holidays

Job summary

PNC Financial Services Group, Inc. seeks an experienced CRE underwriter to independently analyze complex real estate transactions and structure credit facilities.

You will assess cash flows, DSCR, LTV, market and tenant risks, and sponsor strength to balance risk and profitability. The role involves preparing offerings, providing credit recommendations, coaching associates, and ensuring compliance with bank policy.

Qualifications

• Advanced CRE underwriting expertise with ability to analyze complex real estate transactions.
• Ability to structure credit facilities and recommend loan enhancements.
• Knowledge of regulatory requirements and risk management in banking.

Responsibilities

• Works independently with little oversight and exercises elevated approval authority.
• Prepares offerings for complex transactions and manages a portfolio as assigned.
• Provides recommendations for credit structuring and risk mitigants.
• Coaches and reviews others underwriters as required and ensures policy compliance.
• Identifies and addresses risks and regulatory requirements in credit decisions.

Skills

CRE underwriting

Credit analysis

Cash flow analysis

Risk assessment

Loan structuring

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.

Additional Details

• Demonstrates advanced Commercial Real Estate (CRE) underwriting expertise, with the ability to independently analyze complex real estate transactions and structure appropriate credit facilities. Evaluates property cash flows, debt service coverage, loan-to-value ratios, market and tenant risks, sponsorship strength, and repayment capacity to identify key risks and mitigants. Leverages this expertise to recommend loan structures, covenants, and credit enhancements that appropriately balance risk and profitability while aligning with bank policy, regulatory requirements, and borrower objectives.

This position may be eligible for remote work in select geographic locations, subject to approval by PNC. If approved, work must be conducted from a quiet, secure, and confidential home-based workspace. Occasional in‑office participation may be required based on business needs. PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Job Description

Works independently with little or no oversight. Exercises exception and elevated approval authority. Prepares offerings for all types of transactions at any level of complexity or in management of a portfolio as assigned. Interacts with internal/external customers. Provides recommendations for credit structuring. Serves as subject matter expert for certain asset classes. Serves as a coach, work lead and trainer for the group. Uses independent judgment to identify risks and mitigants and to prepare offerings and/or scorecards, such as risk ratings, by analyzing credit, collateral strength and financial worthiness of loan/transaction parties. Performs ongoing credit risk management for assigned portfolio, if relevant. Coaches and/or reviews the work of other underwriters and fills in for manager as required. Contacts internal/external customers and other parties as appropriate to gather information and clarify inconsistent, incorrect or missing information. May perform relevant pre‑approval and post‑approval activities. Identifies and/or confirms all external regulatory requirements. Ensures internal policies and procedures are followed. Makes recommendations on credit decisions or makes credit decisions directly, as appropriate.

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

Credit Decisions, Decision Making, Financial Analysis, Identifying Risks, Process Improvements, Results‑Oriented, Risk Assessments

Competencies

Accuracy and Attention to Detail, Coaching Others, Credit Analysis and Verification, Decision Making and Critical Thinking, Effective Communications, Financial Analysis, Knowledge of Underwriting, Managing Multiple Priorities, Office Support Tools, Operational Functions

Work Experience

Roles 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.

Education

Bachelors

Pay Transparency

Base Salary: $91,000.00 – $202,800.00

Salaries may vary based on geographic location, market data and on individual skills, experience, and education. This role is incentive eligible with the payment based upon company, business and/or individual performance.

Application Window

Generally, this opening is expected to be posted for two business days from 08/19/2026, although it may be longer with business discretion.

Benefits

• 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

• maternity and/or parental leave
• up to 11 paid holidays each year
• 9 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

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.

California Residents

Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.

For nearly 160 years, PNC has strived to make a meaningful impact for our employees, customers, communities, and shareholders. We believe our success and positive reputation are built on open and honest dialogue, an unwavering focus on smart risk management, relationship‑based customer service and community investments. Our inclusive workplace allows our employees to be heard, valued, and developed to do their best work. Being a great place to work means we are making a lasting difference for everyone we serve. Check out the top reasons to join PNC. PNC’s total rewards package includes things like time off, benefits, learning and career development, wellness programs, recognition and much more. The benefits and programs highlighted below are just a sampling of what PNC offers its employees. To learn more, visit our Total Rewards page.