Underwriting Associate - Commercial

PNC Financial Services Group, Inc.; Dallas (TX); On-site; USD 42,000 - 69,000; Full time

Benefits offered by this job

Health Insurance

401(k) with match

Pension plan

Stock purchase plan

Job summary

PNC Financial Services Group, Inc. seeks an Underwriting Associate to support the Statement Spreading team, with duties including due diligence, financial analysis, and data-entry for commercial loan underwriting. This role may be based in multiple U.S. locations including Dallas, TX.

Hours are Mon–Fri, 8:00 am EST – 5:00 pm EST. Candidates should have an associates degree or equivalent and 3+ years of related experience; training provided. Benefits and incentive eligibility apply.

Qualifications

• Associates or equivalent degree required; related experience may be considered.
• Credit analysis knowledge and financial analysis skills.
• Ability to review financial statements and support underwriting.

Responsibilities

• Under supervision, perform basic due diligence, document processing and financial/statistical analysis for underwriting.
• Assist in preparation of business cases for credit approval, without authority.
• Perform basic due diligence: review forms, provide analysis, and order reports.
• Input data into spreading software to ensure consistency for approval.

Skills

Credit Decisions

Decision Making

Financial Analysis

Identifying Risks

Process Improvements

Results-Oriented

Risk Assessments

Education

Associate degree or equivalent

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 Underwriting Associate within PNC’s Statement Spreading organization, you may be based in Pittsburgh, PA; Philadelphia, PA; Cleveland, OH; Cincinnati, OH; Birmingham, AL; Dallas, TX; Kalamazoo, MI; or Denver CO.

Hours for this role are Monday – Friday, 8:00 am EST – 5:00 pm EST.

Job Description

• In this role you will, under direct supervision, complete basic due diligence, document processing and financial/statistical analysis in support of the underwriting function.
• You may assist in preparation of business cases for credit approval, but you will not have credit approval authority.
• In addition, you will perform basic due diligence, including reviewing relevant forms, providing analysis, and ordering reports.
• As an Underwriting Associate, you will assist in the underwriting process by ensuring the accuracy and/or completeness of relevant information and documents and performs basic financial analysis, such as cash flow and collateral analysis.
• Furthermore, you will research/respond to internal/external customer questions and inquiries.
• In this role, you will receive spread requests for renewals for commercial loans or new requests via the workflow tool.
• You will review financial statements for accuracy and send them back to the Underwriters for correction, if any inconsistency or inaccuracy is found.
• In addition, you will input data into the internal spreading software, to ensure consistency for approval from Underwriters.

Employee Expectations

• 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
• Credit Analysis and Verification
• Decision Making and Critical Thinking
• Effective Communications
• Financial Analysis
• Information Capture
• Knowledge of Underwriting
• Managing Multiple Priorities
• Office Support Tools
• Operational Functions

Work Experience

Roles at this level typically require an Associates or equivalent degree as well as related experience or product knowledge to accomplish primary duties. Typically requires 3+ years experience. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

Education & Certifications

• Associate Certifications No Required Certification(s)
• Licenses No Required License(s)

Pay Transparency

Base Salary: $37,600.00 – $68,750.00. 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 07/31/2026, 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

Paid Time Off

• 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

To learn more about these and other programs, including benefits for full time and part-time employees, visit pncthrive.com.

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.

Company Culture

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.