Commercial Transaction Coordinator III

About the position 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 a Commercial Transaction Coordinator III within PNC's Equipment Finance organization, you will be based in Pittsburgh, PA, Dallas, TX, Cleveland, OH, or Denver, CO. The Commercial Transaction Coordinator III will act as a “mini-project manager,” who will be client facing to obtain documentation to prepare legal documents for large corporate client equipment needs. They will support the clients large financing of equipment for large loans. They will be responsible for reviewing legal documents and they must understand the documents, potential changes, and work with the external partners to adjust documents. Commercial Transaction Coordinator III will work with external partners to do Quality Control. Once documents are accurate and approved, they then input the documents into the internal system. They provide client the document to sign, prior to finance. They will be working within the system to memorialize the deal. Critical thinking will be necessary, working in guidance of procedures. Prior Equipment Finance experience is preferred. Experience working with executable documentation to clients is a huge plus. Paralegal experience is great—someone that knows legal and how to review legal documents is a huge plus. Commercial Loan and Lease experience is highly preferred. Equipment finance is a huge plus. 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.

Responsibilities

• Performs functions in the documentation, funding, and due diligence requirements of standard or complex transactions being financed by PNC, or bought from/sold to other institutions.
• Provides client-facing service.
• May provide on-the-job training or coaching.
• Determines, reviews and issues required legal documents for transactions while ensuring all terms are met.
• Negotiates documentation revisions and drafts changes independently, or in collaboration with client's counsel if necessary.
• Identifies deficiencies in documents for transactions being sold to or bought from institutions
• Interacts with internal and external clients to coordinate a closing schedule for transactions.
• Directs work flow as needed to ensure client expectations are met.
• Builds relationships with clients, legal counsel, vendors and internal partners.
• Gathers, reviews and analyzes all information from internal and external parties specific to transactions of increasing complexity.
• Resolves inquiries/issues as necessary.
• Complies with necessary regulations, internal procedures, and may assist in response to audit exceptions.
• Validates that transaction structures match pricing models.
• Assures perfection of security interest for transactions and/or requests approval for exceptions.

Requirements

• Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role.
• Roles at this level typically require a university / college degree, with 2+ years of relevant professional experience.
• In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

Nice-to-haves

• Complex Transactions
• Documentations
• Due Diligence
• Finance Strategy
• Financial Operations
• Public Accounting

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; 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 .

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