About the Role
The Production Analyst supports the Multifamily Capital (MFC) debt team with a primary focus on underwriting preparation, deal sizing, and agency submissions for affordable and conventional multifamily transactions. This role partners closely with originators and production leadership to evaluate a high volume of fast-moving deals, prepare submissions to agency lenders, and manage transactions through application prior to handoff to Underwriting. The team operates in a fast-paced environment requiring strong prioritization, advanced Excel skills, and a solid understanding of commercial real estate and multifamily finance. The role has significant exposure to affordable housing transactions and HUD deals.
Responsibilities
- Performs qualitative and quantitative analysis of property operations to determine the viability of a proposed loan.
- Gathers, analyzes and understands financial statements and other documents to evaluate the risk profile of the transaction.
- Conducts the analysis and structuring process for individual properties or a portfolio.
- Develops narrative for submission to Credit and agencies with qualitative and quantitative analysis, including the structure of the transaction, sponsorship behind the deal, financial statements, real estate schedules, expense statements, market information, creditworthiness and any deviations from underwriting guidelines.
- Drafts, reviews and analyzes term sheets and applications for potential transactions.
Requirements
- 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.
Skills
- Capital Management
- Consumer Lending
- Credit Assessment
- Economic Policy
- Innovation
- Investments
- Loan Agreements
- Results-Oriented
- Structuring
- Accuracy and Attention to Detail
- Credit Analysis and Verification
- Customer Experience Management.
- Data Gathering and Reporting
- Decision Making and Critical Thinking
- Effective Communications
- Financial Analysis
- Products and Services
- Quantitative Techniques
- Selling
- Advanced Excel skills
Location
- In-office
Work Type
- Full-time
Experience Level
- 2+ years of relevant professional experience
Education Level
- Bachelors
Salary/Compensations
- $44,000.00 – $111,800.00
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
- Robust wellness program with financial incentives
- Maternity and/or parental leave
- Up to 11 paid holidays each year
- 9 occasional absence days each year
- Between 15 to 25 vacation days each year, depending on career level and years of service
About the Company
- 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.
Equal Opportunity
- 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.
- 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.
