Field Examiner - Business Credit

Leads moderately complex Field Examinations on existing and prospective borrowers and assists on Field Examinations led by other examiners. Examinations may take place fully onsite at Borrower locations or in a hybrid on-site/remote environment. Performs independent analysis on existing and prospective Borrower's collateral records and financial reports to determine / assess collateral values that secure loans and to identify and highlight areas of collateral weakness or deterioration. Evaluates accounting system controls data integrity, and managerial control oversight. Reviews and evaluates borrowers accounting personnel. Prepares Field Examination reports and supporting workpapers that highlight germane findings and material variances found, conclusions reached, and related recommendations for improvement if necessary. Communicates and escalates significant exam findings, concerns, delays, or borrower limitations to lending and credit personnel. Identifies and reports matters related to collateral risk. Confirms proper reporting of collateral on the Borrowing Base Certificates. Ensures that the Borrowing Base is in-compliance and being managed per the terms and conditions stipulated in the Loan Approval. When leading an Examination, manages the due diligence process and directs the daily progress of field work performed by the other Field Examiners assigned to the Examination to ensure all assignments and duties are completed in an accurate and timely manner. Trains junior and new Field Examiners.

Responsibilities

Leads moderately complex Field Examinations on existing and prospective borrowers and assists on Field Examinations led by other examiners; Performs independent analysis on existing and prospective Borrower's collateral records and financial reports to determine/assess collateral values that secure loans and to identify and highlight areas of collateral weakness or deterioration; Evaluates accounting system controls, data integrity, and managerial control oversight; Reviews and evaluates borrowers accounting personnel; Prepares Field Examination reports and supporting workpapers that highlight germane findings, material variances, conclusions reached, and related recommendations for improvement; Communicates and escalates significant exam findings, concerns, delays, or borrower limitations to lending and credit personnel; Identifies and reports matters related to collateral risk; Confirms proper reporting of collateral on the Borrowing Base Certificates and ensures Borrowing Base is in compliance with the Loan Approval; Manages due diligence process and directs daily progress of field work; Trains junior and new Field Examiners

Requirements

Bachelor's degree; 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; Accuracy and Attention to Detail; Collateral Management; Conflict Management; Data Gathering and Reporting; Effective Communications; Financial Statement Analysis; Flexibility and Adaptability; Generally Accepted Accounting Principles (GAAP); Managing Multiple Priorities; Problem Solving

Nice to have

Minimum 3+ years of Asset Based Lending (ABL) Field Exam experience; Familiarity with corporate accounting through coursework and/or job experience; Advanced Excel skills; Budget Management; Business Administration; Corporate Finance; Credit Decisions; Financial Accounting; Financial Management; Financial Operations; Investment Strategies; Legal Operations

Benefits

medical/prescription drug coverage (with 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