Equipment Specialist Sr Jobs

Job Profile

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 a(n) [position title] within PNC's [name of division] organization, you will be based in [city/state location of position].

This is a remote position. Work may be performed from a quiet, confidential space in a home location, approved by PNC. This position may not be available in all geographic locations.

• Actively recommends the development and implementation of equipment policies and procedures to manage risk. Additional contribution made to portfolio risk management includes participation in the coordination of inspections of leased assets in partnership with the Schedule Maturity Group.
• Acts as an advisor by identifying industries in which additional business opportunities can be developed, as well as share market intelligence. Partners with Sales to determine appropriate deal structures with a higher degree of complexity and structure. Identifies opportunities to coach/mentor less seasoned Equipment Specialists. Conducts valuation reviews of complex and highly structured transactions to ensure compliance with risk policy.
• Manages the completion of the annual credit review process for individual transactions currently in the portfolio in excess of a million dollars on a per schedule basis. Acts in a coach/mentor capacity to less seasoned Equipment Specialists enabling knowledge transfer of the annual review process. Ensure adequate compliance of SOX controls. Serves as lead in the completion of the Annual FASB13 Portfolio review, managing the process beginning to end. Typically acts as a first level review prior to the final review, conducted by the Asset Manager. Tactical contributions to the process may include conducting research, establishing values by utilizing external independent sources / appraisers and/or creating reviews for assigned industry to support current at risk positions to identify any permanent impairments.
• Initiates and participates in the disposition of equipment with lessees on assigned asset classifications. Assists in the same process under the direction of the Equipment Manager on larger, more complex accounts.
• Supports originations and growth initiatives by understanding, researching and analyzing various equipment-related issues to establish current and future values. Prepares equipment reviews for transactions, assists manager in suggesting equipment niches for growth, and performs various duties as assigned, associated with the acquisition, transfer or disposition of off-lease equipment as needed. Capable of approving moderate levels of residuals.

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.

Competencies

Analytical Thinking – Knowledge of techniques and tools that promote effective analysis and the ability to determine the root cause of organizational problems and create alternative solutions that resolve the problems in the best interest of the business.

Coaching Others – Knowledge of coaching concepts and methods; ability to encourage, motivate, and guide individuals or teams in learning and improving effectiveness.

Communicating Complex Concepts – Knowledge of, and the ability to use summarization and simplification techniques to explain complex technical concepts in simple, clear language appropriate to the audience.

Data Gathering and Reporting – Knowledge of and ability to utilize tools, techniques and processes for gathering and reporting data in a particular department or division of a company.

Decision Making and Critical Thinking – Understanding of the issues related to the decision-making process; ability to analyze situations fully and accurately, and reach productive decisions.

Market Risk – Knowledge of processes, tools, and techniques used for analyzing market risk; ability to assess and manage investment exposures to market risk.

Negotiating – Knowledge of successful negotiation concepts and techniques; ability to negotiate successfully across the organization and with external vendors and clients in a constructive and collaborative manner.

Portfolio Management - 1 – Knowledge of and ability to utilize the tools, techniques, and acceptable business practices associated with managing a portfolio.

Research and Verification – Knowledge of research tools, techniques and resources and the ability to obtain and validate information that needs to be published.

Sarbanes-Oxley Compliance – Knowledge of the Sarbanes-Oxley Act (SOX) and ability to implement business processes required to ensure compliance with its tenets.

Work Experience

Roles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience. Certifications are often desired. In lieu of a degree, a comparable combination of education and experience (including military service) may be considered.

Education

Bachelors

Additional

COMPENSATION

Base Salary: $55,000 - $121,900

Where a person is paid in the compensation range is aligned to their experience and skills. Placement within the compensation range is based on the specific role and the following factors:

• Compensation Range may vary based on Geographic Location
• Higher in range – Experience and skills add value above typical requirements of the role
• Mid-range – Experience and skills align with proficiency in the role
• Lower in range – Building skills and experience in the job

Benefits

PNC offers employees 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; maternity and parental leave; paid holidays, vacation days and occasional absence time; 401(k), pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption assistance; educational assistance and a robust wellness program with financial incentives. To learn more about these and other programs, including benefits for part-time employees, visit pncbenefits.com > New to PNC.

Disability Accommodations Statement:

The PNC workplace is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the PNC Careers website or submission process, please call 877-968-7762 and select Option 4: Recruiting or contact us via email at [email protected].

The Human Resources Service Center hours of operation are Monday - Friday 9:00 AM to 5:00 PM ET.

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.

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.