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Loan Supp Analyst Senior - Complex Loans - Midland

PNC · Overland Park, Kansas, US

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 b...

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. The Complex Loan team is responsible for the servicing of loans involving complex lockbox collection mechanisms and cash distribution programs. Through loan documents provisions, Lenders gain control of borrower’s cash flow through lender-controlled accounts to seize control of property cash flow in the event of declining performance or default. This team stays current on new loan setups, timely borrower and lender communication, timely payment application and release of funds to the borrower for operating expenses, and quality control initiatives as the team is under scrutiny from Lenders, Borrowers, Clients, Asset Management, Treasury and Special Servicers. This Loan Support Analyst Senior position will process monthly transactions accurately and in accordance with departmental policies, as well as monitor and comp...