Equipment Specialist Senior

Description:

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.
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.
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.
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.
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.

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.