The PNC Financial Services Group, Inc

Team Leader - Standby Letters of Credit

Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience with Standby Letters of Credit, including transaction review and release.
  • Proficient in drafting and structuring complex domestic and international transactions.
  • Strong knowledge of Risk and Compliance with the ability to identify transaction risks.
  • Understanding of ISP98, UCP 600, and their application to letters of credit.
  • Excellent problem-solving abilities in analyzing complex bank documentation.
  • Experience with syndicated transactions, bank guarantees, and discrepancies in documents.
  • Understanding of SWIFT messaging, particularly MT760 and MT767.

Responsibilities

  • Direct the interpretation of business requirements and process development.
  • Provide client consultation on business design and project management support.
  • Obtain and identify necessary business requirements for process improvements.
  • Translate and communicate business needs with stakeholders and technology teams.
  • Facilitate business process modeling and gap analysis for clients.

Benefits

  • Comprehensive medical/prescription drug coverage with HSA option.
  • Employee life insurance and short/long-term disability protection.
  • 401(k) plan with PNC match and pension options.
  • Paid time off including maternity leave, vacation, and holidays.
  • Robust wellness program with financial incentives.
Full Job Description
Position Overview

As a Team Leader within PNC's Standby Letters of Credit organization, you will be based in Pittsburgh, PA or Houston, TX.

*The work schedule is Monday through Friday, from 8:30 AM to 5:00 PM. The selected candidate will work in the office for two weeks each month and remotely from home for the remaining two weeks.

The ideal successful candidate will have a combination of the following experience:
• Minimum of 5 to 7 years of experience with Standby Letters of Credit, including responsibility for the review and release of transactions.
• Experience drafting and structuring routine to complex domestic and international standby transactions, with the ability to identify risks associated with transaction language. The incumbent must be able to work independently with clients, Legal, and internal partners as necessary.
• Strong understanding of Risk and Compliance requirements related to Standby Letters of Credit, with the ability to identify red flags, boycott language, and sanctioned parties.
• Strong understanding of automatic extension clauses and the associated risks.
• Strong knowledge of ISP98 and UCP 600 as they relate to Standby Letters of Credit.
• Excellent problem-solving skills with the ability to analyze and resolve complex documentary and transactional language issues.
• Understanding of advised and confirmed Letters of Credit, bank guarantees, and counter-standby transactions.
• CDCS certification is preferred but not required. Other relevant industry certifications and training are a plus.
• Assist in mentoring junior staff members by providing guidance, training, and subject matter expertise.
• Understanding of syndicated transactions, including agented and non-agented deals, as well as related fees and commissions.
• Experience in document examination with the ability to identify discrepancies in accordance with ISP98 and UCP 600.
• Knowledge of SWIFT messaging, including MT760 and MT767 message types.
• Ability to interpret credit agreements and identify operational requirements impacting Standby Letter of Credit issuance and administration.

This position may be eligible for remote work in select geographic locations, subject to approval by PNC. If approved, work must be conducted from a quiet, secure, and confidential home-based workspace. Occasional in-office participation may be required based on business needs.

PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Job Description
  • Directs in the research, discovery, collection and interpretation of business requirements, and participates in the development and review of processes and procedures, workflow analytics, and reporting.
  • Provides consultation to clients on business designs, problem solving and business analysis to support project management. Develops and maintains of all applicable policy and procedure documentation.
  • Independently obtains and identifies the business requirements needed to carry out and improve applicable business processes. Provides expertise and problem-solving for clients and technology teams throughout the business analysis process.
  • Translates business needs, processes and/or procedures by partnering with applicable experts and business stakeholders to determine and articulate needs. May communicate with stakeholders and technology teams on moderately complex business requirements, provides gap analysis and facilitates future business process modeling for clients.


Qualifications

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.

Preferred Skills
Business Needs, Business Processes, Data Analytics, Decision Making, Management Reporting, Prioritization, Waterfall Model

Competencies
Analytical Thinking, Business Assessment, Consulting, Effectiveness Measurement, Information Capture, Modeling: Data, Process, Events, Objects, Problem Solving, Process Management, Project Management, Requirements Analysis, Software Product Business Knowledge

Work Experience
Roles at this level typically require a university / college degree, with 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.

Education
Bachelors

Certifications
No Required Certification(s)

Licenses
No Required License(s)

Language Assessments

No Required or Preferred Language Assessments

Application Window

Generally, this opening is expected to be posted for two business days from 08/24/2026, although it may be longer with business discretion.

Benefits

PNC offers 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; 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; a robust wellness program with financial incentives.

In addition, PNC generally provides the following paid time off, depending on your eligibility: maternity and/or parental leave; up to 11 paid holidays each year; 9 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.

To learn more about these and other programs, including benefits for full time and part-time employees, visit pncthrive.com.

About The PNC Financial Services Group, Inc

PNC is a financial service company providing bank deposit products and services to its community. The company assets (as of December 31, 2011) of approximately $271.2 billion. PNC operations include a regional banking franchise operating primarily in nineteen states and the District of Columbia with more than 2,700 branches, online and mobile services together with 7,400 ATM machines, specialized financial businesses serving companies and government entities, and asset management and processing businesses.

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Learn more about The PNC Financial Services Group, Inc
Size
57,668 employees
Market Cap
$62.6 billion
Industry
Net Income
$7.5 billion
Founded
1845
5 Year Trend
+2.9%
NASDAQ

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