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PNC Financial Services Group

Engaged Employer

Pay is far below market and underwriting is very inconsistent - Mortgage Loan Officer PNC Financial Services Group Employee Review

1.0
Jul 25, 2020
Recommend
CEO approval
Business Outlook

Pros

Co-workers are very friendly and hardworking

Cons

Antiquated technology but they call it cutting edge. Commissioned employees are asked to physically do time-consuming work arounds that are done electronically at other lenders. Dismal loan pull-through rate. The company knows of inconsistency in underwriting but nothing changed. BPS subtracted from pay for things the MLO has no control over. Co-workers constantly talk about leaving - low retention.

Explore other reviews about PNC Financial Services Group

5.0
May 21, 2026
Recommend
CEO approval
Business Outlook

Pros

Great People to work for. Management wants to see you succeed. Great hours and time off benefits.

Cons

Working with the public. Sometimes high stress depending on the customer.

2.0
Jul 2, 2026
Recommend
CEO approval
Business Outlook

Pros

Compared with similarly sized institutions, PNC offers decent work-life balance. But it all depends on who your manager is. People are generally very helpful and always willing to answer questions. For the most part, I enjoyed my time there.

Cons

Compensation is frequently ranked among the bottom percentile in the industry, and this was no exception for myself. They do not take into account the cost of living of a certain area when you are in their analyst program. For example, someone in Nashville would have to the same compensation as someone with the same position in San Francisco. During my time there, it definitely felt very “laissez faire”. Communication among deal team members was also a bit unpolished, with juniors frequently having to play catch up. The bureaucracy and level of siloing between lines of business is awful. It slows down deal execution and overall efficiency.

2
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