[Hiring] Associate Asset Manager @PNC

Role Description

As an Associate Asset Manager - Collateral Surveillance within PNC's Midland organization, you will be based within the PNC Midland footprint.

• Reviews financial statements, loan covenants, market, and economic data for CMBS, SFR, Agency, SASB or other securitized commercial real estate to determine the economic and/or compliance impact.
• Determines an equity risk category and oversees assigned portfolios.
• Reviews and processes customer inquiries while adhering to established compliance procedures.
• Monitors and reports on watch list assets.
• Interacts with external parties, which may include rating agencies, special servicers, investors, and 17G-5 providers.
• Interacts with internal parties.
• Assesses property inspections for watch lists determinations and further escalation to internal partners.
• Boards collateral related information and reports to other required parties.
• Potentially provides analytical or other support to the Asset Management Department.

Qualifications

• Roles at this level typically require a university/college degree with less than 1 year of professional experience and/or successful completion of a formal development program.
• In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
• Working knowledge of commercial real estate, including industry terminology and capital markets.
• Proven ability to make accurate and informed decisions.
• Strong financial accounting and analysis skills.
• Strong verbal and written communication abilities.
• Effective multitasking skills with the capability to manage multiple tasks and priorities simultaneously and meet deadlines.
• Team-oriented mindset with the ability to collaborate effectively.

Requirements

• Asset Management
• Decision Making
• Financial Accounting
• Financial Management
• General Ledger (GL)
• Investment Management
• Revenue Recognition

Benefits

• 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
• 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