Associate Asset Manager
3 weeks ago
Associate Asset Manager - Collateral SurveillanceAt 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. As an Associate Asset Manager - Collateral Surveillance within PNC's Midland organization, you will be based in office within the PNC Midland footprint. Some job duties include: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, may include rating agencies, special servicers, investors, 17G-5 providers.Interacts with internal parties.Assess property inspections for watch lists determinations and further escalation to internal partners.Boarding of collateral related information and reporting to other required parties.Potentially provides analytical or other support to the Asset Management Department.An ideal candidate will have: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.Roles at this level typically require a university / college degree with < 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.PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.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; 8 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 Your PNC Total Rewards.If an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com. Please include "accommodation request" in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations. At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law. This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.
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