Associate Asset Manager - Midland

Job : R231118

Posted:

Location:

Overland Park - PNC Kansas City (KS012);
Austin - 325 W 6th St (TX536);
Birmingham
- Brock (AL112);
Midland
- Little Rock Bldg (AR003); 12th and Midtown Atlanta (GA114); PNC Dallas (TX135);
Charlotte Piedmont Center (NC037); PNC Tower
- Lexington (KY073);
Boca East (FL137)
Type:
Full time Country:
United States of America Company: PNCPosition Overview At 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 within the PNC Midland footprint.

Some 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. May include financial/operating results, ratings or other.
• 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:
• 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.
• 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.

PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals.

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

Job Description Oversees limited portfolios and/or routine Borrower requests and inquiries for securitized CMBS, Agency, SASB, SFR or other portfolios comprised of loans secured by income producing commercial real estate May possess a working knowledge of commercial real estate, industry terminology and real estate capital markets. Responsible for monitoring and reporting on watch list assets

Reviews financial statements, loan covenants, market, and economic data to determine the economic and/or compliance impact. Assess property inspections for watch lists determinations and further escalation to internal partners.

Reviews and responds to external party inquiries related to the assigned portfolios while adhering to established compliance procedures. May interact with external…