Associate Asset Manager - LIHTC

** Position 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 within PNC's Multi Family Capital organization, you will be based in a PNC location.

The Associate Asset Manager supports the oversight of a portfolio of Low-Income Housing Tax Credit (LIHTC) investments on behalf of the equity partner, with a primary focus on assets in the final three years of the compliance period. This role assists Senior Asset Managers in protecting and optimizing equity value by evaluating both equity performance and credit risk across the portfolio.

Responsibilities include reviewing property operations, financial performance, and compliance status, as well as conducting site inspections and supporting travel-based asset reviews. The Associate plays a key role in analyzing investment health, preparing internal assessments, and partnering closely with senior team members, while not being responsible for formal watchlist monitoring or reporting. This position requires strong analytical skills, attention to detail, and the ability to support asset management activities across the lifecycle of LIHTC investments.

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 parties which include internal and external legal counsel, rating agencies, special servicers, and investors. + Collaborates effectively with internal business partners to aid with cross-departmental decision making.

PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be: +
** Customer Focused** - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions. +
** Managing Risk** - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.
** 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
** Asset Management, Decision Making, Financial Accounting, Financial Management, General Ledger (GL), Investment Management, Revenue Recognition
** Competencies
* * Accuracy and Attention to Detail, Data Gathering and Reporting, Decision Making and Critical Thinking, Effective Communications, Financial Statement Analysis, Flexibility and Adaptability, Investment Reporting, Market Risk, Regulatory Environment - Financial Services
** Work Experience
** Roles at this…