Senior Asset Manager - Midland

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 a Senior Asset Manager within PNC's Midland organization, you will be based within the PNC Midland footprint.

• Evaluating asset or customer's cash flows, balance sheet, long-term business plans and other relevant financial information.
• Reviews financial statements related to the asset, market, and economic data to determine the economic impact and/or compliance impact for the operation of the assets.
• Oversees portfolios and/or customer requests of high complexity and performs transaction analysis.
• Interprets loan documents, servicing agreements and transaction deal structure.
• May perform risk ratings, create investor reports, and escape issues accordingly, and manage credit risk and compliance documentation.
• Oversees portfolios and borrower requests of medium to high complexity for securitized CMBS, Agency, SFR, SASB or other portfolios comprised of loans secured by income producing commercial real estate.
• Analyzes various financial reports, including property operating statements, loan guarantor financials, loan level covenants and market economic data. Reviews and interprets complex loan documents and servicing agreement requirements.
• Evaluates credit risk and proposes risk mitigants using an advanced level of knowledge of commercial real estate, industry terminology and real estate capital markets while adhering to established procedures.
• Prepares and presents formal recommendations for approval in accordance with applicable delegations of authority.
• Engages in frequent verbal and written communication with external parties on complex matters, which may include borrowers and their representatives, internal and external legal counsel, rating agencies, special servicers, and investors.
• Collaborates effectively with internal business partners and leverages commercial real estate expertise to drive cross-departmental decision making.
• Actively involved in process improvement initiatives and special departmental projects.

• 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.

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licenures needed to be successful in this position.

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

• Data Gathering and Reporting
• Decision Making and Critical Thinking
• Effective Communications
• Financial Statement Analysis
• Investment Reporting
• Managing Multiple Priorities
• Market Risk
• Negotiating
• Problem Solving
• Regulatory Environment – Financial Services

Roles at this level typically require a university/college degree, with 3+ years of relevant/direct industry experience. Certifications are often desired. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

Bachelors

No Required Certification(s)

No Required License(s)

• Medical and 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
• Ado…