Asset Manager - Asset Management - Midland

PNC•Little Rock, AR

1d•Onsite

About The Position

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. As an Asset Manager within PNC’s Midland Loan Servicing organization, you will be based in office within the PNC Midland footprint. Midland’s Asset Management group works with a diverse group of clients, which includes some of the largest lenders and investors in the commercial real estate market and the largest subordinate bond investors in the CMBS market. Our portfolios provide a wide range of opportunities for our employees to expand their skill sets. We work with our clients to create a customized set of advisory services, including performing asset management, special servicing, evaluative and risk management strategies for complex debt and equity structures, due diligence, and asset valuations. 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.

Requirements

Ability to effectively interpret complex loan documents and pooling and servicing agreements
Ability to manage multiple tasks simultaneously and strong organizational skills.
Strong written and verbal communication skills.
Strong problem-solving skills.
Ability to work independently.
Ability to thrive in a team environment, both as a team member and a team leader.
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
University / college degree, with 2+ years of relevant professional experience. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

Responsibilities

Oversees portfolios and/or Borrower requests of routine to medium complexity for securitized CMBS, Agency, SASB, SFR or other portfolios comprised of loans secured by income producing commercial real estate.
Analyze various financial reports, including property operating statements, loan guarantor financials, loan level covenants, and market economic data.
Review and interpret complex loan document and servicing agreement provisions.
Evaluates credit risk and proposes risk mitigants using a working 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 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 assist with cross-departmental decision making.
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.

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