Asset Manager

PNC•Portland, OR

4d•Onsite

About The Position

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. 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.

Requirements

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.
Bachelors
No Required Certification(s)
No Required License(s)

Nice To Haves

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

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.

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