Associate Asset Manager - Midland

PNC•Home Location-KS (KSH01), KS

About The Position

The Associate Asset Manager - Collateral Surveillance oversees limited portfolios and routine borrower requests and inquiries for securitized CMBS, Agency, SASB, SFR, or other portfolios of loans secured by income-producing commercial real estate. The role reviews financial statements, loan covenants, market and economic data, and property inspections to assess economic and compliance impacts and determine watch-list status or escalation needs. It monitors and reports on watch-list assets, responds to inquiries in accordance with compliance procedures, and collaborates with internal business partners on cross-departmental decisions. The position may also support collateral boarding, reporting, and other Asset Management Department analysis. The role is within PNC's Midland organization and is based within the PNC Midland footprint. Remote work may be available in select locations with PNC approval, with occasional in-office participation potentially required. Any approved home workspace must be quiet, secure, and confidential.

Requirements

A university or college degree with less than one year of professional experience, and/or successful completion of a formal development program; a comparable combination of education, job-specific certifications, and experience, including military service, may be considered in lieu of a degree.
Working knowledge of commercial real estate, industry terminology, and real estate capital markets.
Ability to make accurate and informed decisions.
Strong financial accounting and analysis skills.
Strong verbal and written communication abilities.
Ability to multitask, manage multiple priorities, and meet deadlines.
Ability to collaborate effectively as part of a team.
Customer-focused approach, with attention to customer needs and satisfaction in business decisions.

Nice To Haves

Skills in asset management, decision-making, financial accounting, financial management, general ledger, investment management, or revenue recognition.
Competencies in attention to detail, data gathering and reporting, critical thinking, effective communications, financial statement analysis, flexibility and adaptability, investment reporting, market risk, and the financial-services regulatory environment.

Responsibilities

Oversee limited portfolios and routine borrower requests and inquiries involving securitized CMBS, Agency, SASB, SFR, or other commercial real estate loan portfolios.
Review financial statements, loan covenants, market data, and economic data to determine economic and compliance impacts.
Monitor and report on watch-list assets.
Assess property inspections to determine watch-list status and whether escalation to internal partners is needed.
Review and respond to inquiries from external parties while following established compliance procedures.
Interact with external parties, including internal and external legal counsel, rating agencies, special servicers, and investors.
Collaborate with internal business partners to support cross-departmental decision-making.
Board collateral-related information and provide required reporting to other parties.
Potentially provide analytical or other support to the Asset Management Department.
Manage risks associated with business objectives and activities in accordance with PNC's Enterprise Risk Management Framework.

Benefits

Medical and prescription drug coverage, including a Health Savings Account feature, for eligible full-time employees.
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 and elder care.
Adoption, surrogacy, and doula reimbursement.
Educational assistance, including select fully paid programs.
Wellness program with financial incentives.
Maternity and/or parental leave, depending on eligibility.
Up to 11 paid holidays each year, depending on eligibility.
9 occasional absence days each year, unless otherwise required by law, depending on eligibility.
15 to 25 vacation days each year, depending on career level and eligibility.