Real Estate Portfolio Manager

PNCPittsburgh, PA
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. 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 Real Estate Portfolio Manager within PNC's Realty Services organization, you will be based in Pittsburgh, PA PNC is seeking a Real Estate Portfolio Manager to join its Realty Services organization. In this role, you will manage a large portfolio of corporate real estate assets, overseeing lease administration, portfolio performance, and complex real estate transactions. The position requires a strong understanding of commercial real estate, lease negotiation, lease language and clauses, contract management, and relationship management across a variety of internal and external stakeholders. The ideal candidate will have experience negotiating and managing complex, high-value leases while maintaining strict attention to detail in a fast-paced, high-volume environment. You'll work closely with property managers, leasing agents, landlords, internal legal teams, and business partners to resolve property-related issues, ensure compliance with lease terms, and support the company's overall real estate strategy. Key responsibilities include managing real estate assets, overseeing portfolio performance, conducting due diligence related to acquisitions and mergers, preparing portfolio and fiduciary reports, and negotiating contracts that align with business objectives while maximizing property value and operational efficiency.

Requirements

  • Commercial real estate portfolio management experience.
  • Experience negotiating and interpreting leases, lease clauses, and contract terms.
  • Strong negotiation and relationship management skills.
  • Ability to manage a high volume of transactions while maintaining exceptional attention to detail.
  • Experience partnering with landlords, property managers, leasing agents, legal teams, and business stakeholders.
  • Strong organizational, analytical, and communication skills.
  • Bachelors degree
  • 3+ years of relevant / direct industry experience.

Nice To Haves

  • Corporate Finance
  • Decision Making
  • Economic Policy
  • Financial Accounting
  • Financial Management
  • Investment Strategies
  • Real Estate
  • Real Estate Development
  • Trading Strategies

Responsibilities

  • Manages all of the real estate assets and holds responsibility for the financial performance of a portfolio. Responsible for 200-300 assets.
  • Oversees the day-to-day performance of the real estate portfolio.
  • Prepares fiduciary reports, policies and practices for the transactions group through data collection.
  • Monitors and conducts due diligence regarding bank acquisitions and mergers of other bank organizations.
  • Understands business need and negotiates contracts that align with business needs and overall strategy of the company from a valuation perspective and ensures that all properties are well maintained, stabilized and correctly positioned in market segment.

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.
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