Senior Asset Manager - Midland

PNC•Overland Park, KS

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. 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. As a Senior Asset Manager, you will have a range of responsibilities including: •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 request of high complexity and performs transaction analysis. •Interprets loan documents, servicing agreements and transaction deal structure. •May perform risk ratings, create investor reports, and escalate issues accordingly, and manage credit risk and compliance documentation. 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. 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. Analyze various financial reports, including property operating statements, loan guarantor financials, loan level covenants and market economic data. Review and interpret 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.

Requirements

Roles at this level typically require a university / college degree, with 3+ years of relevant / direct industry 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

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 request of high complexity and performs transaction analysis.
Interprets loan documents, servicing agreements and transaction deal structure.
May perform risk ratings, create investor reports, and escalate 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.
Analyze various financial reports, including property operating statements, loan guarantor financials, loan level covenants and market economic data.
Review and interpret 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.