Special Assets Associate II - Trust Real Estate

PNC•San Antonio, TX

1d•Onsite

About The Position

Provides management and analysis of fiduciary, investment and operational processes surrounding special asset valuations and asset set up and movement. When a fiduciary analyst has an issue or question pertaining to a special asset they will reach out to this group. Analyzes complex documentation including subscription agreements, operating agreements, management letters, annual reports, and financial statements to ensure proper documentation, valuation, and treatment of special assets to conform with regulatory and compliance requirements. Provides consultation, direction and advice to internal and external customers & service providers related to special assets. Reviews existing processes and drives improvements/implementation. Updates standard operating procedures and ensures non-standard processing is in accordance with AMG's risk appetite. Participates in and serves as subject matter resource for projects. Reviews reports to identify exceptions, monitor quality, and ensure compliance. Participates in risk mitigation activities and ensures all activities comply with regulatory and policy and procedure requirements. Executes complex transactions/processes utilizing standard proceduresand at times addresses unique situations and verifies work processes to ensure completeness, accuracy, and conformance to established service levels and applicable procedures. 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.

Nice To Haves

Strong Excel and OneNote experience
Solutions focused, adaptable and flexible
Excellent communicator
Knowledge of Real Estate and/or experience with Oil, Gas and Mineral Interests a plus
Capital Management
Commercial Real Estate Lending
Decision Making
Economic Policy
General Ledger (GL)
Investment Management
Operations Processes
Retail Banking
Effective Communications
Effectiveness Measurement
Financial Statement Analysis
Managing Multiple Priorities
Operational Functions
Operational Risk
Planning: Tactical, Strategic
Problem Management Process
Process Management
Products and Services

Responsibilities

Provides management and analysis of fiduciary, investment and operational processes surrounding special asset valuations and asset set up and movement.
Analyzes complex documentation including subscription agreements, operating agreements, management letters, annual reports, and financial statements to ensure proper documentation, valuation, and treatment of special assets to conform with regulatory and compliance requirements.
Provides consultation, direction and advice to internal and external customers & service providers related to special assets.
Reviews existing processes and drives improvements/implementation.
Updates standard operating procedures and ensures non-standard processing is in accordance with AMG's risk appetite.
Participates in and serves as subject matter resource for projects.
Reviews reports to identify exceptions, monitor quality, and ensure compliance.
Participates in risk mitigation activities and ensures all activities comply with regulatory and policy and procedure requirements.
Executes complex transactions/processes utilizing standard proceduresand at times addresses unique situations and verifies work processes to ensure completeness, accuracy, and conformance to established service levels and applicable procedures.

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