Special Assets Consultant

PNC•Boston, MA

5d•Hybrid

About The Position

Manages special serviced loans and/or portfolios of customers of mid to high complexity and performs transaction analysis with the goal of minimizing losses and optimizing resolutions. Gathers financial data, prepares analysis and develops workout strategy and alternatives for a portfolio. Reviews relevant documents and transaction deal structure. Negotiates workout options with customers to reduce risks and losses. Works with internal and external business partners and borrowers to better secure collateral coverage. Adheres to established policies, procedures and regulations. Evaluates asset or customer's cash flow, balance sheet, long-term business plans, and other relevant financial information. Performs site inspections for properties managed by special assets. Works with internal and external business partners, which may include outside counsel, on negotiations and documentation to mitigate risk. May serve as a mentor to peers and conduct team training.

Requirements

University / college degree, with 5+ years of industry-relevant experience.
Specific certifications are often required.
In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
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.
Accuracy and Attention to Detail
Analytical Thinking
Credit Analysis and Verification
Customer Interaction
Effective Communications
Financial Statement Analysis
Negotiating
Portfolio Management
Problem Solving
Regulatory Environment - Financial Services

Nice To Haves

Asset Management
Capital Management
Cash Flow
Coaching
Competitive Advantages
Corporate Finance
Decision Making
Economic Policy
Equities Trading

Responsibilities

Manages special serviced loans and/or portfolios of customers of mid to high complexity and performs transaction analysis with the goal of minimizing losses and optimizing resolutions.
Gathers financial data, prepares analysis and develops workout strategy and alternatives for a portfolio.
Reviews relevant documents and transaction deal structure.
Negotiates workout options with customers to reduce risks and losses.
Works with internal and external business partners and borrowers to better secure collateral coverage.
Adheres to established policies, procedures and regulations.
Evaluates asset or customer's cash flow, balance sheet, long-term business plans, and other relevant financial information.
Performs site inspections for properties managed by special assets.
Works with internal and external business partners, which may include outside counsel, on negotiations and documentation to mitigate risk.
May serve as a mentor to peers and conduct team training.

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