Special Assets Consultant - Midland

PNC•Overland Park, KS

1d•Onsite

About The Position

At PNC, the Special Assets Consultant role within the Midland organization is an in-office position focused on managing special serviced loans and/or portfolios of customers with mid to high complexity. The primary objective is to minimize losses and optimize resolutions through transaction analysis. This involves gathering financial data, preparing analyses, and developing workout strategies. The consultant reviews relevant documents, negotiates workout options with customers to mitigate risks, and collaborates with internal and external partners, including borrowers and outside counsel, to secure collateral coverage and document agreements. Adherence to established policies and regulations is crucial. The role also requires evaluating asset or customer's financial health, including cash flow, balance sheets, and long-term business plans, and conducting site inspections for properties under special assets management. Consultants are expected to be customer-focused, prioritizing customer needs and satisfaction, and skilled in managing risks in line with PNC's Enterprise Risk Management Framework. This position may also involve mentoring peers and conducting team training. PNC emphasizes an inclusive workplace culture and will not provide sponsorship for employment visas or participate in STEM OPT for this role.

Requirements

Appropriate knowledge, skills, and abilities for a role.
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.
Bachelor's degree.
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.
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.
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.
Manage 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.

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 plan
Stock purchase plans
Dependent care reimbursement account
Back-up child/elder care
Adoption reimbursement
Surrogacy reimbursement
Doula reimbursement
Educational assistance, including select programs fully paid
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.