Asset Management Associate: Collateral Surveillance

PNC Financial Services; Boca Raton (FL); On-site; USD 65,000 - 90,000; Full time

Job summary

PNC Financial Services invites an Associate Asset Manager - Collateral Surveillance to focus on securitized CRE portfolios, monitor watch lists, and assess equity risk for assigned assets.

You will review financial statements, covenants, and market data, coordinating with internal teams and external partners as needed to ensure compliance and accurate reporting.

This in-office role supports the Midland organization and offers opportunities to contribute to risk management and asset performance.

Qualifications

• Bachelor's degree required with < 1 year of professional experience or completion of a formal development program.
• Proven ability to make accurate and informed decisions.
• Strong financial accounting and analysis skills.
• Strong verbal and written communication abilities.
• Effective multitasking and ability to manage multiple tasks and priorities and meet deadlines.
• Team-oriented with ability to collaborate effectively.

Responsibilities

• Oversees limited portfolios and/or routine Borrower requests and inquiries for securitized CMBS, Agency, SASB, SFR or other portfolios comprised of loans secured by income producing commercial real estate.
• May possess a working knowledge of commercial real estate, industry terminology and real estate capital markets.
• Responsible for monitoring and reporting on watch list assets.
• Reviews financial statements, loan covenants, market, and economic data to determine the economic and/or compliance impact.
• Assess property inspections for watch lists determinations and further escalation to internal partners.
• Reviews and responds to external party inquiries related to the assigned portfolios while adhering to established compliance procedures. May interact with external parties which include internal and external legal counsel, rating agencies, special servicers, and investors.
• Collaborates effectively with internal business partners to aid with cross-departmental decision making.

Skills

Asset Management

Decision Making

Financial Accounting

Financial Management

General Ledger

Investment Management

Revenue Recognition

Education

Bachelor's

Job description

PNC Financial Services invites an Associate Asset Manager - Collateral Surveillance to focus on securitized CRE portfolios, monitor watch lists, and assess equity risk for assigned assets.

You will review financial statements, covenants, and market data, coordinating with internal teams and external partners as needed to ensure compliance and accurate reporting.

This in-office role supports the Midland organization and offers opportunities to contribute to risk management and asset performance.