Asset Manager - Referred Matters - Midland

PNC

Overland Park (KS)

On-site

USD 90,000 - 130,000

Full time

10 days ago

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Benefits offered by this job

Medical/prescription coverage with HSA

Dental and vision options

Life insurance

Disability protection

401(k) with PNC match

Pension and stock purchase plans

Dependent care reimbursement

Parental leave

Paid holidays

Vacation days

Job summary

PNC is seeking an Asset Manager to oversee portfolios and borrower requests within its Midland footprint. You will analyze financials, review loan documents, and collaborate with Special Servicers to manage risk and ensure timely processing of requests.

The role requires a finance-related degree and relevant experience with CRE debt, CMBS, or securitized portfolios. Strong communication and diligence are essential for success in a fast-paced, in-office environment.

Qualifications

Roles at this level typically require a 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 may be considered.
No Required Certification(s)

Responsibilities

Oversees portfolios and/or Borrower requests of routine to medium complexity for securitized CMBS, Agency, SASB, SFR 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.
Evaluates credit risk and proposes risk mitigants using a working knowledge of commercial real estate and real estate markets.
Prepares and presents formal recommendations for approval per delegations of authority.
Engages in frequent verbal and written communication with external parties including borrowers, counsel, rating agencies, and investors.
Collaborates with internal partners to assist cross-departmental decision making.

Skills

Asset Management

Decision Making

Financial Accounting

Financial Management

General Ledger

Investment Management

Revenue Recognition

Data Gathering

Decision Making and Critical Thinking

Effective Communications

Financial Statement Analysis

Investment Reporting

Managing Priorities

Market Risk

Negotiating

Problem Solving

Regulatory Environment

Education

Bachelor's

Job description

Position Overview

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 an Asset Manager within PNC's Midland organization, you will be based within the PNC Midland footprint.

R230831

Job Profile

Position Overview

As an Asset Manager, you will have a range of responsibilities including:

Responsible for forwarding all required documentation and key loan details to the designated Special Servicer to initiate the review and processing of a borrower request.
Collaborate closely with Special Servicers to provide context, share due diligence materials, and ensure a consistent understanding of the loan’s status and risks.
Monitor assigned mailboxes for each Special Servicer.
Responsible for timely updating comments on each referred matters task.
Tracking and following up on all outstanding referred requests.
Review, image and disseminate Special Servicer’s completed consent packages and circulate to the appropriate internal teams.
Ensure completion of tasks related to a conditional approval from a Special Servicer.
Process relevant fees and disbursements.

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.

Job Description

Oversees portfolios and/or Borrower requests of routine to medium complexity for securitized CMBS, Agency, SASB, SFR 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 document and servicing agreement provisions.
Evaluates credit risk and proposes risk mitigants using a working 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 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 assist with cross-departmental decision making.

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.

Qualifications

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.

Preferred Skills

Asset Management
Decision Making
Financial Accounting
Financial Management
General Ledger (GL)
Investment Management
Revenue Recognition

Competencies

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

Work Experience

Roles at this level typically require a 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.

Education

Bachelors

Certifications

No Required Certification(s)

Licenses

No Required License(s)

Benefits