Associate Asset Manager - Midland

PNC; Overland Park (KS); On-site; USD 65,000 - 90,000; Full time

Job summary

PNC is seeking an Associate Asset Manager - Collateral Surveillance within the Midland organization, based in the Midland footprint. This role supports asset management activities for securitized real estate and monitors watch list assets while ensuring compliance with applicable procedures.

Duties include reviewing financial statements, loan covenants, market data, and interacting with external parties; the role requires strong analytical skills and attention to regulatory requirements.

Responsibilities

• Reviews financial statements, loan covenants, market and economic data for securitized real estate to determine economic/compliance impact.
• Determines an equity risk category and oversees assigned portfolios.
• Reviews and processes customer inquiries while adhering to established compliance procedures.
• Monitors and reports on watch list assets.
• Interacts with external parties including rating agencies, special servicers, investors and 17G-5 providers.
• Interacts with internal parties.
• Assesses property inspections for watch lists determinations.

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 Associate Asset Manager - Collateral Surveillance within PNC's Midland organization, you will be based within the PNC Midland footprint.

R231118

Job Profile

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 Associate Asset Manager - Collateral Surveillance within PNC's Midland organization, you will be based within the PNC Midland footprint.

Some Duties Include

• Reviews financial statements, loan covenants, market, and economic data for CMBS, SFR, Agency, SASB or other securitized commercial real estate to determine the economic and/or compliance impact.
• Determines an equity risk category and oversees assigned portfolios.
• Reviews and processes customer inquiries while adhering to established compliance procedures.
• Monitors and reports on watch list assets.
• Interacts with external parties, may include rating agencies, special servicers, investors, 17G-5 providers. May include financial/operating results, ratings or other.
• Interacts with internal parties.
• Assess property inspections for watch lists determinations and further