Balance Sheet Specialist

Fairygodboss; Pittsburgh (Allegheny County); On-site; USD 90,000 - 120,000; Full time

Job summary

PNC Financial Services Group is seeking a detail-oriented Balance Sheet Specialist for its ALM Valuations team. Based in Pittsburgh, PA or Delaware, you will support valuation, financial reporting, risk analysis, and governance of Commercial Mortgage Servicing Rights (CMSR) as a core balance sheet asset.

You will leverage strong financial modeling, accounting, and data analytics skills to evaluate CMSR performance and fair value, assist regulatory and management reporting, and identify trends

Responsibilities

• Valuation analyses for CMSR assets and balance sheet impact.
• Prepare journal entries and balance sheet reporting for CMSR portfolios.
• Monitor portfolio performance, conduct P&L attribution analyses, and support key business decisions.

Job description

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 a Balance Sheet Specialist within PNC's Finance organization, you will be based in either Pittsburgh, PA or Delaware, supporting key balance sheet management and financial operations activities.

PNC is seeking a detail-oriented and analytically driven Balance Sheet Specialist to join the ALM Valuations team. This role plays a critical part in supporting the valuation, financial reporting, risk analysis, and governance of Commercial Mortgage Servicing Rights (CMSR), a significant balance sheet asset tied to the servicing of commercial real estate loans.

The successful candidate will leverage strong financial modeling, accounting, and data analytics skills to evaluate the performance and fair value of CMSR assets, support regulatory and management reporting, and identify emerging trends and risks within the commercial real estate portfolio. Responsibilities include performing valuation analyses, preparing journal entries and balance sheet reporting, monitoring portfolio performance, conducting P&L attribution analysis, and supporting key business decisions related