Remote Associate Asset Manager, Collateral Surveillance

PNC; United States; Hybrid; USD 70,000 - 90,000; Full time

Benefits offered by this job

Health benefits

401(k) with company match

Paid time off

Job summary

PNC is seeking an Associate Asset Manager - Collateral Surveillance within its Midland organization. This role focuses on monitoring securitized commercial real estate portfolios, reviewing financial data, and ensuring compliance across watch lists and borrower inquiries.

The ideal candidate typically holds a bachelor’s degree with limited professional experience and strong communication and analytical skills. Remote work may be available in select locations with approval.

Qualifications

• Roles at this level typically require a university / college degree with < 1 year of professional experience.
• In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
• Working knowledge of commercial real estate, including industry terminology and capital markets.
• Proven ability to make accurate and informed decisions.
• Strong financial accounting and analysis skills.
• Strong verbal and written communication abilities.
• Effective multitasking skills with the capability to manage multiple tasks and priorities simultaneously and meet deadlines.
• Team-oriented mindset with the 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 (GL)

Investment Management

Revenue Recognition

Education

Bachelor's

Job description

PNC is seeking an Associate Asset Manager - Collateral Surveillance within its Midland organization. This role focuses on monitoring securitized commercial real estate portfolios, reviewing financial data, and ensuring compliance across watch lists and borrower inquiries.

The ideal candidate typically holds a bachelor’s degree with limited professional experience and strong communication and analytical skills. Remote work may be available in select locations with approval.