Senior Asset Manager - Midland

Position Overview As a Senior Asset Manager within PNC's Midland organization, you will be based within the PNC Midland footprint. Responsibilities Evaluating asset or customer's cash flows, balance sheet, long-term business plans and other relevant financial information. Reviews financial statements related to the asset, market, and economic data to determine the economic impact and/or compliance impact for the operation of the assets. Oversees portfolios and/or customer request of high complexity and performs transaction analysis. Interprets loan documents, servicing agreements and transaction deal structure. May perform risk ratings, creates investor reports, and escalates issues accordingly, and manages credit risk and compliance documentation. Job Description Oversees portfolios and borrower requests of medium to high complexity for securitized CMBS, Agency, SFR, SASB or other portfolios comprised of loans secured by income-producing commercial real estate. Analyzes various financial reports, including property operating statements, loan guarantor financials, loan-level covenants and market economic data. Reviews and interprets complex loan documents and servicing agreement requirements. Evaluates credit risk and proposes risk mitigants using advanced 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 on complex matters, 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 drive cross-departmental decision making. Actively involved in process improvement initiatives and special departmental projects. Expectations 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 3+ years of relevant / direct industry experience. Certifications are often desired. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered. Education & Certifications Education: Bachelors Certifications: None required Licenses: None required Benefits PNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include: Medical/prescription drug coverage (with a Health Savings Account feature) Dental and vision options Employee and spouse/child life insurance Short and long-term disability protection 401(k) with PNC match, pension and stock purchase plans Dependent care reimbursement account Back-up child/elder care Adoption, surrogacy, and doula reimbursement Educational assistance, including select programs fully paid A robust wellness program with financial incentives Paid time off includes maternity and/or parental leave; up to 11 paid holidays each year; 9 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service. Disability Accommodations Statement If an accommodation is required to participate in the application process, please contact us via email at View email address on click.appcast.io. Please include “accommodation request” in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call View phone number on click.appcast.io and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations. At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions. Equal Employment Opportunity (EEO) PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law. This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history. California Residents Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices. #J-18808-Ljbffr PNC Financial Services Group, Inc.