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Senior Asset Manager - Asset Management - Midland

PNC

Birmingham, Alabama, 35201

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Salary:

$37000 - $91000 Year

Job type:

Monday to Friday

Job Schedule:

Day shift
10 hour shift

Job benefits:

Health insurance
Paid time off
Employee discount
Dental insurance
Vision insurance
401(k)
401(k) matching
Flexible schedule
Retirement plan
Others

Description:

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. As a Senior Asset Manager within PNC’s Midland Loan Servicing organization, you will be based withing the PNC Midland footprint of Kansas City, Dallas, or Birmingham.

Midland’s Asset Management group works with a diverse group of clients, which includes some of the largest lenders and investors in the commercial real estate market and the largest subordinate bond investors in the CMBS market. Our portfolios provide a wide range of opportunities for our employees to expand their skill sets. We work with our clients to create a customized set of advisory services, including performing asset management, special servicing, evaluative and risk management strategies for complex debt and equity structures, due diligence, and asset valuations.

A successful candidate will possess:
· Ability to effectively interpret complex loan documents and pooling and servicing agreements
· Ability to manage multiple tasks simultaneously and strong organizational skills.
· Strong written and verbal communication skills.
· Strong problem-solving skills.
· Ability to work independently.
· Ability to thrive in a team environment, both as a team member and a team leader.
Job Description

Oversees portfolios and/or customer request of high complexity and performs transaction analysis.
Reviews and processes customer requests related to the servicing of assets, monitors watch list assets, and may transfer assets to special servicing area. Prepares and presents cases and approval memoranda for approval as designated and makes suitable recommendations to leadership. Reserve administration.
May perform or coordinate inspections and complete reports.
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. Interprets loan documents and servicing agreements. May perform risk ratings, create investor reports and escalate issues accordingly, and manage credit risk and compliance documentation. Identifies process improvement opportunities and may create and update policies and procedures as necessary.
Engages in frequent verbal and written communication with internal and external parties which may include, high touch customers and their representatives, outside counsel, agencies, special servicers, and investors.
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.

Skill:

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

Others Requirements:

Roles at this level typically require a university
college degree
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)

Category:

Manufacturing

Positions:

On going position

Location:

General Location, within a limited area