PNC - Pittsburgh, PA
posted about 1 month ago
Full-time - Entry Level
Pittsburgh, PA
Credit Intermediation and Related Activities
About the position
The Capital Markets Associate - Portfolio Management at PNC plays a crucial role in facilitating the execution and administration of portfolios within the Corporate Banking organization. This position involves supporting a team in managing customer requests, generating reports, and ensuring compliance with policies and procedures. The associate will engage in risk assessment and management while collaborating with various internal and external stakeholders to deliver exceptional customer service.
Responsibilities
- Facilitates seamless execution and ongoing administration within the business.
- Supports a team overseeing portfolios and customer requests to identify and mitigate risk.
- Generates reports including portfolio, asset level, and business level financial and regulatory reporting.
- Assists in scheduling and recordkeeping for field exams to ensure adherence to established plans and procedures.
- Executes ongoing deal administration and surveillance plans, including reviewing and approving borrowing requests.
- Sets up and monitors covenant reporting requirements and reviews servicer reports and field exams.
- Evaluates market and economic data to determine impacts on portfolios.
- Reviews and interprets loan documents and servicing agreements, escalating issues as necessary.
- Manages credit risk and compliance documentation.
- Engages in communication with internal and external parties, including clients and other stakeholders.
Requirements
- Bachelor's degree or equivalent combination of education and experience.
- 2+ years of relevant professional experience in finance or related fields.
- Strong accounting experience.
- Experience with ACBS and Capital Stream.
Nice-to-haves
- Asset Management
- Coaching
- Corporate Finance
- Equity Trading Systems
- Facilitation
- Internal Reporting
- Investment Banking
- Operational Risks
- Reporting Requirements
Benefits
- Medical/prescription drug coverage with 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 with select programs fully paid
- Robust wellness program with financial incentives
- Maternity and/or parental leave
- Up to 11 paid holidays each year
- 8 occasional absence days each year
- 15 to 25 vacation days each year depending on career level and years of service
