PNC - Pittsburgh, PA
posted 27 days ago
Full-time - Mid Level
Pittsburgh, PA
Credit Intermediation and Related Activities
About the position
As a Capital Markets Associate - Portfolio Management at PNC, you will play a crucial role in supporting the Corporate Banking organization by facilitating the execution and administration of portfolios. This position involves working closely with a team to manage customer requests, generate reports, and ensure compliance with policies and procedures. You will be responsible for evaluating market data, managing credit risk, and communicating with various stakeholders to deliver exceptional service to clients.
Responsibilities
- Facilitates seamless execution, ongoing administration, and internal reporting within the business.
- Supports a team of professionals overseeing portfolios and customer requests to identify and mitigate risk.
- Generates reports, including portfolio and asset level as well as 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 and monitoring covenant reporting requirements.
- 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, engaging in communication with internal and external parties.
Requirements
- Bachelor's degree in Accounting, Corporate Finance, or related field.
- 2+ years of relevant professional experience in financial services or a related field.
- Strong communication skills, both verbal and written.
- Experience with regulatory reporting and risk management frameworks.
Nice-to-haves
- Strong accounting experience
- Experience with ACBS and Capital Stream
- Knowledge of asset management and investment banking practices.
Benefits
- Wellness program
- Health savings account
- Paid holidays
- Disability insurance
- Dependent care reimbursement
- Health insurance
- Dental insurance
- Flexible spending account
- Tuition reimbursement
- Paid time off
- Parental leave
- Vision insurance
- 401(k) matching
- Life insurance
- Prescription drug insurance
