Senior Asset Manager - Special Servicing Transferred Midland

PNC - Overland Park, KS

Part-time - Mid Level

Overland Park, KS

Credit Intermediation and Related Activities

About the position

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. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company's success. As a Senior Asset Manager within PNC's Midland organization, you will be based in office within the PNC Midland footprint of Kansas City, Dallas, or Birmingham. As a Senior Asset Manager, you will have a range of responsibilities including proactively monitoring key performance indicators, critical dates, and covenant performance of underwritten business plans. You will review complex borrower requests and develop recommendations for client approval. Additionally, you will review and process customer requests related to the servicing of assets, monitor watch list assets, and may transfer assets to the special servicing area. You will prepare and present cases for approval as designated and make suitable recommendations to leadership. In this role, you will oversee portfolios and/or customer requests of high complexity and perform transaction analysis. You will review and process customer requests related to the servicing of assets, monitor watch list assets, and may transfer assets to the special servicing area. You will prepare and present cases and approval memoranda for approval as designated and make suitable recommendations to leadership. You will also be involved in reserve administration and may perform or coordinate inspections and complete reports. Your responsibilities will include reviewing 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. You will interpret loan documents and servicing agreements, perform risk ratings, create investor reports, escalate issues accordingly, and manage credit risk and compliance documentation. Identifying process improvement opportunities and creating and updating policies and procedures as necessary will also be part of your role. Frequent verbal and written communication with internal and external parties will be essential, 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. You will also be responsible for managing risk by assessing and effectively managing all of the risks associated with your business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.

Responsibilities

• Proactively monitoring key performance indicators, critical dates, and covenant performance of underwritten business plans.
• Reviewing complex borrower requests and developing recommendations for client approval.
• Reviewing and processing customer requests related to the servicing of assets.
• Monitoring watch list assets and may transfer assets to special servicing area.
• Preparing and presenting cases for approval as designated and making suitable recommendations to leadership.
• Overseeing portfolios and/or customer requests of high complexity and performing transaction analysis.
• Preparing and presenting cases and approval memoranda for approval as designated.
• Engaging in frequent verbal and written communication with internal and external parties.

Requirements

• University/college degree with 3+ years of relevant/direct industry experience.
• Knowledge of financial statement analysis and investment reporting.
• Strong decision-making and critical thinking skills.
• Effective communication skills, both verbal and written.
• Ability to manage multiple priorities and negotiate effectively.
• Understanding of market risk and regulatory environment in financial services.

Nice-to-haves

• Certifications in relevant fields are often desired.
• Experience in risk ratings and creating investor reports.

Benefits

• 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
• Robust wellness program with financial incentives
• Paid maternity and/or parental leave
• Up to 11 paid holidays each year
• 8 occasional absence days each year
• Between 15 to 25 vacation days each year, depending on career level and years of service.