Jobs and Careers
PN
Senior Asset Manager - Special Servicing Transferred – Midland
PNCKansas City, United Statesfull_timeVerifiedPosted 6 Sept 2024
About the role
Position Overview
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
•Reviewing complex borrower requests and developing recommendations for client approval.
•Reviews and processes customer requests related to the servicing of assets, monitors watch list assets, and may transfer assets to special servicing area.
•Prepare and present cases for approval as designated and makes suitable recommendations to leadership.
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.
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
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