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 Fund Manager within PNC's Multifamily Capital organization, you will be based in Louisville, Dallas, Portland, Pittsburgh, Atlanta, Calabasas or Boston. Other locations within the PNC footprint will be considered.

The Senior Fund Manager will manage a team of Fund Managers and will be focused primarily on LIHTC and New Markets Tax Credit.

Job Description

• Creates and manages performance of highly complex multi-investor and proprietary fund offerings from initial closing through term of the investment.
• Evaluates and reports upon data consistent to fund performance. Leads fund closings and fund modifications that would affect fund metrics. Analyzes and reporting fund-level metrics, elevating issues that might affect the fund to the manager of fund management, recommends alternative structures as appropriate. Provides fund summary information and responds to investor questions.
• Monitors overall fund performance, including yield maintenance through investors, both through financial modeling and transaction level performance. Performs internal and external reporting on fund performance, ad hoc and specific analytic tasks as requested. Develops and maintains the upper tier model to ensure assumptions are consistent with internal and investor requirements. Assists with pricing analysis.
• Evaluates requested transaction-level modifications and exceptions to guidelines for matters affecting the funds, including but not limited to early release of equity, changes to transactional cash flow, dispositions, etc.
• Manages the process of investment fund capital and revenue through investment calls for investors and, as appropriate, calls on lines of credit as a means to manage capital.

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 needed to be successful in this position.

Preferred Skills

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