Asset Manager

Asset Manager

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 an Asset Manager within PNC's Commercial Real Estate organization, you will be based in Calabasas, CA, Columbus, OH, Dallas, TX or Portland, OR.

Responsibilities:

• Be in-charge of Asset Management functions such as analyzing property inspection reports, preparing, and presenting Risk Ratings, Periodic Reviews & Borrower Consent requests for Multifamily loans that are on mainly on PNC's balance sheet.
• Maintain and update procedures as needed to comply with internal controls.

Job Description:

• Oversees portfolios and/or Borrower requests of routine to medium complexity for securitized CMBS, Agency, SASB, SFR or other portfolios comprised of loans secured by income producing commercial real estate.
• Analyzes various financial reports, including property operating statements, loan guarantor financials, loan level covenants, and market economic data. Review and interpret complex loan document and servicing agreement provisions.
• Evaluates credit risk and proposes risk mitigants using a working knowledge of commercial real estate, industry terminology and real estate capital markets while adhering to established procedures.
• Prepares and presents formal recommendations for approval in accordance with applicable delegations of authority.
• Engages in frequent verbal and written communication with external parties which may include borrowers and their representatives, internal and external legal counsel, rating agencies, special servicers, and investors.
• Collaborates effectively with internal business partners and leverages commercial real estate expertise to assist with cross-departmental decision making.

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:

Asset Management, Decision Making, Financial Accounting, Financial Management, General Ledger (GL), Investment Management, Revenue Recognition

Competencies:

Data Gathering and Reporting, Decision Making and Critical Thinking, Effective Communications, Financial Statement Analysis, Investment Reporting, Managing Multiple Priorities, Market Risk, Negotiating, Problem Solving, Regulatory Environment - Financial Services

Work Experience:

Roles at this level typically require a university / college degree, with 2+ years of relevant professional experience. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

Education:

Bachelors

Certifications:

No Required Certification(s)

Licenses:
No Required License(s)

Pay Transparency:
Base Salary: $45,000.00 $ Salaries may vary based on geographic location, market data and on individual skills, experience, and education. This role is incentive eligible with the payment based upon company, business and/or individual performance.

Application Window:
Generally, this opening is expected to be posted for two business days from 12/19/2025, although it may be longer with business discretion.

Benefits: PNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility,…