Senior Special Assets Manager managing distressed commercial real estate loans within the Midland organization at PNC. Collaborating with business partners to optimize asset resolution and mitigate losses.
Responsibilities
Manages routine special serviced loans and/or portfolios of customers of medium complexity and performs transaction analysis with the goal of minimizing losses and optimizing resolution.
Gathers financial data, prepares analysis and develops workout strategy and alternatives for a portfolio.
Reviews relevant documents and transaction deal structure.
Negotiates workout options with customers to reduce risks and losses.
Works with internal and external business partners and borrowers to better secure collateral coverage.
Adheres to established policies, procedures and regulations.
Evaluates asset or customer's cash flow, balance sheet, long-term business plans, and other relevant financial information.
Performs site inspections for properties managed by special assets.
Works with internal and external business partners, which may include outside counsel, on negotiations and documentation to mitigate risk.
May serve as a mentor to peers.
Requirements
3+ years of relevant / direct industry experience
Bachelors
Accuracy and Attention to Detail
Analytical Thinking
Credit Analysis and Verification
Customer Interaction
Effective Communications
Financial Statement Analysis
Negotiating
Portfolio Management
Problem Solving
Regulatory Environment - Financial Services
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
a robust wellness program with financial incentives
maternity and/or parental leave
up to 11 paid holidays each year
9 occasional absence days each year, unless otherwise required by law
between 15 to 25 vacation days each year, depending on career level; and years of service
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