PNC Associate Asset Manager 

United States, California, Calabasas 

348183086

This position is primarily based in a PNC location. Responsibilities require time in the office or in the field on a regular basis. Some responsibilities may be performed remotely, at manager’s discretion.As an Associate Asset Manager you will be responsible for the accurate and timely input and analysis of multifamily real estate income statements as well as providing updated trend analyses for the portfolio overall. The ideal candidate will have knowledge of basic accounting and an interest in commercial real estate finance.Job Description

• Potentially oversees a limited portfolio and provides analytical support to the asset manager.
• Reviews financial statements, market, and economic data to determine the economic impact and/or compliance impact for the operation of the assets. May follow-up with internal and external parties with financial/operating results. May inquire about effectiveness of new operating/marketing strategies where appropriate. May determine an equity risk category. May review and process customer requests related to the servicing of assets.
• May participate in the preparation of modification and loan conversion memos.
• May review and process customer requests related to the servicing of assets, monitors watch list assets, and may transfer assets to special servicing area. Reserve administration.
• May schedule, perform or coordinate inspections and complete reports.

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 requiredneeded to be successful in this position.

Asset Management, Decision Making, Financial Accounting, Financial Management, General Ledger (GL), Investment Management, Revenue RecognitionAccuracy and Attention to Detail, Data Gathering and Reporting, Decision Making and Critical Thinking, Effective Communications, Financial Statement Analysis, Flexibility and Adaptability, Investment Reporting, Market Risk, Regulatory Environment - Financial ServicesRoles at this level typically require a university / college degree with < 1 year of professional experience and/or successful completion of a formal development program. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.No Required Certification(s)No Required License(s)
California Residents

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