PNC Real Estate Portfolio Manager 

United States, Pennsylvania, Pittsburgh 

760369570

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.Key responsibilities include but are not limited to:• Manages real estate development transactions as assigned by Director of Site Selection for new markets and growth strategies.
• Understands site development process and business needs in terms of market position, branding and corporate business opportunity.
• Monitors and conducts due diligence of development sites through the project phase, working closely with Design and Construction teams.
• Understands retail real estate market and trade area analysis, with ability to identify quality business development opportunities for retail branch network growth.
• Understands retail leasing and has the ability to negotiate letter of intent and retail lease terms against specific market conditions with a goal of the best possible outcome for corporate business needs, goals and strategies.Up to 25% of travel may be required for real estate development initiatives.
Job Description

• Manages all of the real estate assets and holds responsibility for the financial performance of a portfolio. Responsible for 200-300 assets.
• Oversees the day-to-day performance of the real estate portfolio.
• Prepares fiduciary reports, policies and practices for the transactions group through data collection.
• Monitors and conducts due diligence regarding bank acquisitions and mergers of other bank organizations.
• Understands business need and negotiates contracts that align with business needs and overall strategy of the company from a valuation perspective and ensures that all properties are well maintained, stabilized and correctly positioned in market segment.

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.

Corporate Finance, Decision Making, Economic Policy, Financial Accounting, Financial Management, Investment Strategies, Real Estate, Real Estate Consulting, Real Estate Development, Real Estate Development Process, Real Estate Transactions, Trading StrategiesRoles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience. Certifications are often desired. 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)PNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include: 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. In addition, PNC generally provides the following paid time off, depending on your eligibility*: maternity and/or parental leave; up to 11 paid holidays each year; 8 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.

California Residents

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