[Remote] Special Assets Consultant - Midland
Note: The job is a remote job and is open to candidates in USA. PNC is a company that values its employees as its greatest differentiator and competitive advantage. The Special Assets Consultant role involves managing special serviced loans and portfolios to minimize losses and optimize resolutions, while collaborating with various partners to secure collateral coverage and mitigate risk.
Responsibilities
- Manages special serviced loans and/or portfolios of customers of mid to high complexity and performs transaction analysis with the goal of minimizing losses and optimizing resolutions
- 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 and conduct team training
Skills
- University / college degree
- 5+ years of industry-relevant experience
- Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions
- Assessing and effectively managing all of the risks associated with their business objectives and activities
- Ability to gather financial data, prepare analysis and develop workout strategy and alternatives for a portfolio
- Ability to negotiate workout options with customers to reduce risks and losses
- Ability to evaluate asset or customer's cash flow, balance sheet, long-term business plans, and other relevant financial information
- Ability to perform site inspections for properties managed by special assets
- Ability to work with internal and external business partners, which may include outside counsel, on negotiations and documentation to mitigate risk
- Ability to serve as a mentor to peers and conduct team training
- Asset Management
- Capital Management
- Cash Flow
- Coaching
- Competitive Advantages
- Corporate Finance
- Decision Making
- Economic Policy
- Equity Trading
- 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
Company Overview