drjobs Trust Real Estate Advisor I

Trust Real Estate Advisor I

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1 Vacancy
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Job Location drjobs

Pittsburgh, PA - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Position Overview

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 companys success. As a Trust Real Estate Advisor I within PNCs Fiduciary organization you will be based in Pittsburgh PA. The 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 the managers discretion.

Job Description

  • Manages all assigned trust owned real estate assets which will include moderately complex beneficiary occupied residential some instance may also include rental commercial farmland and timber properties as well as oil gas and mineral interests. Responsible for identifying mitigating and escalating risk while acquiring preserving and managing these properties.
  • Complies with the banks policies and procedures for consistent management of real estate activities in alignment with the banks fiduciary policies procedures to include such activities as: real estate purchases sales leases negotiations general property management safekeeping disposition/productivity analysis bill payments tax and insurance enforcement and the hiring of contractors and agents.
  • Collaborates with AMG Fiduciary Counsel and Market Fiduciary Advisors and Directors as necessary to ensure risks are appropriately analyzed managed escalated and resolved.
  • Responsible for assessing risk and making recommendations to accept retain or sell assets. Conducts annual reviews. Presents recommendations to Real Estate Trust Investment Committee and/or Special Assets Committee according to committee guidelines.
  • Preserves and manages assigned physical properties. Determines need for property improvements. Coordinates the hiring of professionals as needed for maintenance and upkeep of the property. Ensures all properties are adequately inspected valued and insured; ensures all taxes insurance premiums and property related expenses are timely paid and kept current.
  • Oversees all activities necessary to purchase or sell a property. Determines if capital improvements are necessary. Assesses risk of transaction. Presents recommendations to Real Estate Trust Investment Committee or and/or Special Assets Committee. Coordinates with internal partners and external service providers to ensure a smooth and accurate transfer of ownership.

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 PNCs 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

Commercial Real Estate Corporate Finance Economic Policy Financial Accounting Financial Management Investment Strategies Legal Operations Monthly Close Process Real Estate Appraisals

Competencies

Contracts Review Decision Making and Critical Thinking Effective Communications Fiduciary Responsibilities Lease and Property Management - Real Estate Real Estate Law & Policy Compliance Real Estate Property Data Analysis Real Estate Sales Closings and Agreements

Work Experience

Roles at this level typically require a university / college degree with 2 years of relevant professional 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)

Benefits

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.

To learn more about these and other programs including benefits for full time and part-time employees visitYour PNC Total Rewards.

Disability Accommodations Statement

If an accommodation is required to participate in the application process please contact us via email at . Please include accommodation request in the subject line title and be sure to include your name the job ID and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call and say Workday for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.


At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.

Equal Employment Opportunity (EEO)


PNC provides equal employment opportunity to qualified persons regardless of race color sex religion national origin age sexual orientation gender identity disability veteran status or other categories protected by law.

This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and for any registered role the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA) which prohibit the hiring of individuals with certain criminal history.

California Residents

Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.


Required Experience:

Unclear Seniority

Employment Type

Full-Time

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