Provides management and analysis of fiduciary, investment and operational processes surrounding special asset valuations and asset set up and movement. When a fiduciary analyst has an issue or question pertaining to a special asset they will reach out to this group. Analyzes complex documentation including subscription agreements, operating agreements, management letters, annual reports, and financial statements to ensure proper documentation, valuation, and treatment of special assets to confor... more details
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 company’s success. As a Division Order Analyst within PNC's AMG Trust Real Estate/Oil & Gas Division, you will be based in our Dallas or Houston, TX office.
Your job duties will include:
• Maintain accurate and complete ownership records, which includes
obtaining applicable legal documentation.
• Review, interpret and processes complex title documentation such as title
opinions, assignments, operating agreements, deeds, probate, and other
legal documents to determine appropriate ownership.
• Review division orders to ensure accurate payment of monthly royalty
payments.
• Review and resolve problems associated with ownership issues.
• Set up and take down of assets.
• Account related paperwork.
• Interact with other colleagues and partners within the Asset Management
Group business units regarding clients owning oil, gas, and mineral
interests.
• Assists in any division of interest related projects or reporting required for
business purposes.
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 manager’s discretion.
Job Description
- Provides management and analysis of fiduciary, investment and operational processes surrounding special asset valuations and asset set up and movement. When a fiduciary analyst has an issue or question pertaining to a special asset they will reach out to this group.
- Analyzes complex documentation including subscription agreements, operating agreements, management letters, annual reports, and financial statements to ensure proper documentation, valuation, and treatment of special assets to conform with regulatory and compliance requirements.
- Provides consultation, direction and advice to internal and external customers & service providers related to special assets. Reviews existing processes and drives improvements/implementation. Updates standard operating procedures and ensures non-standard processing is in accordance with AMG's risk appetite. Participates in and serves as subject matter resource for projects.
- Reviews reports to identify exceptions, monitor quality, and ensure compliance. Participates in risk mitigation activities and ensures all activities comply with regulatory and policy and procedure requirements.
- Executes complex transactions/processes utilizing standard proceduresand at times addresses unique situations and verifies work processes to ensure completeness, accuracy, and conformance to established service levels and applicable procedures.
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 required certifications/licensures needed to be successful in this position.
Competencies
Effective Communications, Effectiveness Measurement, Financial Statement Analysis, Managing Multiple Priorities, Operational Functions, Operational Risk, Planning: Tactical, Strategic, Problem Management Process, Process Management, Products and Services
Work Experience
Roles 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.
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, visit pncbenefits.com > New to PNC.
*For more information, please click on the following links:
Time Away from Work
PNC Full-Time Benefits Summary
PNC Part-Time Benefits Summary
Disability Accommodations Statement
If an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com. 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 877-968-7762 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.
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.
