Position OverviewAs a Real Estate Portfolio Manager within PNC's Realty Services organization, you will be based in Pittsburgh, PA
PNC is seeking a Real Estate Portfolio Manager to join its Realty Services organization. In this role, you will manage a large portfolio of corporate real estate assets, overseeing lease administration, portfolio performance, and complex real estate transactions. The position requires a strong understanding of commercial real estate, lease negotiation, lease language and clauses, contract management, and relationship management across a variety of internal and external stakeholders.
The ideal candidate will have experience negotiating and managing complex, high-value leases while maintaining strict attention to detail in a fast-paced, high-volume environment. You'll work closely with property managers, leasing agents, landlords, internal legal teams, and business partners to resolve property-related issues, ensure compliance with lease terms, and support the company's overall real estate strategy.
Key responsibilities include managing real estate assets, overseeing portfolio performance, conducting due diligence related to acquisitions and mergers, preparing portfolio and fiduciary reports, and negotiating contracts that align with business objectives while maximizing property value and operational efficiency.
What Makes This Opportunity Stand Out
Opportunity to join a stable and highly respected financial institution with a strong market presence.
Collaborative team environment with experienced peers performing similar functions, providing support and knowledge sharing.
Exposure to a diverse and complex real estate portfolio with meaningful impact on business operations.
Ability to build long-term career growth within a well-established organization.
Key Qualifications:
Commercial real estate portfolio management experience.
Experience negotiating and interpreting leases, lease clauses, and contract terms.
Strong negotiation and relationship management skills.
Ability to manage a high volume of transactions while maintaining exceptional attention to detail.
Experience partnering with landlords, property managers, leasing agents, legal teams, and business stakeholders.
Strong organizational, analytical, and communication skills.
This position is based in Pittsburgh and requires an on-site presence five days per week.
PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals.
PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.
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.
QualificationsSuccessful 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 SkillsCorporate Finance, Decision Making, Economic Policy, Financial Accounting, Financial Management, Investment Strategies, Real Estate, Real Estate Development, Trading Strategies
CompetenciesAccuracy and Attention to Detail, Business Markets, Contracts Management & Administration, Contracts Review, Effective Communications, Lease and Property Management - Real Estate, Negotiating, Real Estate Development, Real Estate Law & Policy Compliance, Real Estate Property Data Analysis
Work ExperienceRoles 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.
EducationBachelors
CertificationsNo Required Certification(s)
LicensesNo Required License(s)
Language AssessmentsNo Required or Preferred Language Assessments
BenefitsPNC 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; 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.
To learn more about these and other programs, including benefits for full time and part-time employees, visit pncthrive.com.