Closely Held Bus Advisor I

Preferred Skills/Experience :

• Desire to be a part of a highly collaborative team.
• Attention to detail with the ability to drive the "process" (on-boarding,
sale/purchase, distribution, etc.)
• Strong analytical, financial statement analysis and/or investment analysis
skills.
• Experience with wealth management account administration and/or
investment management.
• Understanding of trust governing documents, and closely held business
operating agreements, partnership agreements, shareholder agreements,
and other corporate documents.
• Interest in or understanding of closely held businesses and private equity
structures. Other alternative asset experience a plus.
• Undergraduate degree in Accounting or Finance helpful.

Job Duties may Include:

• Conducts initial and ongoing due diligence relating to closely held
businesses and private alternative funds (non-publicly traded assets), held
in Wealth Management and Institutional accounts.
• Conducts Asset reviews and analysis and makes investment/fiduciary
recommendations.
• Reviews asset financial information, governing instruments, and related
business documents.
• Address corporate actions including shareholder vote/meetings and
responding to proxy requests.
• Address CHB Asset impacts related to routine account activities such as
closings/distributions/transfers which may involve re-registering the asset.

This is a remote position. Work may be performed from a quiet, confidential space in a home location, approved by PNC. This position may not be available in all geographic locations.

Job Description

• Monitors, coordinates, interprets and processes financial and non-financial information on a monthly basis relating to closely-held, defined as non-publicly traded, assets held within Investment Management and Trust accounts. Performs approval and onboarding of new closely-held assets as well as the disposition of those assets.
• Conducts reviews of assigned closely-held business assets held within wealth accounts and makes investment/fiduciary recommendations related to the assets for presentation at the monthly committee meeting.
• Works with various internal partners to help support the acquisition, accurate reporting and sale of assigned closely-held assets.
• At acquisition, reviews financial information, governing instruments and related business documents to determine whether a closely-held asset can be accepted into a specific account.
• Provides compliance-based reporting for assets that have been flagged as exceptions.

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.

Preferred Skills
Capital Management, Corporate Finance, Economic Policy, Financial Accounting, Investment Management, Management Reporting, Meeting Organization, Revenue Recognition, Trading Strategies

Competencies
Consulting, Effective Communications, Fiduciary Responsibilities, Financial Analysis, Investment Management, Investment Operations Management, Problem Solving, Products and Services, Regulatory Environment - Financial Services, Risk & Control Self Assessment (RCSA)

Work Experience
Roles at this level typically require a university / college degree, with 2+ years of relevant professional experience. 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)

Pay Transparency

Base Salary: $45,000.00 - $106,600.00

Salaries may vary based on geographic location, market data and on individual skills, experience, and education. This role is incentive eligible with the payment based upon company, business and/or individual performance.

Application Window

Generally, this opening is expected to be posted for two business days from 04/09/2025, although it may be longer with business discretion.

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 Your PNC Total Rewards.

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.

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.