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 Corporate & Institutional Banking Undergraduate Intern - Capital Markets within PNC's Corporate & Institutional Banking organization, you will be based in Pittsburgh, Philadelphia, Chicago, Los Angeles, Houston or New York City.
Job Description
Corporate & Institutional Banking Undergraduate Intern - Capital Markets
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As a PNC Intern, you will participate in a "best-in-class" internship program. During PNC's 10-week summer internship program, you will have the opportunity to gain exposure to a specific line of business, expand the tools you need to launch your career and complement your education with real-world job experience.
Corporate & Institutional Banking (C&IB) offers strategic insight and financial solutions for businesses, organizations, municipalities and nonprofits throughout the United States and internationally. The Capital Markets track provides a broad exposure to various business units within C&IB. As an intern, you will enjoy developing within a team environment, completing meaningful tasks and collaborating with senior managers on major projects. Your performance of in-depth financial analysis such as business and industry risk evaluation, cash flow analysis and projected financial modeling will sharpen your technical, analytical and decision-making skills. You will also participate in a practical and technical curriculum that enhances your skills and work experience.
The Capital Markets track includes the following business segments:
- Asset & Liability Management segments: Chief Investment Office - Portfolio Management and Hedging and Corporate Treasury
- Capital Markets Group segments: Chief Operating Office/Strategy, Derivatives Products Group, Financial Institutions Group - Banks Division, Financial Institutions Group - Financial Services Division, Fixed Income, Foreign Exchange, and Structured Products Group
- Investment Banking segments: Asset Backed Finance, Debt Capital Markets, and Public Finance Capital Markets
Geographic flexibility is important to your success in this program. Locations may include: Chicago, IL; Houston, TX; Los Angeles, CA; New York, NY; Philadelphia, PA; and Pittsburgh, PA. Not all segments are available in all locations.
This position is primarily based in a PNC location. Responsibilitiesrequiretime in the office or in the field on a regular basis. Some responsibilities may be performed remotely, at manager's discretion.
Learn more about PNC's Summer Internships by visiting www.pnc.jobs/students.
Job Profile:
Participates as an intern in the PNC summer internship program.
- Performs or assist the core activities of the group by applying knowledge learned to drive business results (e.g., deal, sales, process support, internal or external customer interaction, or supporting internal projects). Works under supervision and may have limited approval and/or exception authority
- Participates in social learning within the organization (e.g., identifies and networks with business representatives and peers, participates in mentoring, job shadowing and community outreach).
Education and Experience:
- Working toward Bachelor's Degree, preferred business relevant majors (e.g., Finance, Accounting, IT, Economics, Marketing, Math, Statistics, HR, Management, Communications, Business Law, Psychology, Logistics, Engineering, Computer Science, Actuarial Sciences), junior status.
- Minimum GPA 3.2.
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
Accuracy and Attention to Detail, Analytical Thinking, Effective Communications, Flexibility and Adaptability, Information Capture, Initiative, Products and Services, Self-Directed Growth and Development
Work Experience
Roles at this level are filled by recent university / college graduates with little or no professional experience, but possessing relevant skills. Includes individuals joining the organization through a Corporate development/ training program. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
Education
No Degree
Pay Transparency
Base Salary: $18.00 - $35.00
Salaries may vary based on geographic location, market data and on individual skills, experience, and education.
Application Window
Generally, this opening is expected to be posted for two business days from 07/30/2024, although it may be longer with business discretion.
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
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