Corporate & Institutional Banking Development Program Analyst/Associate - Business Credit

PNC Financial Services Group, Inc. Raleigh , NC 27611

Posted 2 months ago

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 an Analyst within PNC's Business Credit organization, you will be based in a location across PNC's footprint.

Job Description

By joining one of PNC's Development Programs, you can explore your potential through hands-on experience in a professional environment. This is an excellent opportunity to begin exploring your career goals, in addition to growing your skills in key areas. The goal of PNC's Development Programs is to move analysts and associates from development roles into production roles in one of PNC's lines of business.

PNC Business Credit is one of the top asset-based lenders in the country with 40 offices nationwide and more than $60 billion in commitments. PNC Business Credit provides senior secured and specialty financing to private equity firms and mid-sized companies across a wide range of industries and geographies throughout the U.S., Canada and the UK.

The Business Credit track consists of the following opportunities:

  • Asset-Based Lending
  • Senior secured financing for companies, including agented and syndicated revolving lines of credit and term loans in support of acquisitions, expansions, recapitalizations and business transformation.
  • Vendor Finance
  • Branded, sales-aid finance programs for North America's leading equipment manufacturers, software and service providers. Equipment financing for Business Credit clients, including CAPEX lines of credit, structured term debt and tax leases that can provide expanded access to capital. Offered through the Structured Equipment Finance group.
  • Technology Finance Group
  • Financing for sponsor-backed Software-as-a-Service (SaaS) technology companies with recurring revenues generated by software licensing agreements.

The Business Credit track is an engaging 3-year experience especially designed to equip you with the foundational and transferable skills that will enable you to navigate a successful career in banking. Analysts will master PNC's product set to excel in analytics, credit, relationship management, sales and financial modeling.

Various locations are available depending on rotational opportunity and business needs. Locations may include: Chicago, IL; East Brunswick, NJ/NYC; Los Angeles, CA; San Francisco, CA ; Chicago, IL; Raleigh, NC; and, Horsham, PA. The ABL program requires a driver's license, with the ability to travel up to 75% and having access to reliable transportation for commuting to and from customer locations on a daily basis (within 100 miles). Travel is generally regional in nature, but may at times require the ability to travel overnight up to 75% of the time.

Learn more about PNC's Development Programs by visiting www.pnc.jobs/students

Job Profile:

Participates as an analyst/associate in the line of business development program.

  • Performs or assists 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).

  • Participates in formal learning (e.g., classroom, web-based or virtual) and completes related activities and projects.

  • Supports the internal and external customer experience by providing excellent service at all times; takes accountability and ensures problem resolution.

Required Education and Experience:

  • Preferred business relevant majors (e.g. Accounting, Economics and Finance)
  • Minimum GPA 3.0.

PNC provides equal 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.

Competencies

Accuracy and Attention to Detail

  • Understanding of the necessity and value of accuracy and attention to detail; ability to process information with high levels of accuracy.

Analytical Thinking

  • Knowledge of techniques and tools that promote effective analysis and the ability to determine the root cause of organizational problems and create alternative solutions that resolve the problems in the best interest of the business.

Business Acumen

  • Knowledge, insight, and understanding of business concepts, tools, and processes that are needed for making sound decisions in the context of the company's business; ability to apply this knowledge appropriately to diverse situations.

Effective Communications

  • Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.

Flexibility and Adaptability

  • Knowledge of successful approaches, tools, and techniques for dealing with changes and adapting to a changing environment; ability to adapt as needed.

Information Capture

  • Knowledge of the processes and the ability to identify, capture and document relevant business information in an auditable, organized, understandable and easily retrievable manner.

Products and Services

  • Knowledge of major products and services and product and service groups; ability to apply this knowledge appropriately to diverse situations.

Project Management

  • Ability to plan, organize, monitor, and control projects, ensuring efficient utilization of technical and administrative resources, to achieve project objectives.

Self-Directed Growth and Development

  • Understanding of the necessity of continuous personal growth; ability to gauge one's strengths, limitations and interests, and use of this knowledge for purposes of performance effectiveness and self-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 and experience (including military service) may be considered.

Education

Bachelors

Additional Job Description

Benefits

PNC offers employees 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; maternity and parental leave; paid holidays, vacation days and occasional absence time; 401(k), pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption assistance; educational assistance and a robust wellness program with financial incentives. To learn more about these and other programs, including benefits for part-time employees, visit pncbenefits.com > New to PNC.

Disability Accommodations Statement:

The PNC workplace is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the PNC Careers website or submission process, please call 877-968-7762 and select Option 4: Recruiting or contact us via email at pathfinder@pnc.com.

The Human Resources Service Center hours of operation are Monday

  • Friday 9:00 AM to 5:00 PM ET.

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.


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Corporate & Institutional Banking Development Program Analyst/Associate - Business Credit

PNC Financial Services Group, Inc.