Corporate & Institutional Banking Undergraduate Intern - Capital Markets

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 Capital Markets organization, you will be based in Allentown, PA, Pittsburgh, PA, Philadelphia, PA, Cleveland, OH, New York, NY, Charlotte, NC, Houston, TX, Los Angeles, CA or Chicago, IL.

Job Description

Corporate & Institutional Banking Undergraduate Intern

• Capital Markets

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: Allentown, PA; Chicago, IL; Charlotte, NC; Cleveland, OH; Houston, TX; Los Angeles, CA; New York, NY; Philadelphia, PA; and Pittsburgh, PA. Not all segments are available in all locations.

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).

Required 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.

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.

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.

Initiative

• Understanding of the value of self-motivation and initiative; ability and willingness to seek out work and the drive to accomplish goals.

Products and Services

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

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, job specific certification(s), and experience (including military service) may be considered.

Education

No Degree

Additional Job Description

COMPENSATION

$18/HR - $35/HR

Placement within the compensation range is based on the specific role and may vary by geographic location and/or market data.

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:

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 select Option 4: Recruiting 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.