Corporate & Institutional Banking Undergraduate Intern - Commercial & Corporate Banking

PNC Financial Services Group, Inc. Pittsburgh , PA 15201

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 a(n) intern within PNC's Commercial & Corporate Banking organization, you will be based across the PNC footprint.

Job Description

Corporate & Institutional Banking Undergraduate Intern

  • Commercial & Corporate Banking

As a PNC Intern, you will participate in a "best-in-class" internship program. During this 10-week 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, municipalities and nonprofits throughout the United States.

As a Commercial & Corporate Banking intern, your primary role will be to support experienced bankers in their engagement with PNC's client base. The program enables interns to observe and explore advising, managing and servicing customer relationships in a variety of business segments, including:

  • Commercial Banking (Serves and advises companies with annual revenues between $5 million and $50 million through a relationship-based approach)
  • Middle Market (Serves and advises companies with annual revenues between $50 million and $1 billion through a relationship based approach)
  • Large Corporate (Serves and advises companies with annual revenue in excess of $1 billion that usually are publicly traded or have access to debt capital markets)
  • Diversified Industries Group (Serves and advises clients with industry expertise in utilities, oil & gas, metals & mining, chemicals, life sciences/pharma or food & beverage)
  • Healthcare (Serves and advises healthcare related clients including acute care, academic medical centers, specialty care, long-term care, continuing care retirement communities or assisted living)
  • Public Finance (Serves and advises local or major government entities, higher education institutions and not-for-profits)
  • Equipment Finance (Develops customized leases or loans for a client's various equipment acquisitions including aircraft, vehicles, railcars, machinery, material handling, technology, etc. for all of the various segments listed above)
  • Credit Product Group (Structures loans, underwrites transactions, and manages a loan portfolio for all of the various segments listed above)

Geographic flexibility is important to your success in this program. Interns will support a variety of business segments, but also a wide and growing national franchise. Interns will be hires into one of the following regions and markets Locations may include but are not limited to:

  • Southeast: Louisville, KY; Nashville, TN; Charlotte, NC; Raleigh, NC; Atlanta, GA; Birmingham, AL; Tampa, FL
  • Midwest: Troy, MI, Chicago, IL; Indianapolis, IN; Cleveland, OH; Cincinnati, OH
  • Northeast: VA, MD, PA, NJ
  • Southwest & Mountain: AZ, CO, TX,
  • West Coast: CA, OR, WA

However, occasionally we have other locations available for summer interns throughout PNC's geographic footprint.

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.

  • Supports the core activities of the client team and line of business by applying knowledge 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 a structured program that includes some classroom learning and a case study.

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.

To learn more about this opportunity, please watch this video.

Required Education and Experience:

  • Working toward Bachelor's Degree, preferred business relevant majors (e.g., Finance, Accounting, IT, Economics, Marketing, Mathematics, Statistics, HR, Management, Communications, Business Law, Psychology, Logistics, Engineering, Computer Science, Actuarial Sciences), sophomore or junior status, Minimum GPA 3.2.

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 and experience (including military service) may be considered.

Education

No Degree

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 Undergraduate Intern - Commercial & Corporate Banking

PNC Financial Services Group, Inc.