Corporate & Institutional Banking Development Program Analyst/Associate

About the Role

• Analysts/Associates participate in the Corporate & Institutional Banking (C&IB) Development Program, specifically within the Capital Markets track.
• The program aims to transition participants into production roles within PNC's lines of business.
• This is an in-office position.
• PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Key Responsibilities

• Perform or assist in core group activities by applying learned knowledge to drive business results (e.g., deal, sales, or process support, internal or external customer interaction, or supporting internal projects).
• Work under supervision with potentially limited approval or exception authority.
• Participate in social learning, including networking with business representatives and peers, mentoring, job shadowing, and community outreach.
• Engage in formal learning (classroom, web-based, or virtual) and complete related activities and projects.
• Support internal and external customer experience by providing excellent service, taking accountability, and ensuring problem resolution.

Capital Markets Track Focus

• The Capital Markets track provides broad exposure to various business units within C&IB.
• It includes structured on-the-job development and formal classroom learning, including an 8-week credit training program.
• This is a 2-3 year experience designed to equip participants with foundational and transferable skills for a career in banking.
• Analysts master PNC’s product set to excel in analytics, credit, relationship management, sales, and financial modeling.
• Geographic flexibility is important.

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, Derivative Products Group, Financial Institutions Group (Domestic & International Banks), Fixed Income, Foreign Exchange, and Structured Products Group
• Investment Banking Analyst: Asset Backed Finance, Debt Capital Markets, and Public Finance Capital Markets

Requirements & Tech Stack

• Required Education: Bachelor's Degree
• Minimum GPA: 3.2
• Required Licenses:
• Public Finance & Healthcare: SIE, Series 52 & 63 (79 optional) within 180 days of employment.
• Asset Backed Finance: SIE, 7, 79 and 63 within 180 days of employment.
• DCM (Loan Syndications & Equipment Finance): SIE, Series 79, Series 7, and 63 within 120 days of employment.
• Derivatives: SIE, Series 7 and 63 within 120 days of employment.
• FIG: SIE, Series 7 and 63 within 120 days of employment.
• Fixed Income: SIE, Series 7 and 63 within 120 days of employment.
• Foreign Exchange: SIE, Series 7 and 63 within 120 days of employment.
• Fixed Income (Tax-Exempt): Municipal Trading and Underwriting: SIE, Series 52 and 63 (or Series 7, if taken prior to 11/7/2011, is acceptable in lieu of Series 52) within 90 days of employment.
• Municipal Sales: SIE, Series 7 or 52, and 63 within 90 days of employment.
• ESOP: SIE, 63 and 79 within 120 days of employment.
• Other appropriate licenses may be required.

Qualifications

Competencies

• Accuracy and Attention to Detail
• Analytical Thinking
• Business Acumen
• Flexibility and Adaptability
• Information Capture
• Initiative
• Products and Services
• Project Management
• Sales Proposals and Presentations
• 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 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.

Preferred Education

• Business relevant majors (e.g., Finance, Accounting, IT, Economics, Marketing, Math, Statistics, HR, Management, Communications, Business Law, Psychology, Logistics, Engineering, Computer Science, Actuarial Sciences).

Locations

• 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.

Pay Transparency

• Base Salary: $39,100.00 – $126,500.00
• Salaries may vary based on geographic location, market data, and on individual skills, experience, and education.