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 throughout the 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 U.S. . Working in C&IB provides you the opportunity to be exposed to multiple disciplines of banking, enabling you to hone your financial and client-facing skills across many industries and develop deep understanding of PNC's product suite.
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 you 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 healthcare, utilities, oil & gas, metals & mining, chemicals, life sciences/pharma, technology or food & beverage
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 Products Group - (Structures loans, underwrites transactions, and manages a loan portfolio for all of the various segments listed above
Interns will not only support a variety of businesses at PNC , but also a growing national franchise. While an intern, you will cover and support a specific region and will sit in one of the following 16 hub locations:
- Atlanta, GA, Chicago, IL, Cincinnati, OH, Cleveland, OH, Dallas, TX, Denver, CO, East Brunswick, NJ, Houston, TX, Irvine, CA, Philadelphia, PA, Phoenix, AZ, Pittsburgh, PA, Troy, MI, Milwaukee, WI, Baltimore, MD, and Washington DC
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 (https://content.pncmc.com/live/pnc/aboutus/recruiting/videos/CampusRecruitment2019_Open%20Caption.mp4) .
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.
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
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 pu
