Asset Management Group Undergraduate Intern

Job Description

About Company

PNC is a financial institution where its people are considered its greatest differentiator and competitive advantage. The company is united in delivering the best experience for its customers and works to foster an inclusive workplace culture where employees feel respected, valued, and have opportunities to contribute to success.

PNC’s Asset Management Group (AMG) is a key organization within the company, comprised of Institutional Asset Management, PNC Private Bank, and its Investment Office. AMG works with individual and corporate clients who have significant assets, developing sophisticated, customized financial solutions that range from investment management and wealth planning to trust administration and private foundation management.

PNC is committed to equal employment opportunity, providing opportunities 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.

Job Description, Detailed

Position Title: Asset Management Group Undergraduate Intern

Program Overview:
This is a 10-week “best-in-class” internship program designed to provide interns with exposure to a specific line of business, tools to launch their career, and real-world job experience that complements their education.

Location:
Opportunities for this internship are available throughout PNC’s footprint.

Sponsorship Policy:
PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

About the Asset Management Group (AMG):
AMG attracts individuals with a strong desire to interact directly with clients, strong written and verbal communication skills, who are detail-oriented, self-motivated, eager to learn, and can thrive in a lively environment.

The AMG is comprised of three core areas:

• PNC Private Bank: Offers a comprehensive range of solutions and strategies for individuals and families with significant assets. Advisors develop client solutions including lending, investment management, estate/retirement planning, and trust administration. A team approach is utilized, consisting of Banking, Fiduciary, Investment, Wealth, and Relationship Strategists.
• Institutional Asset Management (IAM): Provides Outsourced Chief Investment Officer (OCIO), Fixed Income, and Defined Contribution and Defined Benefit Retirement Solutions for corporations, non-profits, governments, and other institutional investors. IAM boasts over 75 years of experience, with local regional-based service teams offering customized solutions. Their team includes Business Development Officers, Investment Advisors, Relationship Managers, Retirement Plan Advisors, and Portfolio Management & Analytics teams.
• Investment Office: An extension of the dedicated investment team, providing in-depth support and analysis to Investment Advisors on investment strategy, asset allocation, manager selection, and portfolio construction.

Intern Responsibilities (Job Profile):

As a Summer Intern, you will:
• Participate actively in the PNC summer internship program.
• Perform or assist the core activities of the assigned group, applying learned knowledge to drive business results. This may include deal, sales, or process support; internal or external client interaction; or supporting internal projects.
• Participate in social learning within the organization, which includes networking with business representatives and peers, engaging in mentoring, job shadowing, community outreach, and participating in a group capstone presentation.

Required Education and Experience:

• Education: Currently working toward a bachelor’s degree, preferably with junior status.
• Preferred Majors: Business-relevant majors such as Finance, Accounting, IT, Economics, Marketing, Math, Statistics, HR, Management, Communications, Business Law, Psychology, Logistics, Engineering, Actuarial Sciences.
• Minimum GPA: 3.2.
• Experience: Roles at this level are typically filled by recent university/college graduates with little or no professional experience. This includes individuals joining through a corporate development/training program. A comparable combination of education, job-specific certification(s), and experience (including military service) may be considered in lieu of a degree.

Competencies:
Successful candidates should demonstrate:
• Accuracy and Attention to Detail
• Analytical Thinking
• Effective Communications
• Flexibility and Adaptability
• Information Capture
• Initiative
• Products and Services
• Self-Directed Growth and Development

Base Salary:
The base salary ranges from $18.00 – $35.00 per hour. Salaries may vary based on geographic location, market data, and individual skills, experience, and education.

Application Window:
This opening is generally expected to be posted for two business days from 08/01/2025, though it may be longer at business discretion.

Additional Information:
To learn more about PNC’s Summer Internships, visit www.pnc.jobs/students.