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 our employees feel respected, valued and have an opportunity to contribute to the company’s success.

As a Chief Investment Strategist within PNC’s Asset Management organization, you will be based in Philadelphia, PA. The position is primarily based in a PNC location. Responsibilities require time in the office or in the field on a regular basis. Some responsibilities may be performed remotely, at the manager’s discretion.

As the Chief Investment Strategist, you will oversee all investment strategy-related activities for the Institutional Asset Management, Private Bank and Hawthorn (ultra-high-net-worth) businesses. In addition, this role leads the team that establishes overall strategic and tactical asset allocation guidance of client portfolios, manages the evolution of investment processes, provides thought leadership on key investment issues, and may author publications or represent PNC through various public outlets. Strong research and analytics will be needed to help drive the overall investment recommendations of the firm while also managing the firm’s asset allocation models.

Regular travel will be involved as you partner with PNC’s wealth management teams to meet with clients, serve on panels, etc.

Job Description

• Directs investment strategy and asset allocation recommendations along with model portfolio development for PNC AMG along with corresponding investment risk appetite. Develops and manages innovative client solutions for both individual and institutional clients. Collaborates with internal partners to communicate and coordinate strategy recommendations. Acts as a chief spokesperson for internal client and external media opportunities.
• Leverages investment expertise to rigorously analyze complex datasets and information, develop asset allocation and strategy recommendations, improve risk adjusted returns, remain within acceptable risk parameters and communicate conclusions. Synthesizes analytical results and develops, recommends and implements investment strategies that improve investment decisions, manage investment risk, enhance performance and meet business goals. Establishes baselines for strategies and tracks actual performance to expectations. Remains current on global capital market and economic trends and communicates the probable impacts on policy.
• Oversees development and delivery of model portfolios across AMG that consider both risk and reward factors along with operational factors such as trading and implementation. Manages the development and/or application of complex predictive models, third party data and/or tools to develop and execute investment and portfolio strategies to provide client solutions and insight into portfolio expected return and risk. Manages engagements with internal and external data and research suppliers to ensure a appropriate solution while maintaining appropriate governance and oversight.
• Coordinates and communicates with investment management functions of the business units within AMG to both communicate policy and understand client investment trends. Communicates policy recommendations to interested parties both within and external to AMG and develops topical commentary on market situations. Understands and communicates regulatory and risk impacts to regulators and PNC control functions as appropriate. Serves as the primary spokesperson and investment thought leader for client and external media opportunities.
• Manages the Investment and Portfolio Strategy team to assist with analysis and forecasting responsibilities along with the development of client solutions. Collaborates with appropriate investment committees to assess and establish investment risk appetite and to understand its implications. Works with appropriate risk partners establish policies and procedures governing the identification, monitoring and management of investment risk. Contributes as a voting member to appropriate investment committees including the various Investment Policy Committees (IPCs) including