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. This 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.

The Scenario Design team is responsible for developing and maintaining the firm’s baseline economic forecast and alternative macroeconomic scenarios used across CECL and CCAR processes. In this role, the candidate will monitor evolving economic conditions, provide timely commentary to inform the forecast process, and contribute to the ongoing development, enhancement, and monitoring of economic models. The position also plays a key part in leveraging technology—such as dashboards, automation, and analytical tools—to improve forecasting efficiency, transparency, and analytical rigor.

The position is based in New York City and is fully in office.

Job Responsibilities:
As an intern, the candidate will participate in the many activities of the modeling team. These include:
- Help maintain and enhance the firm’s baseline economic outlook and alternative scenarios used for CECL and CCAR.
- Monitor economic and financial market conditions and provide written and verbal commentary to support the scenario and forecasting process.
- Support economic modeling initiatives, including model performance monitoring, documentation, and model development.
- Design, build, and maintain dashboards and technological solutions that streamline and strengthen the forecasting workflow.
- Collaborate with internal stakeholders to ensure high-quality scenario development and delivery.

Requirements
Education
- Masters/PhD level training in Economics/Finance. PhD level training will enhance candidacy
- Strong coursework in statistics and empirical methods for economics and finance
- Technical training in programming languages will enhance candidacy


Other
- Experience with doing independent empirical research. Publications will enhance candidacy
- Interest in financial markets
- Strong business communication skills – writing and speaking


Work eligibility

The candidate must be eligible to work in the US. PNC does not provide sponsorship for work visas or for permanent residency.

PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals.

 

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

Job Description

• Participates as an intern performing various functions within a line of business.

• Performs or assists with the core activities of the group by applying knowledge learned to drive business results (e.g. deal, sales, or 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)

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.

Qualifications

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required