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Corporate & Institutional Banking Development Program Analyst/Associate – Business Credit

PNC
One PNC Plaza (PA370), United Statesfull_timeVerifiedPosted 31 Jul 2024
💰 $39,100/yr

About the role

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 Business Credit Development Program Associate within PNC's C&IB organization, you will be based across the PNC footprint.

Job Description

Corporate & Institutional Banking Development Program Analyst/Associate – Business Credit

By joining one of PNC’s Development Programs, you can explore your potential through hands-on experience in a professional environment.  This is an excellent opportunity to begin exploring your career goals, in addition to growing your skills in key areas.  The goal of PNC’s Development Programs is to move analysts and associates from development roles into production roles in one of PNC’s lines of business.

PNC Business Credit is one of the top asset-based lenders in the country with 40 offices nationwide and more than $60 billion in commitments. PNC Business Credit provides senior secured and specialty financing to private equity firms and mid-sized companies across a wide range of industries and geographies throughout  the U.S., Canada and the UK.

The Business Credit track consists of the following opportunities: 

  • PNC Business Credit - Senior secured financing for companies, including agented and syndicated revolving lines of credit and term loans in support of acquisitions, expansions, recapitalizations and business transformation.
    • Associates will get exposure to various PNCBC segments during program.

The Business Credit track is an engaging up to 3-year experience especially designed to equip you with the foundational and transferable skills that will enable you to navigate a successful career in banking. Analysts will master PNC’s product set to excel in analytics, credit, relationship management, sales and financial modeling.

Various locations are available depending on rotational opportunity and business needs. Locations may include: Chicago, IL; New York City, NY;  Los Angeles, CA;. The PNCBC program requires a valid driver’s license, with the ability to travel up to 75% and having access to reliable transportation for commuting to and from customer locations on a daily basis (within 100 miles). Travel is generally regional in nature, but may at times require the ability to travel overnight up to 65% of the time.

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 manager’s discretion. 

Learn more about PNC’s Development Programs by visiting www.pnc.jobs/students

Job Profile:

Participates as an analyst/associate in the line of business development program.

  • Performs or assists the core activities of the group by applying knowledge learned 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 formal learning (e.g., classroom, web-based or virtual) and completes related activities and projects.
  • Supports the internal and external customer experience by providing excellent service at all times; takes accountability and ensures problem resolution.

Required Education and Experience:

  • Preferred business relevant majors (e.g. Finance, Accounting, Economics)
  • Minimum GPA 3.0.
  • Roles at this level are filled by recent university / college graduates with little or no professional experience, but possessing relevant skills. Includes individuals joining

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Company

PNC

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