Corporate & Institutional Banking Undergraduate Intern – Real Estate Banking
PNCAbout 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 an intern within PNC's Real Estate Banking organization, you will be based in the PNC footprint.Job Description
Corporate & Institutional Banking Undergraduate Intern – Real Estate 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.
PNC is one of the largest U.S. banks with $562 billion in assets and $421 billion in deposits. PNC has approximately 56,000 employees across the United States and abroad; approximately 2,300 branches; and approximately 60,000 PNC and Partner ATMs Coast to Coast.
Real Estate Banking is a department within the PNC Real Estate. PNC Real Estate, a part of PNC’s Corporate & Institutional Banking (C&IB) Division, has a national presence with approximately 1,000 employees in 40 cities.
The Real Estate Banking Internship Program enables interns to explore various aspects of Real Estate Banking. Including acquisition, construction, and permanent financing for all property types for developers and investors as well as traditional banking services such as cash management, interest rate risk management, capital markets solutions, foreign exchange, personal wealth management, and institutional investments.
Interns will work directly with the Relationship Team and senior management to support daily operations related to underwriting (portfolio administration, periodic reviews, loan offerings, loan documentation and fulfillment, prescreen) and sales functions (pre-call planning, client research, pitchbooks, relationship reviews, and follow-up). Upon completion, interns will recognize the importance each of these functions have on the deal-making process.
The Summer Internship Program is a direct pipeline for talent to the Real Estate Banking track of the Corporate & Institutional Banking (C&IB) Development Program, providing interns with an unparalleled opportunity to learn the business while gaining visibility among the firm's senior leadership.
Upon successful completion of the Summer Internship, interns may be offered an opportunity to join the C&IB Development Program after graduation. Geographic flexibility is important to your success in this program. Opportunities are available throughout PNC’s footprint and could include, but not limited to: Atlanta, GA; Boca Raton, FL; Boston, MA; Chicago, IL; Cincinnati, OH; Cleveland, OH; Dallas, TX; Denver, CO; East Brunswick, NJ; Los Angeles, CA; Irvine, CA; Philadelphia, PA; San Francisco, CA; or Washington, D.C.
Learn more about PNC’s Internships by visiting www.pnc.jobs/students.
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