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Corporate & Institutional Banking Undergraduate Intern - Real Estate Banking

PNC Financial Services

PNC Financial Services

New Castle, DE, USA
Posted on Jul 31, 2024

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 Corporate & Institutional Banking Undergraduate Intern within PNC's Real Estate Banking organization, you will be based in either Atlanta, GA; Boca Raton, FL; Boston, MA; Chicago, IL; Cincinnati, OH; Cleveland, OH; Dallas, TX; Denver, CO; East Brunswick, NJ; Los Angeles, CA; New York, NY; Pittsburgh, PA; Philadelphia, PA; San Francisco, CA; or Washington, D.C.

Job Description

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; New York, NY; Pittsburgh, PA; Philadelphia, PA; San Francisco, CA; or Washington, D.C.

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.

Compensation:

Intern Roles: $18/HR - $35/HR

Placement within the compensation range is based on the specific role and may vary by geographic location and/or market data

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

Job Profile:

Participates as an intern in the PNC summer internship program.

  • Performs or assist 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).

Required Education and Experience:

  • Working toward bachelor’s degree, preferred business relevant majors (e.g., Finance, Accounting, IT, Economics, Marketing, Math, Statistics, HR, Management, Communications, Business Law, Psychology, Logistics, Engineering, Computer Science, Actuarial Sciences), junior status.
  • Minimum GPA 3.0.

PNC provides equal opportunity 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.

Qualifications

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.

Competencies

Accuracy and Attention to Detail, Analytical Thinking, Effective Communications, Flexibility and Adaptability, Information Capture, Initiative, Products and Services, Self-Directed Growth and Development

Work Experience

Roles at this level are filled by recent university / college graduates with little or no professional experience, but possessing relevant skills. Includes individuals joining the organization through a Corporate development/ training program. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

Education

No Degree

Disability Accommodations Statement

If an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com. Please include “accommodation request” in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.


At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.

Equal Employment Opportunity (EEO)


PNC provides equal employment opportunity 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.

California Residents

Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.