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Position OverviewAt 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 – Business Credit within PNC's Business Credit organization, you will be based in East Brunswick, NJ, Los Angeles, Chicago, IL, San Francisco, CA, Raleigh, NC, or Horsham, PA.Job Description Corporate & Institutional Banking Undergraduate Intern – Business Credit As a PNC Intern, you will participate in a "best-in-class" internship program. During PNC’s 10-week summer internship 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 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.As a rotational Business Credit intern, job responsibilities will vary depending on the rotation. Interns are required to support the internal and external customer experience by providing excellent service at all times, taking accountability and ensuring problem resolution. Interns can explore the following opportunities:
Asset-Based Lending - 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.
Vendor Finance - Branded, sales-aid finance programs for North America's leading equipment manufacturers, software and service providers. Equipment financing for Business Credit clients, including CAPEX lines of credit, structured term debt and tax leases that can provide expanded access to capital. Offered through the Structured Equipment Finance group.
Technology Finance Group - Financing for sponsor-backed Software-as-a-Service (SaaS) technology companies with recurring revenues generated by software licensing agreements.
Various locations are available depending on rotational opportunity and business need. Locations may include: Chicago, IL; East Brunswick, NJ; Horsham, PA; Los Angeles, CA; New York, NY; Raleigh, NC; and San Francisco, CA. The ABL program requires a driver’s license and having access to reliable transportation for commuting to and from customer locations.Learn more about PNC’s Summer Internships by visiting www.pnc.jobs/students .Job Profile :
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, Economics and Technology Finance), 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.CompetenciesAccuracy and Attention to Detail – Understanding of the necessity and value of accuracy and attention to detail; ability to process information with high levels of accuracy.Analytical Thinking – Knowledge of techniques and tools that promote effective analysis and the ability to determine the root cause of organizational problems and create alternative solutions that resolve the problems in the best interest of the business.Effective Communications – Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.Flexibility and Adaptability – Knowledge of successful approaches, tools, and techniques for dealing with changes and adapting to a changing environment; ability to adapt as needed.Information Capture – Knowledge of the processes and the ability to identify, capture and document relevant business information in an auditable, organized, understandable and easily retrievable manner.Initiative – Understanding of the value of self-motivation and initiative; ability and willingness to seek out work and the drive to accomplish goals.Products and Services – Knowledge of major products and services and product and service groups; ability to apply this knowledge appropriately to diverse situations.Self-Directed Growth and Development – Understanding of the necessity of continuous personal growth; ability to gauge one's strengths, limitations and interests, and use of this knowledge for purposes of performance effectiveness and self-development.Work ExperienceRoles 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.EducationNo DegreeAdditional Job Description Compensation: $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.Benefits PNC offers employees a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include medical/prescription drug coverage (with a Health Savings Account feature); dental and vision options; employee and spouse/child life insurance; short- and long-term disability protection; maternity and parental leave; paid holidays, vacation days and occasional absence time; 401(k), pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption assistance; educational assistance and a robust wellness program with financial incentives. To learn more about these and other programs, including benefits for part-time employees, visit pncbenefits.com > New to PNC.Disability Accommodations Statement: The PNC workplace is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the PNC Careers website or submission process, please call 877-968-7762 and select Option 4: Recruiting or contact us via email at pathfinder@pnc.com. The Human Resources Service Center hours of operation are Monday - Friday 9:00 AM to 5:00 PM ET.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 (https://content.pncmc.com/live/pnc/aboutus/HR/Onboarding/PNCCCPAPrivacyDisclosureEmployee.pdf) to gain understanding of how PNC may use or disclose your personal information in our hiring practices.
Full-time- ID: #50219215
- State: Pennsylvania Horsham 19044 Horsham USA
- City: Horsham
- Salary: USD TBD TBD
- Showed: 2023-08-05
- Deadline: 2023-10-04
- Category: Et cetera