Position Overview

As a Graduate Intern, Economics with PNC's Chief Investment Office organization, you will be based in New York City, NY.

Job Description

The PNC Chief Investment Office (CIO) Economics team provides economic forecasting, scenario design, modeling, and thought leadership across the organization. The team develops macroeconomic scenarios for CECL, CCAR, and other risk management applications, produces forecasts for internal and external stakeholders, supports strategic decision-making through economic analysis, and engages with clients through presentations and market insights. Team members work at the intersection of economics, risk management, and financial services, leveraging quantitative models and expert judgment to assess economic trends and their implications for PNC and its clients.

We are seeking PhD or master's students in Economics, Finance, Econometrics, or related quantitative disciplines who are nearing graduation. This internship offers an opportunity to apply advanced economic and quantitative research techniques to real-world challenges in macroeconomic forecasting, scenario design, risk management, and financial markets. Successful candidates will have a strong analytical background and experience conducting empirical research using economic and financial data.

This position is based in New York City and requires full-time, in-office participation.

Job Responsibilities

As an intern, the candidate will participate in the many activities of the economics team. These include:

• Conducting economic and financial research to support macroeconomic forecasting, scenario design, and market analysis.
• Analyzing economic data, financial markets, and emerging trends to identify risks, opportunities, and key drivers of the outlook.
• Assisting in the development and evaluation of quantitative models used for forecasting, stress testing, and risk management.
• Preparing presentations, data visualizations, and written insights that communicate economic and market developments to internal stakeholders and clients.

We are looking for a candidate with the following:

• Currently pursuing a master's or PhD degree in Economics, Finance, Econometrics, or a related quantitative field, with an anticipated graduation date within the next 12 months.
• Strong foundation in economic theory, econometrics, statistics, and empirical research methods, demonstrated through coursework, research, or professional experience.
• Experience working with economic, financial, or large-scale datasets and applying quantitative methods to analyze complex problems.
• Proficiency in analytical and programming tools such as Python, R, MATLAB, Stata, SAS, or similar platforms used for data analysis and modeling.
• Excellent written and verbal communication skills, with the ability to translate quantitative findings into clear, actionable insights for both technical and non-technical audiences.

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

Certifications
No Required Certification(s)

Licenses
No Required License(s)

Language Assessments

No Required or Preferred Language Assessments

Pay Transparency

Base Salary: $63,000.00 - $105,000.00

Salaries may vary based on geographic location, market data and on individual skills, experience, and education.

Application Window

Generally, this opening is expected to be posted for two business days from 10/01/2026, although it may be longer with business discretion.

Benefits

PNC offers 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; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives.

In addition, PNC generally provides the following paid time off, depending on your eligibility: maternity and/or parental leave; up to 11 paid holidays each year; 9 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.

To learn more about these and other programs, including benefits for full time and part-time employees, visit pncthrive.com.