Position OverviewAs a Multi-Asset Class Portfolio Associate III within PNC's Asset Management Group Investment Office organization, you will be based in Philadelphia, PA.
As a member of the Portfolio Construction and Management team, you will focus on the management and oversight of multi-manager, multi-asset class model portfolios that sit at the core of the AMG Investment Office's guidance for our clients. You will support the team's detailed qualitative and quantitative analyses, partnering with our investment strategy, manager due diligence, trading implementation, and risk management teams, to deliver portfolio recommendations for a variety of client situations. You will also help develop and maintain detailed performance and attribution, exposure, and risk reports that are presented to the Investment Policy Committee and client-facing investment advisors. You will collaborate with Investment Office teams on projects and initiatives aimed at creating portfolio management efficiencies along with other ad-hoc initiatives as assigned by more senior members of the team. Strong quantitative capabilities and experience with systems like Excel with macros, Morningstar Direct, and/or FactSet are key to success in this role. Experience with Python or other basic coding and data visualization tools (Tableau and/or Power BI) is also a plus.
PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals.
PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.
Job Description- Performs analysis, due diligence research, monitoring and analytical activities for a variety of investment portfolio disciplines. Participates in manager interviews.
- Actively incorporates due diligence processes and/or portfolio analyses into daily activities. Gathers information and independently generates reports.
- Ensures that appropriate investment managers are reviewed, selected for the platform and/or portfolios and monitored. Uses applicable systems to gather information and produce reports.
- Introduces new investment managers onto the platform and/or into portfolios by providing a robust analysis surrounding the fit of a sector or manager within an overall asset allocation framework.
- Researches and compiles information for final reports. May join specialists in authoring and presenting final reports.
PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:
- Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
- Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.
QualificationsSuccessful 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.
Preferred SkillsAnalytical Thinking, Asset Management, Capital Management, Due Diligence, Financial Management, General Ledger (GL), Process Control, Revenue Recognition
CompetenciesAccuracy and Attention to Detail, Analytical Thinking, Business Data Analysis, Decision Making and Critical Thinking, Effective Communications, Industry Knowledge, Influencing, Managing Multiple Priorities, Problem Solving, Regulatory Environment - Financial Services
Work ExperienceRoles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience. Certifications are often desired. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
EducationBachelors
CertificationsNo Required Certification(s)
LicensesNo Required License(s)
BenefitsPNC 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.
