The PNC Financial Services Group, Inc

Private Equity Associate

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree in Finance, Business, Economics, or Accounting
  • 2-3 years of relevant experience in investment banking, private equity, or M&A
  • Proficiency in financial analysis and modeling
  • Strong analytical skills for evaluating investment opportunities
  • Effective communication skills for presenting findings and interacting with senior managers

Responsibilities

  • Screen potential private equity investment opportunities across various sectors
  • Conduct due diligence, including industry and company research
  • Prepare detailed financial models and analyses of prospective investments
  • Assist in creating investment committee materials
  • Support negotiations and development of legal documentation
  • Monitor financial and operational performance post-acquisition

Benefits

  • Comprehensive medical/prescription drug coverage with HSA feature
  • Dental and vision options
  • Life insurance for employees and dependents
  • Short and long-term disability protection
  • 401(k) plan with company match and pension options
  • Educational assistance with select programs fully paid
  • Robust wellness program with financial incentives
  • Generous paid time off including vacation, holidays, and parental leave
Full Job Description

Position Overview

PNC Erieview Capital (www.pncerieview.com), a leading private equity investor of junior capital in middle-market businesses in the United States, is seeking an Associate to join our team.

Since our inception over 45 years ago, we have actively invested junior capital in over 300 middle-market platform companies alongside more than 70 private equity sponsors across a wide range of industries. We are currently investing out of an $800 million commitment and managing existing junior capital investments in approximately 55 portfolio companies.

The Associate will be based in Cleveland, Ohio and will work closely with the firm's other investment professionals to source, underwrite, close, and monitor junior capital investments in middle-market companies.

Primary responsibilities include:

• Screen potential private equity investment opportunities across various industry sectors and geographies.
• Perform due diligence procedures, including industry and company research on prospective investments.
• Prepare in-depth financial models and analyses of prospective investments, including historical and projected financial results, evaluation of assumptions and risk factors.
• Assist with the preparation of screening and investment committee materials.
• Support senior investment professionals in the negotiation and development of legal documentation for prospective investments.
• Monitor the post-acquisition financial and operating performance of investments.

Importantly, we expect an Associate’s role to expand over time as they demonstrate an ability to take on additional responsibility.

The successful candidate will have the following preferred qualifications:

• Undergraduate degree in Finance, Business, Economics or Accounting
• Minimum of two to three years of relevant work experience; (investment banking, private equity, or other M&A experience)
• Proficiency in financial analysis and modeling
• Skill in analyzing investment opportunities including a thorough evaluation of all aspects of a company’s business plan.
• Ability to communicate analytical findings in a clear and concise written manner, as well as oral presentations and informal discussions.
• Ability to interact effectively with senior managers of financial sponsors and target companies.

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
  • Responsible for tactical execution of work within team or business unit. Work is more complex with the expectation that knowledge and past experiences are drawn upon and adjustments are made as needed.
  • Generally focused on daily deliverables, outputs and reporting. Typically manages work assignments and workflow independently, with moderate direction from management
  • Continues to build knowledge base and develop skills by partnering with more experienced staff but has the knowledge to work independently the majority of the time.
  • Has responsibility for mid-size or smaller clients/projects and typically works with more senior team members when working with larger clients/projects.
  • Accountable for direct level of reasoning and decision making for issues within team or business unit.
  • Additional responsibilities will be provided by your manager.

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.

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

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)

Language Assessments

 

No Required or Preferred Language Assessments

 

 

Pay Transparency

Base Salary: $110,000.00 – $140,000.00

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 10/02/2026, 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.

About The PNC Financial Services Group, Inc

PNC is a financial service company providing bank deposit products and services to its community. The company assets (as of December 31, 2011) of approximately $271.2 billion. PNC operations include a regional banking franchise operating primarily in nineteen states and the District of Columbia with more than 2,700 branches, online and mobile services together with 7,400 ATM machines, specialized financial businesses serving companies and government entities, and asset management and processing businesses.

The PNC Financial Services Group, Inc Careers

Join the vibrant team at The PNC Financial Services Group, Inc, a leader in financial services and a beacon of innovation and professional excellence. At PNC, we are committed to fostering a workplace where every team member can thrive and contribute to our collective success.

Work You’ll Do

Embark on a career with PNC and be part of a company that values diversity, leadership, and professional growth. Our team is dedicated to helping individuals and communities thrive by living our values and demonstrating our commitment to performance and integrity.

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Whether you're starting your career or looking to make a change, PNC offers a range of job opportunities and internships that will harness your skills and ignite your passion for financial services. From entry-level positions to leadership roles, PNC is hiring across various departments, ensuring a place for every talent and ambition.

Innovate and Lead

At PNC, innovation and leadership go hand in hand. Join us at the forefront of financial services, where your ideas can lead to better customer solutions and enhanced operational efficiency. Our culture encourages curiosity and initiative, allowing you to take your career to new heights through continuous learning and leadership opportunities.

Develop Your Career

PNC is not just a company; it's a place where you can shape your future. With robust training programs, including diversity training and professional development courses, we prepare our employees for sustained success. Career growth at PNC is supported by our commitment to mentorship and development, helping you build a rewarding career filled with exciting challenges and opportunities.

Benefits and Culture

Choosing to work at PNC means you value a culture that promotes mutual respect and teamwork. We offer competitive benefits that support the health, well-being, and financial security of our employees and their families. At PNC, we understand that our success as a company depends on the health, happiness, and productivity of our team members.

Networking and Professional Development

Advance your career through PNC’s vast networking opportunities. Connect with leaders and peers within the company through various events, training sessions, and community programs. Our commitment to professional growth is evident in our proactive approach to networking and development, helping you build meaningful connections and enhance your career trajectory.

Join Our Team

Ready to make a significant impact? Explore the current openings at The PNC Financial Services Group, Inc and find the position that matches your skills and interests. We are looking for passionate, driven, and creative team players who are ready to take the next step in their careers.

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Keep up to date with the latest from PNC Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that align with your career interests and get insider tips that can help you during the interview and resume submission processes.

Explore, Innovate, Grow with PNC

At The PNC Financial Services Group, Inc, your career is what you make it. Join us and discover how your unique talents can be honed and appreciated in an environment that fosters professional and personal growth. Let’s build the future of financial services together.

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Learn more about The PNC Financial Services Group, Inc
Size
57,668 employees
Market Cap
$62.6 billion
Industry
Net Income
$7.5 billion
Founded
1845
5 Year Trend
+2.9%
NASDAQ

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