Join PNC’s Asset Management Group Investment Office in Philadelphia, where you will support the Custom and Direct Indexing (CDI/THOR) team with research and analysis that inform fixed income coverage, issuer evaluation, and portfolio recommendations. This onsite role combines credit research, valuation modeling, and data-driven decision support within an environment that emphasizes risk management, customer-focused thinking, and careful execution.
Responsibilities
- Provide fixed income research coverage across assigned industry and sectors.
- Analyze financial statements, industry data, and market dynamics to develop a credit profile and valuation framework for individual fixed income issuers.
- Support issuer and security recommendations using detailed financial statement models, data analysis, and valuation models.
- Produce portfolio recommendations grounded in financial, technical, and valuation metrics.
Requirements
- 3+ years of relevant, direct industry experience (roles at this level typically require a university/college degree).
- Prior experience with SMA trading, portfolio implementation, and ongoing portfolio maintenance in an investment management environment.
- Familiarity with equity direct indexing solutions, including customization, rebalancing, and tracking error management.
- Strong ability to work with and interpret large datasets, including sourcing, cleaning, and validating data for analytical use.
- Programming or quantitative skill set (such as Python or SQL) to build or enhance models, analytics, and automation tools.
- Interest in financial markets, equity investing, and portfolio construction, with a proactive, self-motivated problem-solving approach.
- Exceptional attention to detail and capability to manage multiple priorities in a fast-paced, deadline-driven environment.
- Experience using Fact Set and/or Bloomberg.
- Strong knowledge of statistical modeling, regression, and financial time series.
- Progress toward the CFA designation is strongly preferred.
- Demonstrated strengths including analytical thinking, decision making, critical thinking, effective communications, financial and financial statement analysis, managing multiple priorities, and quantitative research techniques.
Tools and Technologies
- Python
- SQL
- Fact Set
- Bloomberg
Benefits
- 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
- Robust wellness program with financial incentives
- Maternity and/or parental leave
- Up to 11 paid holidays each year
- 9 occasional absence days each year (unless otherwise required by law)
- 15 to 25 vacation days each year, depending on career level
Risk, Customer Focus, and Equal Opportunity
The role aligns with customer needs and satisfaction in business decisions and supports PNC’s Enterprise Risk Management Framework by assessing and managing risks associated with business objectives and activities.
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.
This position is onsite in Philadelphia, PA. PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.
Disability accommodations: If an accommodation is required to participate in the application process, contact AccommodationRequest@pnc.com. Applicants may also call 877-968-7762 and say “Workday” for accommodation assistance. All information provided will be kept confidential and used only as needed to provide reasonable accommodations.
California residents: Refer to the California Consumer Privacy Act Privacy Notice to understand how PNC may use or disclose personal information in hiring practices.
