Corporate & Institutional Banking Undergraduate Intern – Tax Credit
PNC · United States · 1mo ago
Position Overview
At 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 an intern within PNC's Tax Credit Solutions organization, you will be based in Louisville, KY.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
As a PNC Internwithin the Tax Credit Solutions team, you willparticipatein a "best-in-class" internship program. During this10 weekprogram,you will have the opportunity to gain exposure tothe Tax Credit Solutionsline of business, expand the toolsyou need to launch your careerand complement your education with real-world job experience.
Tax CreditSolutions fallsunder PNC’s Corporate & Institutional Banking (C&IB) Division.PNC is one of the largest U.S. banks with$562billionin assets and$421billionin deposits. PNC has approximately56,000 employees across the United States and abroad; approximately 2,300 branches; and approximately60,000 PNC and Partner ATMs Coast to Coast.
TheTax Credit Solutionstrack of the Corporate & Institutional Banking (C&IB) Summer Internship Program enables interns to explorethe inner workings of the Low-Income Housing Tax Credit (LIHTC) equity and debt programs for affordable housing across the nation. The intern will be exposed to sales functions (both on the developer and institutional sales sides), underwriting and asset management roles within the business. They will also be exposed to the other credit types that TCS is involved in which include Historic Tax Credits, New Market TaxCredits,and the Preservation product.
Interns will work directly with the Relationship Team and senior management to support daily operations related to underwriting (portfolio administration, periodic reviews, loan offerings, loan documentation and fulfillment, prescreen) and sales functions (pre-call planning, client research, pitchbooks, relationship reviews, and follow-up).Upon completion, interns will recognize the importance each of these functionshaveon the deal-making process.
The Summer Internship Program is a direct pipeline for talent to theTax Credit Solutionstrack of the Corporate & Institutional Banking (C&IB) Development Program, providing interns with an unparalleled opportunity to learn the business while gaining visibility among the firm's senior leadership.
Upon successful completion of the Summer Internship, interns may be offered an opportunity to join the C&IB Development Program after graduation.Geographic flexibility is important to your success in this program. Opportunities are availableinLouisville, KY.
Learn more about PNC’s Internshipsby visitingwww.pnc.jobs/students.
Job Profile:
Participates as an intern in the PNC summer internship program.
Performs orassiststhe 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.,identifiesand networks with business representatives and peers,participatesin mentoring, jobshadowingand community outreach).
Required Education and Experience:
Working towardbachelor’s degree, preferred business relevant majors (e.g.,Finance, Accounting, IT, Economics, Marketing, Math, Statistics, HR, Management, Communications, Business Law, Psychology, Logistics, Engineering, Computer Science, Actuarial Sciences),junior status.
MinimumGPA 3.0.
PNCprovidesequal 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.
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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 DevelopmentWork 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 DegreeDisability Accommodations Statement
If an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com. Please include “accommodation request” in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.
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.
This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.
California Residents
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