Corporate & Institutional Banking Undergraduate Intern – Real Estate Banking

PNC

Sep 22, 2023

Applications are closed

Internship
Full-time
Summer Internship
Banking & Finance
New York, +4

Requirements

Working toward Bachelor'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.
Minimum GPA 3.0.
Competencies:
Accuracy and Attention to Detail – Understanding of the necessity and value of accuracy and attention to detail; ability to process information with high levels of accuracy.
Analytical Thinking – Knowledge of techniques and tools that promote effective analysis and the ability to determine the root cause of organizational problems and create alternative solutions that resolve the problems in the best interest of the business.
Effective Communications – Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.
Flexibility and Adaptability – Knowledge of successful approaches, tools, and techniques for dealing with changes and adapting to a changing environment; ability to adapt as needed.
Information Capture – Knowledge of the processes and the ability to identify, capture and document relevant business information in an auditable, organized, understandable and easily retrievable manner.
Initiative – Understanding of the value of self-motivation and initiative; ability and willingness to seek out work and the drive to accomplish goals.
Products and Services – Knowledge of major products and services and product and service groups; ability to apply this knowledge appropriately to diverse situations.
Self-Directed Growth and Development – Understanding of the necessity of continuous personal growth; ability to gauge one's strengths, limitations and interests, and use of this knowledge for purposes of performance effectiveness and self-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.

Responsibilities

The Real Estate Banking Internship Program enables interns to explore various aspects of Real Estate Banking. Including acquisition, construction, and permanent financing for all property types for developers and investors as well as traditional banking services such as cash management, interest rate risk management, capital markets solutions, foreign exchange, personal wealth management, and institutional investments.
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 functions have on the deal-making process.
The Summer Internship Program is a direct pipeline for talent to the Real Estate Banking track 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.
Participates as an intern in the PNC summer internship program.:
Performs or assist the 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., identifies and networks with business representatives and peers, participates in mentoring, job shadowing and community outreach).

PNC

Finance

Industry

10,001+

Employees

Mission & Purpose

For more than 160 years, we’ve been committed to making a difference for our customers, communities and employees. Our Main Street banking model means we are uniquely rooted in the places where we operate, living in and supporting the communities in which we do business – understanding our customers are our neighbors. Through our growth into one of the nation’s leading banks, we are helping customers from coast-to-coast protect and grow their wealth. By combining what customers love about community banks with the security, technology, and capabilities of a top bank, we are helping everyone move forward financially. See how we can make a difference for you.