Quantitative Analytics Undergraduate Intern

Key Skills

Data Analysis, Data Analytics, Data management, Quantitative models

Job Description

Quantitative Analytics Undergraduate Intern

As a PNC Intern, you will participate in a best-in-class internship program and jump start your career at a top U.S. bank. During this 10-week program you will work directly with PNC’s team of quantitative analysts, portfolio managers, and data scientists. You will develop the tools you need to launch a successful career and complement your education with real-world experience.

The Quantitative Analytics Summer Internship Program provides interns the opportunity to experience PNC’s Retail Lending Analytics and Balance Sheet Analytics and Modeling organizations. Both areas contain seasoned quantitative professionals that turn internal and external data into actionable recommendations for portfolio, capital allocation, and risk-based decisions. The groups act as trusted partners to PNC’s lending and credit functions to provide analytical foresight and insight to make effective decisions related to risk appetite, return, profitable growth, portfolio optimization, and strategy. This group has seen tremendous growth recently as PNC has rapidly increased sophistication in modeling and analytics.

As a Quantitative Analytics intern, you will have the opportunity to

• interact with PNC’s senior management;
• learn from best-in-class quantitative analysts, portfolio managers, and data scientists; and
• experience first-hand the tools used to manage a top bank’s balance sheet.

Quantitative Analytics interns will be placed in one of the following areas for the duration of the internship:

• Consumer and Commercial analytics
• Portfolio Management
• Model Development
• Credit Process Management
• Data Management

The Quantitative Analytics Summer Internship Program is offered in Pittsburgh, PA, the greater Washington D.C. area, New York City, and Houston, TX

This position is primarily based in a PNC location. Responsibilities require time in the office or in the field on a regular basis. Some responsibilities may be performed remotely, at manager’s discretion.

Job Profile

Participates as an intern in the PNC summer internship program.

• Performs or assists the core activities of the group by applying knowledge learned to drive business results (e.g. deal, sales, or 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).

Required Education and Experience

• 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 3.2.
• 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.

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.

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.

Education: No Degree

COMPENSATION: $18/HR - $35/HR

Placement within the compensation range is based on the specific role and may vary by geographic location and/or market data.