Corporate & Institutional Banking Undergraduate Intern – Real Estate Banking

PNC•Washington, DC

1d•$18 - $35•Onsite

About The Position

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 Real Estate Banking organization, you will be based within the PNC footprint. 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. As a PNC Intern, you will participate in a "best-in-class" internship program. During this 10-week program, you will have the opportunity to gain exposure to a specific line of business, expand the tools you need to launch your career and complement your education with real-world job experience. PNC is one of the largest U.S. banks with $562 billion in assets and $421 billion in deposits. PNC has approximately 56,000 employees across the United States and abroad; approximately 2,300 branches; and approximately 60,000 PNC and Partner ATMs Coast to Coast. Real Estate Banking is a department within the PNC Real Estate. PNC Real Estate, a part of PNC’s Corporate & Institutional Banking (C&IB) Division, has a national presence with approximately 1,000 employees in 40 cities. 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 has 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. 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 available throughout PNC’s footprint and could include, but not limited to: Atlanta, GA; Boca Raton, FL; Boston, MA; Dallas, TX; Denver, CO; East Brunswick, NJ; Los Angeles, CA; Irvine, CA; New York, NY; San Francisco, CA; New York, NY; San Diego, CA; Houston, TX or Washington, D.C. Learn more about PNC’s Internships by visiting www.pnc.jobs/students. 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, 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).

Requirements

Working toward bachelor’s degree, preferred business relevant majors (e.g., Real Estate, 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.
In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
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.

Nice To Haves

Geographic flexibility is important to your success in this program.

Responsibilities

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, 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).