Portfolio Administrator
About The Position
The Portfolio Administrator works within PNC's Private Bank organization and is based in Cleveland, Ohio. The role is responsible for consistent administration of PNC Private Bank Investment Management, IRA, and other non-trust accounts in compliance with applicable legal and fiduciary requirements, policies, and procedures. Responsibilities include administering assigned accounts according to governing documents, state law, and AMG policies; completing account reviews and routine administrative activities; resolving routine issues; and using PNC Private Bank systems to support a limited portfolio of relatively low-complexity, lower-fiduciary-risk accounts. Depending on the business segment, the role may also support investment management activities. The Portfolio Administrator collaborates with internal partners to address problems and escalates anticipated or known account and client issues. The position requires time in the office, although some responsibilities may be performed remotely at the manager’s discretion. PNC does not provide employment visa sponsorship or participate in STEM OPT for this position.
Requirements
- Bachelor’s degree; in lieu of a degree, a comparable combination of education, job-specific certifications, and experience (including military service) may be considered.
- Roles at this level typically require less than one year of professional experience and/or successful completion of a formal development program.
- Knowledge, skills, and abilities in account management, accuracy and attention to detail, effective communications, fiduciary responsibilities, and problem solving.
Responsibilities
- Administer PNC Private Bank Investment Management, IRA, and other non-trust accounts consistently and in compliance with legal and fiduciary regulations, policies, and procedures.
- Administer assigned accounts in accordance with governing documents, state law, and AMG policy and procedure.
- Complete administrative account reviews and activities and resolve routine issues with minimal complexity.
- Use PNC Private Bank systems to support investment management for a limited portfolio of relatively low-complexity, lower-fiduciary-risk accounts.
- Depending on the business segment, provide investment support and administrative activities for the investment management business.
- Collaborate with internal partners to solve problems and escalate anticipated or known account and client issues and concerns.
- Focus on customer needs and satisfaction when making business decisions and creating customized customer solutions.
- Assess and manage risks associated with business objectives and activities in accordance with PNC's Enterprise Risk Management Framework.
Benefits
- Medical and 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 plan
- Stock purchase plan
- Dependent care reimbursement account
- Back-up child and elder care
- Adoption, surrogacy, and doula reimbursement
- Educational assistance, including select fully paid programs
- 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 and years of service
- Incentive-eligible compensation based on company, business, and/or individual performance
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
