Portfolio Administrator

PNC Bank•Cleveland, OH

5d•Hybrid

About The Position

As a Portfolio Administrator in PNC's Private Bank organization, the employee administers PNC Private Bank Investment Management, IRA, and other non-trust accounts in compliance with legal and fiduciary regulations, policies, and procedures. The role performs account administration according to governing documents, state law, and AMG policies and procedures; completes administrative reviews and activities; and resolves routine, minimally complex issues. It uses PNC Private Bank systems to support investment management for a limited portfolio of relatively low-complexity, low-fiduciary-risk accounts. Depending on the business segment, the role may also provide investment support and administrative activities for the investment management business. The administrator collaborates with internal partners to resolve problems and escalates anticipated or known account and client concerns. The position is based in Cleveland, Ohio, and may also be located in Louisville, Kentucky, or Indianapolis, Indiana. The role requires time in the office, although some responsibilities may be performed remotely at the manager’s discretion. PNC describes itself as an in-office company. PNC does not provide employment visa sponsorship or participate in STEM OPT for this position. The role is incentive eligible, with incentive payments based on company, business, and/or individual performance.

Requirements

Bachelor's degree.
Roles at this level typically require less than one year of professional experience and/or successful completion of a formal development program.
In lieu of a degree, a comparable combination of education, job-specific certifications, and experience, including military service, may be considered.
Demonstrated knowledge, skills, and abilities in account management, accuracy and attention to detail, effective communications, fiduciary responsibilities, and problem solving.
No required certifications.
No required licenses.
No required or preferred language assessments.
Must meet applicable Section 19 FDIA requirements and, for any registered role, applicable SAFE Act and/or FINRA requirements.
PNC will not provide employment visa sponsorship or participate in STEM OPT for this position.

Responsibilities

Administer assigned PNC Private Bank Investment Management, IRA, and other non-trust accounts in compliance with legal and fiduciary regulations, policies, and procedures.
Perform account administration 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 accounts with relatively low complexity and fiduciary risk.
Depending on the business segment, provide investment support and administrative activities for the investment management business.
Collaborate with internal partners to solve problems.
Escalate anticipated or known account and client issues and concerns.
Apply customer-focused practices and manage risks in accordance with PNC's Enterprise Risk Management Framework.

Benefits

Medical and prescription drug coverage, including 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 plans
Dependent care reimbursement account
Back-up child and elder care
Adoption, surrogacy, and doula reimbursement
Educational assistance, including select programs that are fully paid
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