Research Associate Jobs

About The Position

Requirements

• Bachelor’s degree; a comparable combination of education, job-specific certifications, and experience, including military service, may be considered in lieu of a degree.
• At least 3 years of relevant or direct industry experience.
• Knowledge, skills, and abilities relevant to the role, including accuracy and attention to detail, analytical thinking, business data analysis, decision-making and critical thinking, effective communication, industry knowledge, influencing, managing multiple priorities, problem solving, and knowledge of the financial-services regulatory environment.
• Experience in investment research, portfolio management, asset allocation, and investment due diligence is identified as desirable for the ideal candidate.
• PNC will not provide employment visa sponsorship or participate in STEM OPT for this position.

Nice To Haves

• Certifications are often desired, but none are required.
• Experience with mutual funds, ETFs, Separately Managed Accounts (SMAs), and private market alternatives.
• Experience with multi-asset portfolios, capital market assumptions, manager due diligence, and communicating investment strategy.
• Familiarity with platforms such as Envestnet and eMoney.

Responsibilities

• Conduct investment research and due diligence on mutual funds, ETFs, Separately Managed Accounts (SMAs), private market alternatives, and third-party investment managers.
• Assist with developing, implementing, and managing advisory model portfolios and asset allocation strategies.
• Monitor portfolio performance and provide performance attribution analysis and investment recommendations.
• Evaluate and maintain capital market assumptions, portfolio allocations, and risk frameworks.
• Present investment recommendations and research findings to investment committees and senior leadership.
• Support portfolio implementation and maintenance using platforms such as Envestnet, eMoney, and other advisory systems.
• Create and deliver investment commentary, presentations, and market insights for advisors and clients.
• Monitor industry trends, competitive offerings, and emerging investment opportunities to enhance the investment platform.
• Perform analysis, due diligence research, monitoring, and analytical activities for investment portfolio disciplines.
• Participate in manager interviews and incorporate due diligence processes and portfolio analyses into daily work.
• Gather information, independently generate reports, and use applicable systems to produce reports.
• Review, select, and monitor investment managers for the platform and/or portfolios.
• Analyze and introduce investment managers to platforms or portfolios, including assessing their fit within an overall asset allocation framework.
• Research and compile information for final reports and, with specialists, may author and present final reports.
• Focus on customer needs and satisfaction when making business decisions and developing customized customer solutions.
• Assess and manage risks associated with business objectives and activities in alignment with PNC’s Enterprise Risk Management Framework.

Benefits

• Medical and prescription drug coverage, including a Health Savings Account feature, subject to eligibility.
• Dental and vision options, subject to eligibility.
• Employee and spouse/child life insurance, subject to eligibility.
• Short- and long-term disability protection, subject to eligibility.
• 401(k) with PNC match, pension, and stock purchase plans.
• Dependent care reimbursement account and back-up child or elder care.
• Adoption, surrogacy, and doula reimbursement.
• Educational assistance, including select fully paid programs.
• Wellness program with financial incentives.
• Maternity and/or parental leave, depending on eligibility.
• Up to 11 paid holidays each year, depending on eligibility.
• 9 occasional absence days each year, unless otherwise required by law.
• Between 15 and 25 vacation days each year, depending on career level and years of service.