Corporate & Institutional Banking Undergraduate Intern – Agency Finance

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. The Agency Finance track of our C&IB Summer Internship Program enables interns to explore various aspects of the Multifamily Finance industry through PNC's Fannie Mae DUS, Freddie Mac Optigo, and FHA lending platforms. In addition to agency lending, we offer construction, bridge, and permanent financing through our balance sheet. This suite of products allows us to provide comprehensive financing solutions to our customers nationwide. Interns will work directly with the Relationship Team and senior management to support daily operations related to underwriting (portfolio administration, periodic reviews, due diligence reviews, loan documentation and fulfillment) and sales functions (pre-call planning, client research, pre-screen, relationship reviews, and loan structuring). Upon completion, interns will recognize the importance each of these functions have on the deal-making process. The Summer Internship Program is a direct pipeline for talent to C&IB PNC Real Estate 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.

Responsibilities

Participate in a best-in-class 10-week internship program; Gain exposure to a specific line of business; Expand tools needed to launch a career and complement education with real-world job experience; Work directly with the Relationship Team and senior management to support daily operations related to underwriting (portfolio administration, periodic reviews, due diligence reviews, loan documentation and fulfillment) and sales functions (pre-call planning, client research, pre-screen, relationship reviews, and loan structuring); Explore various aspects of the Multifamily Finance industry through PNC's Fannie Mae DUS, Freddie Mac Optigo, and FHA lending platforms; Participate in social learning within the organization (identify and network with business representatives and peers, participate in mentoring, job shadowing and community outreach)

Requirements

Working toward bachelor's degree; junior status; minimum GPA 3.2; Accuracy and Attention to Detail; Analytical Thinking; Effective Communications; Flexibility and Adaptability; Information Capture; Initiative; Products and Services; Self-Directed Growth and Development; little or no professional experience; geographic flexibility; PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position

Nice to have

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)

Benefits

Direct pipeline for talent to C&IB PNC Real Estate Development Program; Opportunity to join the C&IB Development Program after graduation; Visibility among the firm's senior leadership; Social learning (mentoring, job shadowing and community outreach)