Multi-Asset Class Portfolio Associate III
Job Description
Position Overview
At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are united in delivering the best experience for our customers while fostering an inclusive workplace culture where everyone feels respected and valued. As a Multi-Asset Class Portfolio Associate III within PNC's Asset Management Group Investment Office organization based in Philadelphia, PA, you will develop multi-manager, multi-asset class model portfolios. This role requires regular time in the office or field—with some remote work at the manager’s discretion—and partners with investment strategy, due diligence, trading implementation, and risk management teams to drive portfolio recommendations that maximize risk-adjusted returns.
Key Responsibilities
- Performs analysis, due diligence research, monitoring and analytical activities for various investment portfolio disciplines and participates in manager interviews.
- Incorporates due diligence processes and portfolio analyses into daily activities by gathering information and independently generating reports.
- Ensures appropriate investment managers are reviewed, selected for the platform and/or portfolios, and monitored by using applicable systems to gather information and produce reports.
- Introduces new investment managers onto the platform and/or into portfolios through robust analysis of sector or manager fit within an overall asset allocation framework.
- Researches and compiles information for final reports and may collaborate with specialists in authoring and presenting these reports.
- Demonstrates a customer-focused attitude and a commitment to managing risk in alignment with PNC’s Enterprise Risk Management Framework.
Required Qualifications
- Demonstrated strong quantitative capabilities; experience with Excel (macros), Morningstar Direct and/or FactSet preferred, and Python is a plus.
- A university/college degree with 3+ years of relevant or direct industry experience (or a comparable combination of education, job-specific certification(s), and experience).
- Excellent analytical thinking, attention to detail, and effective communication skills.
- Ability to work collaboratively in a high-paced environment and manage multiple priorities.
Additional desired qualities include proficiency in Asset Management, Capital Management, Due Diligence, Financial Management, General Ledger (GL), Process Control, and Revenue Recognition.
Benefits & Perks
- Comprehensive 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, along with pension and stock purchase plans.
- Dependent care reimbursement, backup child/elder care support, and reimbursement for adoption, surrogacy, and doula expenses.
- Educational assistance programs and a robust wellness program featuring financial incentives.
- Paid time off including maternity/parental leave, up to 11 paid holidays, 8 occasional absence days, and 15-25 vacation days annually, depending on career level and years of service.
For additional details regarding benefits and eligibility, please visit the Your PNC Total Rewards website.
Other Important Information
PNC is committed to fostering an inclusive and accessible workplace. If you require an accommodation during the application process, please email AccommodationRequest@pnc.com with “accommodation request” in the subject line, including your name, the job ID, and preferred contact method. You may also call 877-968-7762 and say "Workday" for assistance. All information provided will remain confidential.
PNC is an Equal Opportunity Employer and complies with all applicable laws regarding equal employment opportunities. This position is subject to requirements under Section 19 of the FDIA, the SAFE Act, and/or FINRA regulations. For California residents, please refer to the California Consumer Privacy Act Privacy Notice for details on how your personal information may be used.