Position Overview

At PNC our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected valued and have an opportunity to contribute to the companys success.

PNC Erieview Capital () a leading private equity investor of junior capital in middle-market businesses in the United States is seeking an Associate to join our team.

PNC will not provide sponsorship for this position.

Since our inception in 1979 we have actively invested junior capital in over 285 middle-market platform companies alongside more than 70 private equity sponsors across a wide range of industries. We are currently investing out of a $750 million commitment and managing existing mezzanine and minority equity investments in approximately 50 portfolio companies.

The Associate will be based in Pittsburgh PA and will work closely with the firms other investment professionals to source underwrite close and monitor junior capital investments in middle-market companies. Primary responsibilities include:

Screen potential private equity investment opportunities across various industry sectors and geographies.
Perform due diligence procedures including industry and company research on prospective investments.
Prepare in-depth financial models and analyses of prospective investments including historical and projected financial results evaluation of assumptions and risk factors.
Assist with the preparation of screening and investment committee materials.
Support senior investment professionals in the negotiation and development of legal documentation for prospective investments.
Monitor the post-acquisition financial and operating performance of investments.

Importantly we expect an Associates role to expand over time as they demonstrate an ability to take on additional responsibility. The successful candidate will have the following preferred qualifications:

Undergraduate degree in Finance Business Economics or Accounting
Minimum of two to three years of relevant work experience; (investment banking private equity or other M&A experience)
Proficiency in financial analysis and modeling
Skill in analyzing investment opportunities including a thorough evaluation of all aspects of a companys business plan.
Ability to communicate analytical findings in a clear and concise written manner as well as oral presentations and informal discussions.
Ability to interact effectively with senior managers of financial sponsors and target companies.

The position is primarily based in a PNC location. Responsibilities require time in the office or in the field on a regular basis. Some responsibilities may be performed remotely at the managers discretion.

Job Description

• Performs analytical and operational activities related to proposed deals and existing investments under the direction of senior staff professionals. Participates in the identification origination analysis closing and monitoring of investment transactions.
• Participates in the marketing effort directed toward sources of investments in support of senior staff as needed. May develop sources and perform sales calls.
• Performs in-depth analyses of prospective new investments including historical/projected financial results industry research and risk factors. Determines acceptability of potential investments in conjunction with team.
• Evaluates various opportunities for portfolio companies including evaluation of potential acquisitions analysis of various comparable companies in contemplation of public offering and determination of fair market value of companies contemplating recapitalization and other exit scenario analysis as required.
• Evaluates various existing opportunities for portfolio companies. Participates in the review of legal documentation prior to and following the transaction closing in conjunction with senior staff. Monitors compliance issues after closing. Works with internal finance staff to track portfolio performance valuation and reporting.

PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:

• Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
• Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNCs Enterprise Risk Management Framework.

Qualifications

Successful candidates must demonstrate appropriate knowledge skills and abilities for a role. Listed below are skills competencies work experience education and required certifications/licensures needed to be successful in this position.

Preferred Skills

Asset Allocation Capital Management Corporate Accounting Credit Risk Analysis General Ledger Administration Investments Revenue Recognition

Competencies

Business Acumen Cross-Team Integration Decision Making and Critical Thinking Effective Communications Financial Forecasting and Modeling Financial Statement Analysis Investments Managing Multiple Priorities Quantitative Techniques

Work Experience

Roles at this level typically require a university / college degree with 3 years of relevant / direct industry experience. Certifications are often desired. In lieu of a degree a comparable combination of education job specific certification(s) and experience (including military service) may be considered.

Education

Bachelors

Certifications

No Required Certification(s)

Licenses

No Required License(s)

Benefits

PNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility options for full-time employees include: medical/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 and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption surrogacy and doula reimbursement; educational assistance including select programs fully paid; a robust wellness program with financial incentives.

In addition PNC generally provides the following paid time off depending on your eligibility: maternity and/or parental leave; up to 11 paid holidays each year; 8 occasional absence days each year unless otherwise required by law; between 15 to 25 vacation days each year depending on career level; and years of service.

To learn more about these and other programs including benefits for full time and part-time employees visitYour PNC Total Rewards.

Disability Accommodations Statement

If an accommodation is required to participate in the application process please contact us via email at . Please include accommodation request in the subject line title and be sure to include your name the job ID and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call and say Workday for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.

Equal Employment Opportunity (EEO)

PNC provides equal employment opportunity to qualified persons regardless of race color sex religion national origin age sexual orientation gender identity disability veteran status or other categories protected by law.

This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and for any registered role the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA) which prohibit the hiring of individuals with certain criminal history.

California Residents

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