Asset Management Group

Development Program Details

Program Overview

The Asset Management Group Early Career Development Program offers a comprehensive, interactive program that will fully prepare analysts to cultivate relationships with key partners and assume client facing roles within the Asset Management Group.

The program is a pipeline for talent, providing an unparalleled opportunity to learn the business through an extensive mix of classroom, job shadowing and job rotation while gaining visibility among the firm's senior leadership.

There are two tracks to the Asset Management Group Development Program, Wealth Management/Hawthorn track and Institutional Asset Management track.

Both programs are 3.5 years in length and analysts spend their first 6 weeks in a mix of virtual and classroom training experiencing a comprehensive, boot camp style introduction to Asset Management.

Following training, analysts begin their first rotation in their assigned market and respective track.  

Learn More: Wealth Management/Hawthorn Track » | Institutional Asset Management Track »

What a Typical Day Looks Like

Day to day work includes task-oriented executional items as well as longer term strategic projects.  Work flow will vary from week to week based on client and business needs. Analysts must be able to prioritize assignments to meet deadlines and be flexible to adapt as urgent needs arise.

Throughout the program, analysts will work closely with internal and external partners including clients. Client interaction will become more frequent as analysts progress through the program and assume more responsibility.

Analysts will analyze data work sets, draw conclusions and make recommendations to support business efforts. As Analysts move through the program and become more competent in their role, workload and project complexity will increase. A comprehensive understanding of PNC's Asset Management Group products and services is required.

Additional Job Responsibilities may include:

  • Participate in and/or support new client acquisition and sales growth strategies to develop skills needed to independently generate new business and revenue.  Support the sales process by preparing sales presentations, investment materials, etc.
  • Analyze information and apply critical thinking skills to design and/or execute client solutions. This may include developing and implementing client retention strategies or identifying, monitoring, and addressing at-risk client situations.
  • Provide investment recommendations based on security and investment research, financial conditions, capital structures, and earnings potential of corporations within an assigned area. Perform other duties as assigned.
  • Participate in social learning (e.g. identifies and networks with business representatives and peers, participates in mentoring, job shadowing and community outreach) to ensure appropriate level of knowledge in investing product and sales.  May participate in formal learning as recommended by the business, to develop the skills needed to analyze, evaluate and mitigate risk and ensure compliance with all applicable policies.

Wealth Management/Hawthorn Track

Business Overview: Wealth Management and Hawthorn are two segments that offer a complete range of solutions and strategies for individuals and families with significant assets. Advisors in Wealth Management and Hawthorn are responsible for developing client solutions and strategies, including lending, investment management, estate/retirement planning, and trust administration.

Track Overview: Following boot camp training, analysts will work side by side with an advisor learning all aspects of the role.

  • During year 1, analysts focus on learning AMG fundamentals while supporting a book of business
  • Within year 2, analysts rotate into a different functional area and focus on learning how to build relationships
  • In year 3, analysts are aligned to a functional area to further refine knowledge and skills in preparation for final placement. Analysts continue to focus on building relationships and may start to transition to managing their own book of business

Rotations in this program are 12+ months. Analysts will rotate throughout the duration of the program to different roles in order to develop a deep understanding of the business. Rotation areas include:

  • Banking Advisor
  • Fiduciary Advisor
  • Investment Advisor
  • Wealth Strategist
  • Client Advisor
  • Relationship Strategist 

Career Opportunities: Based on business need and upon successful completion of the AMG Development Program, Analysts will be placed into one of the above roles which they explored during rotations.


Institutional Asset Management Track

Business Overview: Institutional Asset Management is responsible for guiding corporations, governments, non-profits and investors to solutions that optimize every step in investing & retirement. The group is recognized as a national market leader - a premier provider and partner - with proven expertise, and differentiation in local delivery. 

Track Overview: Following boot camp training:

  • Analysts are placed into a client facing role for the first year of the program
  • Within year 2, analysts will participate in focused training and be assigned to a portfolio management team
  • In year 3, analysts will participate in intensive leadership training, after which they will work in Business Development, Client Advisory, or Portfolio Management under the mentorship of a Senior Business Development Officer or Senior Institutional Client Advisor

Rotations in this program are 12+ months. Analysts will rotate throughout the duration of the program to different roles in order to develop a deep understanding of the business. Rotation areas include:

  • Institutional Client Advisor
  • Business Development Officer
  • Fixed Income Analyst
  • Equity Analyst
  • Product Specialist

Career Opportunities: Based on business need and upon successful completion of the AMG Development Program, Analysts will be placed into one of the above roles which they explored during rotations.


Duration & Locations


3.5

Years

 

Various Locations Available:

Alabama, Delaware, Florida, Greater Washington, Georgia, Illinois, Indiana, Kentucky, Maryland, Michigan, Missouri, New Jersey, North Carolina, Ohio, Pennsylvania, Wisconsin

Note: Relocation across PNC’s footprint may occur during the program and upon successful completion. Ability to be geographically flexible is preferred.

Desired Skills Include

Superior communication skills (written/verbal); ability to establish strong relationships quickly; exceptional quantitative skills, including the ability to analyze data sets and apply financial and analytical theories; results-driven and highly motivated; ability to work independently with minimal supervision; proactive; passion for investing and the markets; creativity in problem solving, research capabilities and attention to detail; comfortable working through ambiguous problems; strong Excel and PowerPoint skills; strong emphasis to complete designations/certifications (ie. CFA, CFP)

Preferred Areas of Study: Business relevant majors (e.g. Finance, Accounting, Economics, Marketing, Management and Business Law)

Desired Skills: Superior communication skills (written/verbal); ability to establish strong relationships quickly; exceptional quantitative skills & more. Learn More

Minimum Requirements: Bachelor’s Degree from a 4-year school or university, 3.0 GPA

 

Please check back in fall 2018 for information on submitting your interest.