As an Investment Banking Analyst, you begin with a three-month intensive development program in at our headquarters in Pittsburgh, where you'll strengthen your financial modeling skills, learn sales and relationship management, and gain thorough knowledge of PNC capabilities in areas such as M&A advisory, structure finance, capital markets, asset securitization and loan syndication. From there, you'll move to your relevant business area where you?ll take on substantive responsibilities as a key member of a specialist team. As an Analyst, you?ll have extensive networking opportunities and frequent interaction with senior PNC executives.
PNC's target investment banking client base is the middle market, defined as companies with between $30 million to $1 billion in annual revenues. In this segment, we offer national capabilities, which include Asset-Backed Securities, Equipment Finance, Foreign Exchange, M&A Advisory, Corporate Share Repurchase Programs, Equity and Interest Rate Derivatives, Loan Syndications, Private Placements, and Public Market Securities. Capital Markets comprises the investment banking and capital markets activities of PNC Bank. We also own Harris Williams & Co., a specialist investment bank that serves the M&A advisory needs of the middle market.
As an Investment Banking Analyst, you'll draw upon your technical skills as you analyze financial statements, develop financial projections, model transactions, conduct due diligence research on industries and company. You'll also be involved in every step of your team's client transactions. PNC has a select number of investment banking positions available in A&LM, Derivatives, Financial Institutions, Foreign Exchange, Loan Syndications, Public Finance, and Structured Finance. As a member of any of these teams, you'll get significant exposure to senior bankers and clients, and deepen your understanding of how transactions unfold. As you build your deal resume, you?ll be working for a highly respected competitor in middle market investment banking.