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Corporate & Institutional Banking Undergraduate Intern – Tax Credit

PNC Financial

KY - Louisville (40202)InternshipIntern$5/hr
Sign in to applyVerified 2h ago
Location
KY - Louisville (40202)
Employment
Internship
Work model
On-Site
Level
Intern
Salary
$5/hr
Posted
1d ago

About this role

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 company’s success. As an intern within PNC's Tax Credit Solutions organization, you will be based in Louisville, KY. PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals.   PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Job Description

As a PNC Intern   within the Tax Credit Solutions team , you will   participate   in a "best -in-class" internship program . During this   10 week   program ,   you will have the opportunity to gain exposure to   the Tax Credit Solutions   line of business, expand the tools   you need to launch your career   and complement your education with real-world job experience.   Tax Credit   Solutions falls   under PNC’s Corporate & Institutional Banking (C&IB) Division .   PNC is one of the largest U.S. banks with   $5 62   billion   in assets and   $4 21   billion   in deposits .    PNC has approximately   56 ,000 employees across the United States and abroad; approximately 2, 3 00 branches; and approximately   60,000 PNC and Partner ATMs Coast to Coast.   The   Tax Credit Solutions   track of the Corporate & Institutional Banking (C&IB) Summer Internship Program enables interns to explore   the inner workings of the Low-Income Housing Tax Credit (LIHTC) equity and debt programs for affordable housing across the nation .    The intern will be exposed to sales functions (both on the developer and institutional sales sides), underwriting and asset management roles within the business .    They will also be exposed to the other credit types that TCS is involved in which include Historic Tax Credits, New Market Tax   Credits,   and the Preservation product .      Interns will work directly with the Relationship Team and senior management to support daily operations related to underwriting (portfolio administration, periodic reviews, loan offerings, loan documentation and fulfillment, prescreen) and sales functions (pre-call planning, client research, pitchbooks, relationship reviews, and follow-up).   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 the   Tax Credit Solutions   track of the Corporate & Institutional Banking (C&IB) 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.   Geographic flexibility is important to your success in this program .    Opportunities are available   in   Louisville, KY .   Learn more about PNC’s Internships   by visiting   www.pnc.jobs/students .    Job Profile :    Participates as an intern in the PNC summer internship program.   Performs or   assists   the core activities of the group by applying knowledge learned to drive business results (e.g. ,   deal, sales, process support, internal or external customer interaction, or supporting internal projects). Works under supervision and may have limited approval and/or exception authority.   Participates in social learning within the organization (e.g. ,   identifies   and networks with business representatives and peers,   participates   in mentoring, job