About the role#
As a Graduate Intern in the Chief Investment Office, you will join a modeling team that applies economics, finance, and data-driven research to quantify interest rate risk. You will support investment and balance sheet management decisions by developing analytics for deposit behavior, mortgage products, and the firm’s investment portfolio. This is a full-time, on-site position based in New York City.
What you'll do#
- Conduct empirical research on customer behavior and fixed income markets using large financial and economic datasets.
- Develop and enhance econometric, statistical, and predictive models for deposits, mortgage prepayments, fixed income securities, and interest rate risk measurement.
- Design analytical frameworks that quantify balance sheet optionality to support portfolio and risk management decisions.
- Present research findings and investment insights to quantitative, risk, and business stakeholders.
What you'll need#
- Current enrollment in a PhD (preferred) or Master's program in Economics, Finance, Statistics, Mathematics, or a related quantitative discipline.
- Graduation within the next 12 months.
- Strong training in econometrics, empirical finance, statistics, or quantitative economics.
- Proficiency in Python and experience working with large datasets.
- Demonstrated research experience through dissertations, publications, working papers, or research assistantships.
Location & details#
- Location: New York, New York.
- Work Modality: This is an on-site, full-time role.
- Sponsorship: PNC does not provide visa sponsorship for this position.
- Term: Rolling.
About PNC
PNC is a financial services company based in Pittsburgh, Pennsylvania. It provides banking products including checking and savings accounts, credit cards, auto loans, and mortgages. The company also offers retirement, investment, and wealth management services for individuals and businesses. It operates as a public company with over 63,000 employees.
How to get in at PNC
Applying early to PNC internships provides a distinct advantage because recruiters review applications before the volume becomes unmanageable. Intern Insider sends an instant alert the moment a role matching your target is published anywhere, ensuring you can submit your materials among the first candidates. Getting your application in early often means your profile is seen while the team still has time to review it thoroughly. You can improve your response rates by reaching out to the recruiters behind the roles directly to ask about the position or a potential referral. Intern Insider surfaces these specific contacts for you, which helps you move beyond the standard application queue. Connecting with a real person can provide clarity on the team culture and help you stand out from the pile.
