Position Overview

At PNC, our people are our greatest differentiator and competitive advantage in the market 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 a Graduate Intern, Economics with PNC’s Chief Investment Office organization, you will be based in New York City, NY.

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

The PNC Chief Investment Office (CIO) Economics team provides economic forecasting, scenario design, modeling, and thought leadership across the organization. The team develops macroeconomic scenarios for CECL, CCAR, and other risk management applications, produces forecasts for internal and external stakeholders, supports strategic decision-making through economic analysis, and engages with clients through presentations and market insights. Team members work at the intersection of economics, risk management, and financial services, leveraging quantitative models and expert judgment to assess economic trends and their implications for PNC and its clients.

We are seeking PhD or master’s students in Economics, Finance, Econometrics, or related quantitative disciplines who are nearing graduation. This internship offers an opportunity to apply advanced economic and quantitative research techniques to real-world challenges in macroeconomic forecasting, scenario design, risk management, and financial markets. Successful candidates will have a strong analytical background and experience conducting empirical research using economic and financial data.

This position is based in New York City and requires full-time, in-office participation.

PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Job Responsibilities

As an intern, the candidate will participate in the many activities of the economics team. These include:

• Conducting economic and financial research to support macroeconomic forecasting, scenario design, and market analysis.

• Analyzing economic data, financial markets, and emerging trends to identify risks, opportunities, and key drivers of the outlook.

• Assisting in the development and evaluation of quantitative models used for forecasting, stress testing, and risk management.

• Preparing presentations, data visualizations, and written insights that communicate economic and market developments to internal stakeholders and clients.

We are looking for a candidate with the following:

• Currently pursuing a master’s or PhD degree in Economics, Finance, Econometrics, or a related quantitative field, with an anticipated graduation date within the next 12 months.

• Strong foundation in economic theory, econometrics, statistics, and empirical research methods, demonstrated through coursework, research, or professional experience.

• Experience working with economic, financial, or large-scale datasets and applying quantitative methods to analyze complex problems.

• Proficiency in analytical and programming tools such as Python, R, MATLAB, Stata, SAS, or similar platforms used for data analysis and modeling.

• Excellent written and verbal communication skills, with the ability to translate quantitative findings into clear, actionable insights for both technical and non-technical audiences.

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.

Competencies

Accuracy and Attention to Detail, Analytical Thinking, Effective Communications, Flexibility and Adaptability, Information Capture, Initiative, Products and Services, Self-Directed Growth and Development

Work Experience

Roles at this level are filled by recent university / college graduates with little or no professional experience, but possessing relevant skills. Includes individuals joining the organization through a Corporate development/ training program. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

Education

No Degree

Certifications

No Required Certification(s)

Licenses

No Required License(s)

Language Assessments

No Required or Preferred Language Assessments

Pay Transparency

Base Salary: $63,000.00 – $105,000.00

Salaries may vary based on geographic location, market data and on individual skills, experience, and education.

Application Window

Generally, this opening is expected to be posted for two business days from 10/01/2026, although it may be longer with business discretion.

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; 9 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, visit pncthrive.com.

Disability Accommodations Statement

If an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com. 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 877-968-7762 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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