Private Equity Associate

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.

PNC Erieview Capital (www.pncerieview.com), a leading private equity investor of junior capital in middle-market businesses in the United States, is seeking an Associate to join our team.

Since our inception over 45 years ago, we have actively invested junior capital in over 300 middle-market platform companies alongside more than 70 private equity sponsors across a wide range of industries. We are currently investing out of an $800 million commitment and managing existing junior capital investments in approximately 55 portfolio companies.

The Associate will be based in Cleveland, Ohio and will work closely with the firm's other investment professionals to source, underwrite, close, and monitor junior capital investments in middle-market companies.

Primary responsibilities include:

• Screen potential private equity investment opportunities across various industry sectors and geographies.
• Perform due diligence procedures, including industry and company research on prospective investments.
• Prepare in-depth financial models and analyses of prospective investments, including historical and projected financial results, evaluation of assumptions and risk factors.
• Assist with the preparation of screening and investment committee materials.
• Support senior investment professionals in the negotiation and development of legal documentation for prospective investments.
• Monitor the post-acquisition financial and operating performance of investments.

Importantly, we expect an Associate's role to expand over time as they demonstrate an ability to take on additional responsibility.

The successful candidate will have the following preferred qualifications:

• Undergraduate degree in Finance, Business, Economics or Accounting
• Minimum of two to three years of relevant work experience; (investment banking, private equity, or other M&A experience)
• Proficiency in financial analysis and modeling
• Skill in analyzing investment opportunities including a thorough evaluation of all aspects of a company's business plan.
• Ability to communicate analytical findings in a clear and concise written manner, as well as oral presentations and informal discussions.
• Ability to interact effectively with senior managers of financial sponsors and target companies.

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.

• Responsible for tactical execution of work within team or business unit. Work is more complex with the expectation that knowledge and past experiences are drawn upon and adjustments are made as needed.
• Generally focused on daily deliverables, outputs and reporting. Typically manages work assignments and workflow independently, with moderate direction from management
• Continues to build knowledge base and develop skills by partnering with more experienced staff but has the knowledge to work independently the majority of the time.
• Has responsibility for mid-size or smaller clients/projects and typically works with more senior team members when working with larger clients/projects.
• Accountable for direct level of reasoning and decision making for issues within team or business unit.
• Additional responsibilities will be provided by your manager.

PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be: •

• Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.

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• Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.

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.