Private Equity Associate

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.

PNC Erieview Capital ( 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.

Job Description

• 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:

• Customer Focused - 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.
• Managing Risk - 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.

Competencies

Work Experience
Roles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience. Certifications are often desired. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

Education
Bachelors

Certifications
No Required Certification(s)

Licenses
No Required License(s)

Language Assessments

No Required or Preferred Language Assessments

Pay Transparency

Base Salary: $110,000.00 - $140,000.00

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 10/02/2026, 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 View email address on click.appcast.io. 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 View phone number on click.appcast.io 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

Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.