Graduate Intern, Economic Scenario Design, Chief Investment Office (CIO) (Non-Campus)

PNC Scenario Design Intern

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. This position is primarily based in a PNC location. Responsibilities require time in the office or in the field on a regular basis. Some responsibilities may be performed remotely, at the manager's discretion.

The Scenario Design team is responsible for developing and maintaining the firm's baseline economic forecast and alternative macroeconomic scenarios used across CECL and CCAR processes. In this role, the candidate will monitor evolving economic conditions, provide timely commentary to inform the forecast process, and contribute to the ongoing development, enhancement, and monitoring of economic models. The position also plays a key part in leveraging technologysuch as dashboards, automation, and analytical toolsto improve forecasting efficiency, transparency, and analytical rigor. The position is based in New York City and is fully in office.

Job Responsibilities

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

• Help maintain and enhance the firm's baseline economic outlook and alternative scenarios used for CECL and CCAR.
• Monitor economic and financial market conditions and provide written and verbal commentary to support the scenario and forecasting process.
• Support economic modeling initiatives, including model performance monitoring, documentation, and model development.
• Design, build, and maintain dashboards and technological solutions that streamline and strengthen the forecasting workflow.
• Collaborate with internal stakeholders to ensure high-quality scenario development and delivery.

Requirements

Education - Masters/PhD level training in Economics/Finance. PhD level training will enhance candidacy. Strong coursework in statistics and empirical methods for economics and finance. Technical training in programming languages will enhance candidacy.

Other - Experience with doing independent empirical research. Publications will enhance candidacy. Interest in financial markets. Strong business communication skills writing and speaking.

Work eligibility: The candidate must be eligible to work in the US. PNC does not provide sponsorship for work visas or for permanent residency.