Closely Held Business Advisor III

Position Overview

As a Closely Held Business Advisor III (VP) within the PNC Private Bank, you will be primarily based in a PNC location. Responsibilities require time in the office or in the field on a regular basis.

• Makes business decisions regarding new business that includes closely-held (non-publicly traded) assets and evaluates ability to accept these assets. Involved in more complex sales of assets and related legal issues. Monitors, coordinates, interprets and processes financial and non-financial information on a monthly basis relating to closely-held (non-publicly traded) assets held within Investment Management and Trust accounts. May provide guidance to other team members.
• Works with the sales and fiduciary teams who are proposing new business that includes a closely-held asset. Evaluates ability to accept the asset and helps determine the best plan of administration. Coordinates and operates committee presentations with advisors and other committee chairs responsible for the oversight of special asset acceptance, administration or disposition reviews.
• Works with various internal partners to help support the acquisition, accurate reporting and sale of assigned closely-held assets and is often the lead for these relationships.
• Coordinates and conducts fiduciary reviews of assigned closely-held business assets, including more complex assets or relationships, held within wealth accounts and makes investment/fiduciary recommendations related to the asset for presentation at the monthly committee meeting.
• Provides compliance-based reporting for assets that have been flagged as exceptions as well as oversees, coordinates and performs compliance reviews for assets accepted.

Preferred

Skills:

Capital Management, Corporate Finance, Economic Policy, Financial Accounting, Investment Management, Management Reporting, Meeting Organization, Revenue Recognition, Trading Strategies

Competencies:

Consulting, Effective Communications, Fiduciary Responsibilities, Financial Analysis, Investment Management, Investment Operations Management, Problem Solving, Products and Services, Regulatory Environment - Financial Services, Risk & Control Self Assessment (RCSA)

Work Experience:

Roles at this level typically require a university / college degree, with 5+ years of industry-relevant experience. Specific certifications are often required. 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)

Base Salary: $91,000.00 - $. Salaries may vary based on geographic location, market data and on individual skills, experience, and education. This role is incentive eligible with the payment based upon company, business and/or individual performance.

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.

If an accommodation is required to participate in the application process, please contact us via email at  Please include 'accommodation request' in the subject line title and be sure to include your name, the job , 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  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.

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…