Fund Manager - LIHTC

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.

• Creates and manages performance of complex multi‑investor and proprietary fund offerings from initial closing through term of the investment.
• Evaluates and reports upon data consistent with fund performance.
• Manages all aspects of fund closings and modifications that would affect fund metrics.
• Analyzes and reports fund‑level metrics, elevating issues that might affect the fund to the manager of fund management and recommending alternative structures as appropriate.
• Provides fund summary information and responds to investor questions.
• Performs internal and external reporting on fund performance, ad‑hoc and specific analytic tasks as requested.
• Develops and maintains the upper tier model to ensure assumptions are consistent with internal and investor requirements.
• Assists with pricing analysis.
• Evaluates requested transaction‑level modifications and exceptions to guidelines for matters affecting the funds, including but not limited to early release of equity, changes to transactional cash flow, dispositions, etc.
• Manages the process of investment fund capital and revenue through investment calls for investors and, as appropriate, calls on lines of credit as a means to manage capital.

• Capital Management
• Change Management
• Credit Assessment
• Equity Research
• Financial Analysis
• Investments
• Management Reporting
• Accuracy and Attention to Detail
• Decision Making and Critical Thinking
• Effective Communications
• Fund Management
• Fund Performance Analysis
• Investment Performance Measurement
• Investment Reporting
• Problem Solving
• Tax Regulations

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.

Bachelor’s Degree. No required certifications or licenses.

Pay Transparency: $91,000.00 – $. This role is incentive eligible with payment based upon company, business and/or individual performance.

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.

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. 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.