Private Equity Associate

Position Overview

PNC Mezzanine () a private equity affiliate of PNC Financial Services Group is seeking an Associate to join our team. Since our inception in 1989 we have actively invested over $2B of debt and equity capital in over 100 middle-market platform companies across a wide range of industries. Our current portfolio of nearly 30 companies includes minority and majority position in industry leading middle-market businesses across North America.

The Associate will be based in Pittsburgh PA and will work closely with the firms other investment professionals.

Primary responsibilities include :

Support senior investment professionals in all aspects of actively managing and monitoring a private equity investment portfolio

Assist in the development execution and monitoring of company-level value-creation initiatives

Attend and / or participate in monthly and / or quarterly portfolio Board meetings including interacting directly with management teams and other private equity deal partners

Perform due diligence procedures including industry and company research across various industry sectors and geographies to support investment decisions

Assist with the preparation of internal and external investment materials and analysis.

Prepare in-depth financial models and analyses including historical and projected financial results evaluation of assumptions and risk factors.

Importantly we expect an Associates 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; (ideally 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 companys 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 will not provide sponsorship for this position

Pay Transparency Details :

Base Salary Range : $85000 $125000

Salaries for this role may vary based on geographic location market conditions and individual qualifications including skills experience and education. This position is incentive-eligible with performance-based bonuses tied to company business unit and / or individual results. Incentive opportunities can reach 100% of the base salary with typical target ranges between 25% to 100% depending on experience and performance.

PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Job Description

• Performs analytical and operational activities related to proposed deals and existing investments under the direction of senior staff professionals. Participates in the identification origination analysis closing and monitoring of investment transactions.
• Participates in the marketing effort directed toward sources of investments in support of senior staff as needed. May develop sources and perform sales calls.
• Performs in-depth analyses of prospective new investments including historical / projected financial results industry research and risk factors. Determines acceptability of potential investments in conjunction with team.
• Evaluates various opportunities for portfolio companies including evaluation of potential acquisitions analysis of various comparable companies in contemplation of public offering and determination of fair market value of companies contemplating recapitalization and other exit scenario analysis as required.
• Evaluates various existing opportunities for portfolio companies. Participates in the review of legal documentation prior to and following the transaction closing in conjunction with senior staff. Monitors compliance issues after closing. Works with internal finance staff to track portfolio performance valuation and reporting.

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

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.

Preferred Skills

Asset Allocation Capital Management Corporate Accounting Credit Risk Analysis General Ledger Administration Investments Revenue Recognition

Competencies

Business Acumen Cross-Team Integration Decision Making and Critical Thinking Effective Communications Financial Forecasting and Modeling Financial Statement Analysis Investments Managing Multiple Priorities Quantitative Techniques

Work Experience

Roles at this level typically require a university / college degree with 3 years of relevant / direct industry experience. Certifications are often 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)

Pay Transparency

Base Salary : $85000.00 $125000.00

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.

Application Window

Generally this opening is expected to be posted for two business days from 11 / 25 / 2025 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; 8 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 Your PNC Total Rewards.

Disability Accommodations Statement

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 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 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.

Required Experience :

IC

Key Skills

Automation Testing,Bid,Brand Marketing,Business Objects,Inventory Management

Employment Type : Full-Time

Experience : years

Vacancy : 1

Monthly Salary Salary : 85000 - 125000