Investment Manager - Product Research Associate III - PNC Wealth Management

Job description

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. As an Investment Manager - Product Research Associate III within PNC Wealth Management, you will be based in Pittsburgh, PA at the Tower at PNC Plaza or Cleveland, OH at the 1900 E. 9th Street location. This in office position may also be located in a PNC Hub location but may not be available in all geographic locations. 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 • Investment Manager / Fund Research – Perform manager research, due diligence, and ongoing monitoring across investment vehicles including (but not limited to) mutual funds, exchange-traded funds (ETFs), separately managed accounts (SMAs), and third-party multi-asset solutions for the PNC Wealth Management (PNCWM) approved list. Source new ideas using industry tools (e.g., Morningstar Direct) and other resources to identify strategies that meet high standards for performance, risk management, process, and operational quality. Conduct manager interviews, document findings, develop recommendations, and present to the firm’s investment committee. • Portfolio Construction & Advisory Model Management – Support the management and maintenance of the firm’s wrap program model overlays. Responsibilities include evaluating capital market assumptions, selecting default strategies/funds, monitoring performance and risk, performing performance attribution, setting strategic asset allocations, and recommending tactical adjustments based on the firm’s market views. Assist with model implementation and trading coordination, and help design new model portfolios to meet a range of client objectives, constraints, and risk profiles. • Thought Leadership & Communication – Create and deliver timely investment perspectives and market commentary for financial advisors and, when appropriate, clients. Demonstrate strong writing skills (research notes, presentations, and committee materials) and clear verbal communication when presenting to internal stakeholders. • Team Strategy & Market Awareness – Continuously monitor the investment landscape for emerging trends, new products, and competitive developments. Help ensure the PNCWM platform remains high quality, differentiated, and aligned to client needs. • Cross-Functional Collaboration – Partner effectively across risk, legal, compliance, supervision, marketing, sales leadership, operations, and investment committees. Use a collegial, diplomatic approach to build consensus and execute research and platform initiatives with appropriate governance and controls. • Quantitative Analysis & Reporting – Build and maintain performance, risk, and exposure reporting (e.g., factor/sector/region/style, fees, drawdowns) to support product decisions, portfolio positioning, and advisor conversations. • Data & Tools – Use investment databases and analytics platforms (e.g., Morningstar Direct) and Microsoft Excel/PowerPoint to collect data, perform analysis, and produce clear, decision-ready materials. • Governance, Documentation & Controls – Maintain thorough research files and documentation supporting recommendations, monitoring decisions, and model changes. Ensure processes align with applicable policies, compliance requirements, and risk oversight. • Project & Stakeholder Management – Manage multiple research and platform initiatives concurrently, prioritize effectively, and communicate progress, timelines, and implications to stakeholders. • Experience – 3–5 years of relevant experience in investment research, manager due diligence, portfolio analytics, or a related role. • Licensing – FINRA Series 7 and SIE (or ability to obtain required licenses within the first six months of employment, per firm policy). • Preferred Credentials – CFA charterholder (or candidate) and/or CFP certification preferred. • 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 Accuracy and Attention to Detail, Analytical Thinking, Business Data Analysis, Decision Making and Critical Thinking, Effective Communications, Industry Knowledge, Influencing, Managing Multiple Priorities, Problem Solving, Regulatory Environment - Financial Services 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 FINRA Series 7 and 63 required. In addition, a