2027 M&A Associate - Consumer, San Francisco

PNC Financial Services Group, Inc.; San Francisco (CA); On-site; USD 170,000 - 180,000; Full time

Job summary

Harris Williams seeks to hire a first-year associate to join the Consumer group in our San Francisco office. You will work closely with analysts and senior bankers, gaining exposure to client engagements and the full lifecycle of transactions.

As part of a collaborative team, you will contribute to high-quality client materials, leverage tools like Capital IQ and FactSet, and participate in a structured training program designed to develop technical and industry knowledge in M&A and private

Qualifications

• University degree and 5+ years of relevant experience.
• Knowledge of financial statements and modeling.
• Familiarity with M&A and private capital advisory.
• Ability to work in the U.S. without sponsorship.

Responsibilities

• Engage with clients and senior bankers; support associates and analysts in delivering work.
• Drive multiple workstreams and ensure timely, accurate deliverables.
• Assist in developing client presentations and concise recommendations.

Skills

Learning agility

Communication

Data analysis

Excel

PowerPoint

Accounting

AI literacy

Education

University degree or equivalent

Tools

Capital IQ

FactSet

Job description

Position Overview

Harris Williams seeks to hire a first-year associate to join the Consumer group in our San Francisco office. Harris Williams will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Job Description

Why Harris Williams We are ambitious in our goals and steadfast in the belief that clients deserve our very best. We invest in world-class, team-oriented individuals who are smart, driven, and principled – those who are eager to be part of something bigger than themselves. When you join Harris Williams, you are welcomed into a collegial environment where every individual has the opportunity to make an impact.

Meaningful impact from the start: As an associate, you will have a high level of exposure to clients and senior bankers, who will place value in your ideas and unique perspective. Associates are responsible for driving work forward, in partnership with analysts. With an industry leading pitch win rate, you will see the full lifecycle of multiple client engagements in this role, enabling you to develop into a well-rounded, trusted advisor.

Join a leading firm in the most dynamic segment of investment banking: M&A and private capital advisory services are among the most intellectually rigorous and strategically important segments within banking. In this role, your work will directly shape the trajectory of the clients we serve.

Learn from invested leaders: 83% of our managing directors were promoted from within the firm. They build their careers here, meaning they are uniquely invested in building yours.

Collaborative work environment: Our goal is to unlock value in great businesses, and it starts by unlocking greatness in each other. We value a range of backgrounds and expertise, and we know our work is better when our teams inspire every individual to confidently contribute.

Professional development: Your professional development is our top priority. New analysts and associates convene in our Richmond headquarters for a robust training program designed to build relationships, provide baseline knowledge of M&A, and prepare you for your first client engagement. This initial program is just the beginning of an extensive, structured learning experience.

Comprehensive compensation and benefits program: Highly competitive compensation, pension, 401(k) matching, and eligibility for performance bonus amongst many other robust benefits.

What We Look For

• Learning agility – Curious and proactive in learning, applying new information, and incorporating feedback to develop quickly
• Communication – Able to articulate ideas clearly and tailor message, tone, and detail to the audience, both verbally and in writing.
• Problem solving and data analysis – Able to identify trends in complex data sets, including through tools such as Capital IQ and FactSet, and articulate the impact of those patterns.
• Excel and PowerPoint – Understanding of Excel formulas, data validation, tables, and conditional formatting, and the ability to build clear, client-ready materials in PowerPoint.
• Accounting and finance – Working understanding of how the income statement, cash flow statement, and balance sheet connect, with a willingness to deepen accounting, valuation, and financial modeling expertise over time.
• AI literacy – Comfort using and directing AI tools to improve output while retaining full ownership of quality, accuracy, and judgment.

What Makes a Harris Williams Associate

Associates who thrive at Harris Williams lead multiple workstreams while maintaining focus on quality. Our Associate profile is built around seven core competencies: Ownership – Drive work forward and own outcomes from start to finish, advancing tasks with accountability for the end result on tasks big and small. Collaboration and Relationships – Build trusted relationships across deal teams and firm colleagues, and model our One Firm culture by prioritizing the firm’s collective success. Communication – Articulate ideas clearly and confidently to every audience including in internal discussions and client and C-suite settings. Execution Excellence – Deliver accurate, high-quality, client-ready work products that reflect sound deal judgment and a high level of attention to detail. Growth Mindset – Grow continuously by seeking feedback and mentorship and deepening industry, market, and technical knowledge. Planning and Organization – Manage workstreams and deadlines to deliver consistent, on‑time execution without sacrificing quality. Strategy – Translate data and analysis into actionable insight and a clear point of view that contributes to deal strategy and client recommendations.

Other Requirements

Ability to work in the U.S. without sponsorship. This is an “on-call,” in‑office role – associates respond quickly to emails and calls, attend deal team meetings in person, and are willing to work long hours.

Process Details

We will consider candidates on a rolling basis, so please submit your application as soon as possible for consideration. This job application will close on October 2, 2026 and if it is not filled at that time, it will reopen on January 4, 2027. Please reach out directly to Sara Moir ([e-mail]), if you have questions.

Disclaimer

Harris Williams will not accept unsolicited resumes from contingency recruiters. Any such resumes received will not be considered as legitimate submissions, and Harris Williams will not pay for the placement of a candidate resulting from the receipt of an unsolicited resume. Furthermore, Harris Williams strictly forbids any contingency recruiter from representing the firm in the market without prior consent.

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 Analytical Thinking, Business Acumen, Effective Communications, Leadership, Marketing Strategy and Positioning, Market Research, Selling., Teamwork

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 Masters Certifications No Required Certification(s) Licenses No Required License(s) Language Assessments No Required or Preferred Language Assessments Pay Transparency Base Salary: $175,000.00 – $175,000.00 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.

Application Window

Generally, this opening is expected to be posted for two business days from 08/03/2026, 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; 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. To learn more about these and other programs, including benefits for full time and part‑time employees, visit pncthrive.com.

Disability Accommodations Statement

If an accommodation is required to participate in the application process, please contact us via email at [e-mail]. 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 877‑968‑7762 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.

We are a global investment bank

We are a global investment bank specializing in M&A and private capital advisory services. Clients worldwide rely on us to help unlock value in their business and turn ambitious goals into reality. We approach every engagement with boundless collaboration, pooling expertise and relationships across industries and geographies. For over 30 years, our clients have trusted us to think strategically, execute precisely, and deliver superior outcomes to help them grow. We are ambitious in our goals and steadfast in the belief that clients deserve our very best. To achieve our highest aspiration, we invest in world‑class, team‑oriented individuals who are smart, driven, and principled – those who are eager to be part of something bigger than themselves. When you join Harris Williams, you are welcomed into a collegial environment where every individual has the opportunity to make an impact in a powerful and significant way.