Closely Held Business Advisor III - PNC Private Bank

Fairygodboss; Phoenix (AZ); On-site; USD 91,000 - 203,000; Full time

Benefits offered by this job

Health insurance

401(k) with employer match

Educational assistance

Job summary

PNC is seeking a Closely Held Business Advisor III in the Private Bank, based in a PNC office location in Phoenix. The role requires regular office or field presence to manage closely-held assets and fiduciary matters within Investment Management and Trust accounts.

Responsibilities include coordinating asset acceptance and administration, leading committee presentations, and guiding junior team members. Strong estate planning, fiduciary, and financial analysis skills are essential for success.

Qualifications

• J.D. with estate planning or business succession planning experience or fiduciary administration/estate planning experience.

Responsibilities

• Make business decisions on closely-held assets and evaluate assets for acceptance and administration.
• Coordinate committee presentations for asset acceptance and disposition reviews.
• Lead relationships with internal partners to support asset acquisition, reporting and sale.
• Perform fiduciary reviews of closely-held assets and provide investment/fiduciary recommendations.
• Provide compliance-based reporting for assets flagged as exceptions and oversee reviews.

Skills

Estate planning

Fiduciary issues

Leadership potential

Operating agreements

Private equity structures

Financial analysis

Mentoring

Undergraduate accounting/finance

LL.M or CPA/ASA/CFA/CFP/CTFA

Education

Bachelor's degree in Accounting or Finance

LL.M or professional certifications (CPA, ASA, CFA, CFP, CTFA)

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 a(n) [position title] within PNC's [name of division] organization, you will be based in [city/state location of position].

Job Profile

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 a Closely Held Business Advisor III within PNC's Private Bank organization, you will be based in a PNC office location.

Responsibilities require time in the office or in the field on a regular basis.

Preferred Qualifications

• Dynamic self-starter who can develop into a leadership role within a short period of time.
• J.D. with demonstrated experience in estate planning and/or business succession planning and a strong understanding of trust governing documents and fiduciary issues. In lieu of a J.D. degree, an individual with strong fiduciary administration, investment, and estate planning experience would be strongly considered.
• Understanding of operating agreements, partnership agreements, shareholder agreements, and other corporate documents.
• Understanding of closely held businesses and private equity structures. Other alternative asset experience a plus.
• Strong financial statement, business valuation and/or investment analysis skills.
• Strong desire and/or experience to collaborate, mentor, and coach junior team members. Prior management experience is a plus.
• Undergraduate degree in Accounting or Finance preferred.
• LL.M degree and/or one of the following certifications is a plus: CPA, ASA, CFA, CFP, CTFA.

Job Description

• 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.

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.

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)

Language Assessments

No Required or Preferred Language Assessments

Pay Transparency

Base Salary: $91,000.00 - $202,800.00

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 08/21/2026, 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.