Investment Manager/Portfolio Research Associate III

PNC Wealth Management LLC; United States; On-site; USD 90,000 - 140,000; Full time

Benefits offered by this job

Health coverage

Dental and vision

Life insurance

Disability protection

401(k) with match

Pension and stock purchase plans

Dependent care reimbursement

Educational assistance

Wellness program

Paid holidays

Job summary

PNC is seeking a Senior Investment Research Analyst in Pittsburgh, PA to support advisory portfolios and investment solutions. The role requires deep experience in investment research, due diligence, asset allocation, and CMAs, with communication to advisors and governance committees.

You will work across platforms like Envestnet and eMoney, evaluate managers, and contribute to performance analysis and investment recommendations to drive client outcomes.

Qualifications

• Requires university degree and 3+ years of relevant investment experience.
• Experience with mutual funds, ETFs, SMAs, and private market alternatives is preferred.
• Certifications are often desired but not required.

Responsibilities

• Conduct investment research and due diligence on funds, SMAs, and third-party managers.
• Develop and manage advisory model portfolios and asset allocations.
• Monitor performance and provide attribution analysis and recommendations.
• Evaluate CMAs, allocations, and risk frameworks.
• Present findings to investment committees and leadership.
• Support implementation across advisory platforms (Envestnet, eMoney).
• Prepare advisor- and client-facing commentary and market insights.

Skills

Investment research

Portfolio management

Asset allocation

Due diligence

Mutual funds

ETFs

SMAs

Private markets

CMAs

Communication skills

Education

Bachelor's degree

Tools

Envestnet

eMoney

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/Portfolio Research Associate III within PNC's Wealth Management Research & Due Diligence organization, you will be based in Pittsburgh, PA. The PNC Wealth Management Research & Due Diligence team is seeking a Senior Investment Research Analyst to support the development, management, and oversight of advisory portfolios and investment solutions. The ideal candidate will have solid experience in investment research, portfolio management, asset allocation, investment due diligence, mutual funds, ETFs, Separately Managed Accounts (SMAs), and private market alternatives. This individual will help manage multi-asset portfolios, conduct manager due diligence, develop capital market assumptions (CMAs), provide investment recommendations, and communicate investment strategy to advisors, clients, and governance committees.

Key Responsibilities

• Conduct investment research and due diligence on mutual funds, ETFs, SMAs, private market alternatives, and third-party investment managers.
• Assist in the development, implementation, and ongoing management of advisory model portfolios and asset allocation strategies.
• Monitor portfolio performance and provide performance attribution analysis and investment recommendations.
• Evaluate and maintain capital market assumptions (CMAs), portfolio allocations, and risk frameworks.
• Present investment recommendations and research findings to investment committees and senior leadership.
• Support portfolio implementation and maintenance across platforms such as Envestnet, eMoney, and other advisory systems.
• Create and deliver advisor- and client-facing investment commentary, presentations, and market insights.
• Monitor industry trends, competitive offerings, and emerging investment opportunities to enhance the firm's investment platform.

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.

Job Description

• Performs analysis, due diligence research, monitoring and analytical activities for a variety of investment portfolio disciplines.
• Participates in manager interviews.
• Actively incorporates due diligence processes and/or portfolio analyses into daily activities.
• Gathers information and independently generates reports.
• Ensures that appropriate investment managers are reviewed, selected for the platform and/or portfolios and monitored.
• Uses applicable systems to gather information and produce reports.
• Introduces new investment managers onto the platform and/or into portfolios by providing a robust analysis surrounding the fit of a sector or manager within an overall asset allocation framework.
• Researches and compiles information for final reports.
• May join specialists in authoring and presenting final reports.

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

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. 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: No Required License(s)
Language Assessments: No Required or Preferred Language Assessments

Benefits

• 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

• 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
• 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.

For nearly 160 years, PNC has strived to make a meaningful impact for our employees, customers, communities, and shareholders. We believe our success and positive reputation are built on open and honest dialogue, an unwavering focus on smart risk management, relationship-based customer service and community investments. Our inclusive workplace allows our employees to be heard, valued, and developed to do their best work. Being a great place to work means we are making a lasting difference for everyone we serve. Check out the top reasons to join PNC. PNC’s total rewards package includes things like time off, benefits, learning and career development, wellness programs, recognition and much more. The benefits and programs highlighted below are just a sampling of what PNC offers its employees. To learn more, visit our Total Rewards page.