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PNC

Private Equity Associate

PNC, Cleveland, Ohio, us, 44101

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Overview

PNC Erieview Capital (www.pncerieview.com), a leading private equity investor of junior capital in middle-market businesses in the United States, is seeking an Associate to join our team. PNC will not provide sponsorship for this position. Since our inception in 1979, we have actively invested junior capital in nearly 300 middle-market platform companies alongside more than 70 private equity sponsors across a wide range of industries. We are currently investing out of a $750 million commitment and managing existing mezzanine and minority equity investments in approximately 50 portfolio companies. Responsibilities

The Associate will be based in Cleveland, Ohio and will work closely with the firm's other investment professionals to source, underwrite, close, and monitor junior capital investments in middle-market companies. Primary responsibilities include: Screen potential private equity investment opportunities across various industry sectors and geographies. Perform due diligence procedures, including industry and company research on prospective investments. Prepare in-depth financial models and analyses of prospective investments, including historical and projected financial results, evaluation of assumptions and risk factors. Assist with the preparation of screening and investment committee materials. Support senior investment professionals in the negotiation and development of legal documentation for prospective investments. Monitor the post-acquisition financial and operating performance of investments. Qualifications / Preferred Qualifications

Undergraduate degree in Finance, Business, Economics or Accounting Minimum of two to three years of relevant work experience; (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 company’s 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. Pay Transparency Details

Base Salary Range: $85,000 – $140,000 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. Values and Requirements

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

Education: Bachelors Certifications: No Required Certification(s) Licenses: No Required License(s) Work Experience: 3+ years of relevant / direct industry experience; certifications often desired. Application Window

Generally, this opening is expected to be posted for two business days from 09/24/2025, 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. Disabilities & Accessibility

Disability Accommodations Statement: If an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com. Equal Employment Opportunity (EEO) statement and California Residents notice included per original content. For full details, see the source. 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. 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.

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