Senior Fixed Income Credit Analyst

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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 Senior Fixed Income Credit Analyst within PNC's Asset Management organization, you will be based in Philadelphia, PA.

This position is primarily based in a PNC location. Responsibilitiesâ requireâ time in the office or in the field on a regular basis.

â Some responsibilities may be performed remotely, at manager's discretion.

As a Senior Fixed Income Credit Analyst, you are expected to be fully proficient in analyzing a broad array of corporate obligors to provide investment opinions with a primary focus on adding excess return within managed portfolios through credit selection.

Additionally, there is potential to assume coverage of some municipal obligors as part of a multi-sector portfolio composition.

The Senior Analyst role will report to the Director of Research and will have a direct impact on the management and performance of the PNC Asset Management Fixed Income portfolios.

The investment process is total-return oriented with credit as a primary driver of excess return generation.

Responsibilities :

• Specialize in a fixed set of corporate credit sectors to complement the existing credit staff coverage, with an investment grade focus
• Provide forward-looking credit opinions on credits and sectors for which the Senior Analyst is responsible and present investment ideas to the team in both formal and informal environments
• Review and document new issuance for portfolio inclusion
• Communicate to a broad range of constituents spanning from other investment professionals to direct clients and prospects

Preferred experience / skills :

• Experience in the research and analysis of corporate fixed income securities; including municipals
• Disciplined, team-based process and a commitment to work collaboratively
• Familiarity with general bond pricing concepts and application, in addition to the credit skill set
• Proven history of independent thinking and creativity
• Ability to synthesize information from non-traditional sources
• Knowledge of the Bloomberg terminal and Excel API
• Knowledge of Perform portfolio management system

Job Description

Analyzes financial viability and security attractiveness. Makes recommendations for specific security positions to portfolio managers.

Serves as a subject matter expert in specific industries and / or sectors.

Analyzes financial statements of individual securities and makes effective recommendations based on results. Designs and runs securities analysis models and generates reports to support the portfolio management effort and independently draws conclusions.

Makes recommendations on valuations of specific securities within the sector or industry.

• Reviews industries and sectors with portfolio managers on relative valuation. Directs special projects as needed.
• Communicates research and performance of industries, sectors and securities to internal business partners and external clients.
• Mentors other team members.

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.

Competencies Analytical Thinking - Knowledge of techniques and tools that promote effective analysis and the ability to determine the root cause of organizational problems and create alternative solutions that resolve the problems in the best interest of the business.

Decision Making and Critical Thinking - Understanding of the issues related to the decision-making process; ability to analyze situations fully and accurately, and reach productive decisions.

Effective Communications - Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.

Financial Analysis - Knowledge of and ability to read, interpret and draw accurate conclusions from financial and numerical material.

Financial Statement Analysis - Knowledge of tools, techniques, and practices, and ability to analyze and determine the credit-worthiness of a business enterprise through its financial statements.

Managing Multiple Priorities - Ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation.

Problem Solving - Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems;

ability to apply this knowledge appropriately to diverse situations.Quantitative Research - Knowledge of and the ability to use numerical methods to compile information about a given situation or condition.

Quantitative Techniques - Knowledge of and ability to use quantitative tools and techniques to measure and analyze risks.

Research Analysis - Knowledge of and the ability to locate, interpret and evaluate research findings compiled and documented by others and use this material to support empirical research.

Work Experience Roles at this level typically require a university / college degree. Higher level education such as a Masters degree, PhD, or certifications is desirable.

Industry relevant experience is typically 8+ years. 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

Additional Job Description

Benefits

• PNC offers employees 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; maternity and parental leave;
• paid holidays, vacation days and occasional absence time; 401(k), pension and stock purchase plans; dependent care reimbursement account;

back-up child / elder care; adoption assistance; educational assistance and a robust wellness program with financial incentives.

To learn more about these and other programs, including benefits for part-time employees, visit pncbenefits.com >

New to PNC.

Disability Accommodations Statement :

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.

California Residents

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