Investment Manager/Portfolio Research Specialist - Operational Due Diligence

PNC - Philadelphia, PA

Part-time - Mid Level

Philadelphia, PA

Credit Intermediation and Related Activities

About the position

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 Specialist - Operational Due Diligence within PNC's Asset Management Group Investment Office organization, you will be based in Philadelphia, PA. The position is primarily based in a PNC location. Responsibilities require time in the office or in the field on a regular basis. Some responsibilities may be performed remotely, at the manager's discretion. This position will focus on investment manager operational research and product management as well as working closely with other members of the Investment Advisor Research group. In this role, you will develop and direct analysis, due diligence research, monitoring and analytical activities for a variety of complex investment portfolio disciplines. You will serve as a subject matter resource for your assigned area of responsibility, developing, establishing, and maintaining a high-quality due diligence and/or portfolio analysis process. You will be responsible for the monitoring and selection of managers within the assigned coverage area for the platform and/or portfolios, adhering to and assisting in developing internal processes. Additionally, you will provide direction to team members to ensure appropriate investment managers are reviewed, selected for the platform and/or portfolios, and monitored. Coaching and providing guidance for team members will be a key part of your responsibilities, ensuring ongoing internal client support with regard to managers and/or portfolios in your assigned coverage area. You will also produce written documents outlining investment managers' organizational structure as well as their investment process, authoring final reports that are presented to Investment Advisor Research, and updating manager profiles while being responsible for quarterly reporting.

Responsibilities

• Develop and direct analysis, due diligence research, monitoring and analytical activities for complex investment portfolio disciplines.
• Serve as subject matter resource for assigned area of responsibility.
• Develop, establish and maintain a high quality due diligence and/or portfolio analysis process.
• Monitor and select managers within the assigned coverage area for the platform and/or portfolios.
• Adhere to and assist in developing internal processes.
• Provide direction to team members to ensure appropriate investment managers are reviewed, selected for the platform and/or portfolios and monitored.
• Coach and provide guidance for team members.
• Ensure ongoing internal client support with regard to managers and/or portfolios in assigned coverage area.
• Produce written documents outlining investment managers' organizational structure and investment process.
• Author final reports presented to Investment Advisor Research.
• Update manager profiles and be responsible for quarterly reporting.

Requirements

• 5+ years of industry-relevant experience in investment firm operational research, prime brokerage experience, trade execution/operations, investment accounting, or investment products audit.
• Understanding of financial markets and operational aspects of investment companies.
• Strong communication and interpersonal skills, and attention to detail.
• Experience with alternative investments is a plus.
• CPA, CFA, CAIA designation is a plus.

Nice-to-haves

• Analytical Thinking
• Asset Management
• Capital Management
• Due Diligence
• Financial Management
• General Ledger (GL)
• Process Control
• Revenue Recognition

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
• Robust wellness program with financial incentives
• Maternity and/or parental leave
• Up to 11 paid holidays each year
• 8 occasional absence days each year
• Between 15 to 25 vacation days each year, depending on career level and years of service.