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The PNC Financial Services Group

Financial Analytics Manager, Tax Credit

The PNC Financial Services Group, Chicago, IL, United States


Position OverviewAt 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 Financial Analytics Manager within PNC's Commercial Real Estate Tax Credit organization, you will be based in PIttsburgh, Portland, Louisville, Boston, Cleveland or Chicago. Other locations within PNC"s footprint will be considered.Job DescriptionManages the fund modeling, forecasting and budgeting functions and understands the tax ramifications of the various tax credit structures.Supervises the forecast modeling of both lower tier equity and debt as well as upper tier modeling including benefit schedules for quarterly investor reporting.   Also manages processes, procedures, quality control, and related analytical functions for the LOB.Oversees fund management functions and all processes related to the group including analytical, forecasting and technical modeling functions. Establishes best practices and administrative protocols.Supports and collaborates with other departments within the LOB throughout the life cycle of the transaction. This includes working with the finance team to review tax returns, updating models for the asset management team as needed, and advising the investor sales team on most beneficial fund structures.Motivates and develops staff which includes, acquiring top talent and managing  performance based issues. Effectively plans, organizes, directs, analyzes and evaluates staff and processes. Connects strategy to day-to-day activities and updates the team on a  regular basisPNC 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.PNC also has fundamental expectations of our people managers. As a manager of talent in PNC, you will be expected to:Include Intentionally - Cultivates diverse teams and inclusive workplaces to expand thinking.Live the Values - Role models our values with transparency and courage.Enable Change - Takes action to drive change and innovation that will transform our business.Achieve Results - Takes personal ownership to deliver results. Empowers and trusts others in decision making.Develop the Best - Raises the bar with every talent decision and guides the achievement of all employees and customers.QualificationsSuccessful 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 SkillsAsset Management, Decision Making, Financial Accounting, Financial Management, General Ledger (GL), Investment Management, Revenue RecognitionCompetenciesBusiness Analytics, Decision Making and Critical Thinking, Effective Communications, Fund Management, Investment Performance Measurement, Problem Solving, Process Management, Tax RegulationsWork ExperienceRoles 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. At least 5 years of prior management experience is typically required. Proven leadership experience with a moderate to large scope of responsibility is required. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.EducationBachelors (Required)CertificationsNo Required Certification(s)LicensesNo Required License(s)Pay TransparencyBase Salary: $100,000.00 – $266,500.00Salaries 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 WindowGenerally, this opening is expected to be posted for two business days from 07/10/2024, although it may be longer with business discretion.BenefitsPNC 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 pncbenefits.com > New to PNC.*For more information, please click on the following links:Time Away from WorkPNC Full-Time Benefits SummaryPNC Part-Time Benefits SummaryDisability Accommodations StatementIf an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com. 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.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.SummaryLocation: PA - Pittsburgh (15222); Boston - 2 International Place (MA066); Franklin Building - Chicago (IL016); PNC Tower - Louisville (KY012); PNC Center - Cleveland (OH001); PNC MF - Portland (OR027)Type: Full time