PNC Financial Services
Provides traditional banking and digital services
Internal Audit Intern
More locations: Birmingham, AL, USA | Raleigh, NC, USA | Pittsburgh, PA, USA
This is an in-office role.
About the job
- Working toward a Bachelor's Degree, preferably in a business-relevant major such as Finance, Accounting, Information Technology, Economics, Data Analytics, or another general business major.
- Junior status is required.
- A minimum GPA of 3.0 is required.
- Candidates must demonstrate appropriate knowledge, skills, and abilities for the role.
- The role requires accuracy and attention to detail, analytical thinking, effective communication, flexibility and adaptability, information capture, initiative, knowledge of products and services, and self-directed growth and development.
- The position is subject to Section 19 of the Federal Deposit Insurance Act and, for registered roles, the Secure and Fair Enforcement for Mortgage Licensing Act and/or Financial Industry Regulatory Authority requirements concerning certain criminal history.
- Participate in the 10-week internship program and gain exposure to a specific line of business.
- Participate in audit opportunities under the guidance and supervision of experienced audit personnel.
- Gain exposure to the audit process, issues management, and continuous monitoring.
- Test internal control systems and compliance with established audit policies and procedures.
- Assist in performing and documenting audit procedures used to appraise the soundness and adequacy of internal control systems.
- Assist in performing transaction and functional testing of books and records.
- Participate in a capstone group project focused on key initiatives or emerging risks.
- Perform or assist with core group activities by applying learned knowledge to drive business results, including deal, sales, process support, customer interaction, or internal project support.
- Participate in organizational social learning, including networking with business representatives and peers, mentoring, job shadowing, and community outreach.
- Preferred majors include Finance, Accounting, Information Technology, Economics, Data Analytics, and other general business majors.
About the company
PNC Financial Services is a large U.S. bank that provides a wide range of financial services for individuals, small businesses, and large corporations. It offers checking and savings accounts, credit cards, home and auto loans, and retirement planning, plus digital tools such as the PNC Virtual Wallet that combines checking, savings, and budgeting features. The product works by letting customers manage money through traditional banking products and digital tools: deposits and loans generate interest, while fees and investment income add to revenue. Compared with many peers, PNC differentiates itself through its integrated digital wallet platform and a long history of service, plus a strong emphasis on community involvement and corporate responsibility. The company's goal is to help clients reach their financial goals by providing expert advice, reliable service, and support for local communities, employees, and shareholders.
Company Size
10,001+
Company Stage
IPO
Headquarters
Pittsburgh, Pennsylvania
Founded
1845
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Simplify's Take
What believers are saying
- Q2 2026 net interest income rose 16%, and management raised full-year growth guidance.
- PNC opened its 50th new branch August 2026 and targets 55 openings this year.
- PNC launched Workplace Advantage September 8, 2026, expanding fee-linked employer banking relationships.
What critics are saying
- PNC cut about 777 Colorado jobs after FirstBank integration, exposing costly overlap.
- Interchange litigation settles in November 2026, keeping fee income and compliance under pressure.
- A stalled consumer digital experience or AI control failure would weaken its branch-plus-tech strategy.
What makes PNC Financial Services unique
- PNC combines national-scale branch banking with digital tools like the new mobile app.
- PNC owns proprietary AI infrastructure, models, and data centers for in-house automation.
- PNC’s FirstBank integration and coast-to-coast branch buildout deepen local market density.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Company Equity
Paid Vacation
Paid Sick Leave
Wellness Program
Professional Development Budget
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%Paylocity has entered into an amended and restated revolving credit agreement establishing a $1.75 billion senior secured facility with PNC Bank and other lenders, replacing a prior 2019 agreement. The facility matures on 17 September 2031 and had $81.25 million outstanding on the effective date. The agreement allows Paylocity to request up to $875 million in additional revolving commitments and up to two one-year maturity extensions, subject to lender approval. Proceeds may be used for working capital, capital expenditures, general corporate purposes, permitted acquisitions, investments, distributions, and share repurchases. The facility is guaranteed by material subsidiaries and secured by substantially all assets of Paylocity and the guarantors. Financial covenants require a maximum net total leverage ratio of 4.0x and a minimum interest coverage ratio of 2.0x.
As filed with the Securities and Exchange Commission on November 10, 2020.
Limbach Holdings announced on 9 September 2026 that its subsidiary, Limbach Facility Services, secured a $300 million credit facility with PNC Bank. The agreement replaces a previous $125 million revolving credit facility with Wheaton Bank & Trust Company. The new facility comprises a $200 million revolving credit facility, a $50 million term loan, and a $50 million delayed draw term loan. It matures on 9 September 2031. Limbach used proceeds from the PNC facility to repay approximately $118.1 million of principal from the terminated Wintrust Credit Agreement. The company may request additional commitments up to $150 million or 100% of consolidated EBITDA, subject to conditions. No early termination penalties or prepayment fees were incurred.
PNC Financial Services, the Pittsburgh-based diversified financial services company, has delivered an 18.4% gain over the past 52 weeks and is up 17.7% in 2026. However, the stock currently trades 5.2% below its 52-week high of $258.96 reached on 17 August. With a market capitalisation of approximately $97.9 billion, PNC has outperformed the State Street Financial Select Sector SPDR ETF's gains of 7.5% and 6.1% over the same periods. The bank's second-quarter net interest income jumped 16% year-over-year to $4.11 billion, prompting management to raise its full-year growth outlook to 15-15.5%. Average loans climbed 13% to $363.2 billion, with the company now forecasting 12.5% average loan growth for 2026.
IDEX Corporation has amended its revolving credit facility, extending the maturity date to September 3, 2031, from the previous November 1, 2027. The facility maintains its $800 million principal amount. The agreement, finalised on September 3, 2026, allows for up to $100 million in letters of credit and $50 million in same-day swingline loans. IDEX may request additional lending commitments, capped at a $400 million increase. Bank of America serves as administrative agent, with JPMorgan Chase Bank, PNC Bank, and Wells Fargo Bank as co-syndication agents. The proceeds will fund working capital and general corporate purposes, including refinancing existing debt. The agreement includes standard covenants for senior unsecured credit facilities, featuring a quarterly-tested leverage ratio and restrictions on liens and mergers. Voluntary prepayments are permitted without penalty.