PNC Corporate Banking Second Round
I am just wondering if anybody has been through their second round and what was the experience like?
Thanks
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Hey,
well from the first round, I asked the interviewer about this and she said something to the effect: as of right now applicants are not divisional-divided, so on superday you met with a variety of people from the divisions and interview around.
I thought we were suppose to hear this week, so I am assuming you heard back?
Yea I actually heard back the day after my first round interview. They are really quick with their responses.
I interviewed at PNC SA 2-3 years ago. It was divided division to division at that time, I don't know why they would change it. Not very technical at all. Most popular questions: Why your line of business? Why PNC?
I had 2nd round, i.e. Super Day's with them in the fall for the same position. They flew me out to Cleveland, and interviewed us in the National City HQ (depending on your school's location, this will be different).
They put everyone up in a hotel, the night before we had dinner together with a bunch of the interviewers, and PNC execs. It is an opportunity to get to know both the other candidates, ask good questions, and meet your interviewers. The next morning, you are assigned to a young guy/gal who escorts you around to the different interviews. You meet with 15-20 different people for 30 mins each. They are all (except, in my case, capital markets and public finance) fit questions. At the end of the day, you need to rank your preferred location and rank the different segments (public finance, corporate banking, real estate, commercial banking, capital markets, derivatives, etc.)
It is pretty fast paced, but nothing overwhelming. Just be prepared with good, specific questions to ask each person. The range of questions were things from the typical 'tell me about yourself' to parts of a DCF model, difference between a bank vs. a manufacturing company balance sheet, and some more unique, creative questions.
They told us they would let us know in two weeks. They do a great job of saying they want to make quick decisions, stay in contact and all that, but I actually never heard anything back...good luck.
The way I remember it working is you spend the whole day meeting with a number of representatives from different groups. You would then rank the one's that you are most interested and they would rank you. I found it to be not too bad at all, but it did take up most of the day so by the end you are pretty worn out.
I had same experience as GoldenEagle except mine was in Philly. No technicals at all actually. Just make sure you understand the culture and take advantage of the social events (going to bar with them after the dinner) to get to know them.
Is this full-time or summer?
Thank you for all the responses This is for SA, I will be interviewing in their Chicago office and I will be interviewing with all their divisions.
PNC is hiring for mezzanine/pe roles in pittsburgh right now, much better role...
PNC does not hire undergrads for their mezzanine or P/E roles. While the shops are located at their headquarters, they recruit independently of the Corporate and Institutional Bank.
EDIT: PM me for details on PNC
Sorry if this is a bit off-topic, but I have a first round phone interview tomorrow for SA, can anyone here tell me what kind of questions they ask? Thanks.
Well my first round was not on the phone but it was mostly your typical behavioral questions.
First round is like a half hour, basic behavioral interview. I got Superday notification about 20 hours after my first round. Some people heard a few days later though...
Superday is pretty much exactly how everyone has just described it. FT is 10-14 interviews starting at like 730-8am. Each interview is 1 on 1, 25 minutes long.... a few breaks, including lunch.
for SA, there are MANY more candidates, therefore the interviews are shorter, and there are less. Furthermore, its 2-on-1 interviews, which can make it difficult to really figure out what business line interests you most, as you'll be interviewing with 2 PNC execs from 2 different business lines.
Your Peer host should convey this to you, but regardless, make sure you rank all business lines and locations in the end. If you only rank 2 or 3 divisions, or locations, your chances at an offer are less likely.
SA Superday - I had a phone interview with PNC about a 4-5 weeks ago and out of the blue I heard back last Thursday inviting me to their second round in Pittsburgh this Tuesday. I've been told that they are interviewing around 60 candidates but I'm not sure how many spots they're hiring for. Does anyone have any advice on what I should do to be adequately prepared for the interviews. I've also heard that besides the Capital Markets Line of Business that most are the interview questions are fit and behavioral. Any input would be great. Thanks.
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