ALM Associate - Liquidity & Capital Planning

PNC Bank•Pittsburgh, PA

9d•Onsite

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 ALM Associate - Liquidity & Capital Planning within PNC's Asset Liability Management organization, you can be based in NYC or Pittsburgh, PA. In this role you will be a member of Corporate Treasury’s Profitability & Risk Adjusted Return Team. This team partners with executive management, line of business leadership, risk, and finance to promote effective balance sheet usage across our lending businesses through the assessment of customer relationship value, profitability, and risk-adjusted return. Your work will contribute to Corporate Treasury’s efforts in optimizing PNC’s capital and returns on a risk-adjusted basis for all balance sheet and revenue opportunities. PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals. PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Requirements

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role.
Bachelors degree
2+ years of relevant professional experience. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
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.

Nice To Haves

Quantitatively focused undergraduate/graduate degree is preferred (Finance, Economics, Accounting, Mathematics, Computer Science)
Operating knowledge of bank financial statements and/or credit risk preferred
Prior experience with financial/data analysis and managing complex projects
MBA, CPA, CFA (or progress towards completion) a plus
Asset Allocation
Auditing Operations
Business Case Analyses
Capital Management
Data Analytics
Financial Analysis
Market Research
Strategic Planning
Accuracy and Attention to Detail
Asset and Liability Management (ALM)
Data Gathering and Reporting
Effective Communications
Financial Analysis
Financial Forecasting and Modeling
Financial Services Industry
Liquidity Management
Market Risk
Regulatory Environment - Financial Services

Responsibilities

Using independent judgment and discretion, performs financial analysis, conducts research and prepares reports.
Performs due diligence and statistical analysis related to liquidity and capital planning management.
Participates in stress testing efforts.
Independently conducts peer research in relation to liquidity and capital planning.
Manages and performs defined procedures, analysis and report preparation.
Performs data aggregation and quality assurance to ensure timely and accurate management reporting.
Performs routine transactions as part of the group's liquidity and capital management responsibilities.
Prepares and aggregates data for forecasting activities based on business and regulatory requirements.
Collaborates with internal partners on topics related to liquidity and capital planning.
Assists with the development of executive or board-level presentations.

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
a robust wellness program with financial incentives
maternity and/or parental leave
up to 11 paid holidays each year
9 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.