Business Analytics Lead - Balance Sheet Management

PNC • Pittsburgh, PA

114d

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 a Business Analytics Consultant Sr. within PNC's Balance Sheet Management organization, you will be based in Pittsburgh, PA. This position sits within PNC's Balance Sheet Management function, providing modeling and analytics support to PNC. This position is primarily based in a PNC location. Responsibilities require time in the office on a regular basis. Some responsibilities may be performed remotely, at manager's discretion. Ideal candidate possesses a Master's or PhD from a STEM-focused curriculum. Preferred degrees include STEM designated economics programs, applied math or statistics, financial engineering, financial mathematics, or other statistically-intensive programs.

Requirements

• Bachelor's degree in a relevant field.
• 5+ years of industry-relevant experience.
• Strong analytical skills and experience with complex analytical tools.

Nice To Haves

• Master's or PhD from a STEM-focused curriculum.
• Experience with financial engineering or financial mathematics.
• Familiarity with business intelligence tools.

Responsibilities

• Deliver financial reporting performance metrics to key internal stakeholders and leadership, including Asset-Liability Management, Balance Sheet Analytics, and Finance and Accounting.
• Monitor, analyze, and report on the bank's interest rate risk in the banking book (IRRBB) and liquidity risk exposure.
• Perform in-depth reviews of methodologies, assumptions, and scenarios used by the first-line function for ALM modeling and balance sheet management.
• Leverage SQL, Excel, Power BI, Python, and/or QRM (Quantitative Risk Management) to streamline data analysis, and address modeling needs.
• Partner with Model Risk Management and other risk stakeholders in reviewing the validity and reliability of assumptions to identify opportunities for improvement.

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
• Paid maternity and/or parental leave
• Up to 11 paid holidays each year
• 8 occasional absence days each year
• 15 to 25 vacation days each year, depending on career level and years of service

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree