Capital and Transversal Risk Team Lead

PNC • New York, NY

32d • 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.

The Capital and Transversal Risk Team Lead will establish and manage a cross-disciplinary team dedicated to strengthening Market Risk Management (MRM) execution and governance. The role provides strategic oversight of capital-related processes and ensures robust governance across regulatory and transactional activities.

The ideal candidate will be a hands-on leader with strong coordination skills, a deep understanding of CCAR, product lifecycles, and regulatory rules, and the ability to act as a central risk intermediary. This role requires a solid grasp of capital, market, credit, and liquidity frameworks; direct experience in transaction oversight and regulatory engagement; and the capacity to represent the function in key management and risk committees. The candidate will also be expected to actively participate in and contribute to all cross-disciplinary projects spanning Market Risk, ALM, Liquidity, and Capital Management.

Establishes Line of Business vision and strategy, initiatives and activities associated with building, testing, and/or validation of quantitative models used for important business decisions and policies. Oversees robust and comprehensive model review testing and quantitative analysis in accordance with all applicable review procedures and lifecycle standards.
Creates Line of Business vision and establishes strategies needed to develop new model frameworks.
Oversees the most complex qualitative and quantitative assessments of all aspects of models including theoretical aspects, model design and implementation as well as data quality and integrity. Grants Line of Business approval on the reviews of complex reports and associated quantitative analysis. Validates existing models and assesses model risks.
Evaluates identified model risks and reaches conclusions on strengths and limitations of the model. Reviews and approves the preparation and analysis of detailed documents for validation and regulatory compliance.
Directs, motivates, develops and manages the performance of the management team and key staff.
PNC 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.

Requirements

• Successful 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.
• Analytical Thinking
• Credit Risks
• Data Analytics
• Financial Analysis
• Model Development
• Operational Risks
• Quantitative Models
• Risk Appetite
• Bank Quantitative Analysis
• Consulting
• Data Gathering and Reporting
• Predictive Analytics
• Quantitative Techniques
• Regulatory Environment - Financial Services
• Testing
• Roles at this level typically require a university / college degree as well as a Masters degree, PhD, or certifications. Industry-relevant experience is typically 8+ years. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
• Bachelors
• No Required Certification(s)
• No Required License(s)

Nice To Haves

• Advanced degree in Finance, Economics, Risk Management, Law or a related field.
• Minimum of 10 years of experience in capital markets, risk management, or regulatory oversight.
• Strong understanding of CCAR, Basel standards, securitization frameworks, and capital policy governance.
• Demonstrated ability to lead cross-functional projects, build consensus, and influence senior stakeholders.
• Excellent analytical, communication, and interpersonal skills, with proven ability to operate in a fast-paced, matrixed environment.

Responsibilities

• Capital Oversight & CCAR: Lead initiatives to enhance capital adequacy processes, ensuring full alignment with CCAR and other regulatory expectations.
• Annual Review Coordination: Oversee planning and execution of annual reviews across MRM frameworks, ensuring timely delivery, consistency, and governance approval.
• Securitization Oversight: Monitor and assess securitization transactions to ensure appropriate risk transparency, modeling integrity, and regulatory compliance.
• Prudential Regulation Compliance: Maintain adherence to evolving prudential standards, internal policies, and model governance requirements.
• Governance & Policy Streamlining: Simplify governance structures, harmonize policy frameworks, and enhance clarity across 1LoD and 2LoD interactions.
• New Transaction Analysis: Review and approve new or complex transactions, ensuring alignment with risk appetite, capital implications, and regulatory standards.
• Cross-Disciplinary Collaboration: Actively contribute to transversal initiatives across Market Risk, ALM, Liquidity, and Capital Management, ensuring a cohesive and consistent enterprise risk framework.
• Committee Representation: Represent Market Risk and the broader Risk Management function at key senior committees, providing informed perspective and challenge.

Benefits

• PNC 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; 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees