LOB Risk Lead (Cyber Risk Quantification)

PNC • Strongsville, OH

3d • $65,000 - $157,300 • 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 a LOB Risk Lead within PNC's Enterprise Technology Risk organization, you will be based in Dallas, TX, Pittsburgh, PA, Strongsville, OH, Birmingham, AL or Phoenix, AZ. Position Overview: As a LOB Risk Lead in the Enterprise Technology Risk organization, you will lead the development, application, and continuous enhancement of quantitative cyber and technology risk practices in support of (1LOD) activities. You will apply risk principles and industry frameworks to ensure consistent, explainable, and defensible risk decisions across the enterprise, balancing protection, resiliency, and business strategy. This role is hands-on analytical and engineering-oriented: you will build and validate quantification models, calibrate scenarios, produce loss exceedance curves, and translate uncertainty into actionable decisions for senior leadership and risk committees.

Requirements

• Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role.
• Roles at this level typically require a university / college degree, with 5+ years of industry-relevant experience.
• Specific certifications are often required.
• In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

Nice To Haves

• Change Management
• Conflict Management
• Crisis Management
• Critical Incident Stress Management (CISM)
• Emerging Risks
• Influencing Change
• Operations Management
• Risk Management Programs
• Strategic Planning
• 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.
• Collaborating
• Data Gathering and Reporting
• Decision Making and Critical Thinking
• Effective Communications
• Industry Knowledge
• Internal Controls
• Operational Risk
• Organizational Governance
• Process Management
• Regulatory Environment - Financial Services
• Standard Operating Procedures

Responsibilities

• Lead enterprise cyber risk quantification using FAIR, Monte Carlo simulation, calibrated estimation, and complementary statistical methods.
• Define risk analysis scope, assumptions, and ranges; build and maintain reusable quantification models for major threat scenarios.
• Produce loss exceedance curves, VaR/expected loss metrics, scenario rankings, and sensitivity analyses to inform risk appetite, tolerances, and prioritization.
• Conduct independent 2LOD challenge of 1LOD scenarios, control efficacy claims, KRIs/KPIs, tools, and quantification approaches for transparency and model risk fitness.
• Integrate internal/external loss data, threat intel, control telemetry, vulnerability data, and insurance information with clear lineage and defensible methodology.
• Maintain model inventories, documentation, testing, and validation artifacts to meet audit and regulatory expectations.
• Work closely with the vendor to calibrate, enhance, update, and manage the model.
• Deliver executive ready reporting for committees covering top cyber risks, trending, LEC changes, capital/stress impacts, and appetite/tolerance considerations.
• Ensure alignment of cyber/tech risk quantification with policy, regulatory standards, operational risk, resiliency, and scenario analysis programs.
• Facilitate cross functional workshops with engineering, threat intel, IR, privacy, legal, compliance, audit, and operations to calibrate scenarios and drive shared understanding.
• Mentor analysts and uplift 1LOD quant capabilities while preserving 2LOD independence; coordinate team communications and contribute to internal thought leadership.
• Establishes Line of Business risk management strategy and oversees the execution of the risk management programs.
• Serves as an advocate for the risk management program.
• Ensures the risk management strategies and programs are established, maintained and enhanced to support the businesses in managing their risks while meeting business and regulatory expectations.
• Oversees the timely and proper execution of the risk management program within and/or across the lines of business. Includes consultation to execute the program components.
• Provides risk expertise while working with the businesses and other risk partners (e.g., Compliance, Credit, Legal, Audit).
• Monitors changes in internal and external factors and identifies emerging risks.
• Leads and engages cross functional teams and develops internal capabilities.

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.
• To learn more about these and other programs, including benefits for full time and part-time employees, visit pncthrive.com.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level