Portfolio Analytics and Strategy Specialist Senior

PNC Bank•Pittsburgh, PA

3d•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 Portfolio Analytics and Strategy Specialist Senior within PNC's Enterprise Risk Management organization, you will be based in Pittsburgh, PA / Charlotte, NC / Cleveland, OH / Raleigh, NC / Houston, TX / Denver, CO / Dallas, TX or New York City. This role will primarily focus on data and automation of Market Risk analytics and reporting. It will require partnering closely with senior Market Risk executives to understand their analytics and reporting needs and then building the systems to automate these processes. This will include building databases when necessary, coding, and BI dashboard construction. To be successful at this role an understanding of financial markets and financial markets data is necessary as are technical skills such as coding and database design. Concepts around securities pricing, in particular derivates pricing, should be understood. Knowledge of an object-oriented programming language will be needed (i.e. Python, Java, C++, etc.). Basic knowledge of database design is also preferred as is familiarity with writing SQL. This job is entrepreneurial so a motived individual who works well with others and can create novel solutions is highly valued. Some experience managing projects will also be helpful as this is a role where managing more junior employees will be required. Overall, the successful candidate will have a broad set of technical skills, a good grasp of financial markets and financial concepts, and be personable and entrepreneurial. 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

Knowledge of financial markets and financial markets data is necessary.
Technical skills such as coding and database design are necessary.
Understanding of securities pricing, in particular derivatives pricing.
Knowledge of an object-oriented programming language (i.e. Python, Java, C++, etc.).
Basic knowledge of database design is preferred.
Familiarity with writing SQL.
Motivated individual who works well with others and can create novel solutions.
Some experience managing projects will also be helpful.
Managing more junior employees will be required.
Broad set of technical skills.
Good grasp of financial markets and financial concepts.
Personable and entrepreneurial.
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

Analytical Thinking
Credit Risks
Data Analytics
Financial Analysis
Model Development
Operational Risks
Quantitative Models
Risk Appetite
Analytical Approach
Banking Products
Big Data Management and Analytics
Business Analytics
Credit Risk
Mathematics of Financial Instruments
Operational Risk
Performance Measurement
Predictive Analytics
Pricing Models and Analytics
Regulatory Environment - Financial Services
Risk Management Banking

Responsibilities

Provides financial and regulatory reporting and analyses to maintain adequate controls over the financial and regulatory reporting processes.
Responsible for running complex business performance, risk and operational analytics.
May include the development of analytical methods/models to assess market, credit and/or operational risk of new and existing financial products.
Leverages business / product expertise to rigorously analyze large datasets, improve risk adjusted returns, deliver profitable growth, and communicate conclusions.
Synthesizes analytical results and develops, recommends, and implements business strategies that improve lending decisions, assist in managing risk, increase revenues, reduce exposure to losses, meet business goals, and improve performance.
Establishes baselines for strategies and tracks actual performance to expectations.
Applies predictive models, third party data, and other tools to develop and execute appropriate segmentation and targeting for acquisition and portfolio strategies to provide insight into portfolio risk.
Manages engagements with internal and external information suppliers ensuring solution is fit for purpose while maintaining appropriate governance and oversight.
Understands and communicates regulatory and financial accounting impacts on the balance sheet to regulators and PNC control functions as appropriate.
Interacts with regulators, internal audit, and management concerning credit portfolio analyses and credit risk appetite.
Works with business, credit, data, and model development partners to design, develop, and monitor test designs and analytical reporting to track and enhance strategies.
Designs / enhances standard reporting suites for regular product / portfolio reviews.
Collaborates with the line of business, Finance, and Risk partners to assess and establish credit risk appetite and to understand its implications, as well as to establish policies and procedures governing the identification, monitoring, and management of risk appetite.

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