Portfolio Analytics & Strategy Analyst - Retail Banking

PNC•Pittsburgh, PA

20h•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 & Strategy Analyst within PNC's Retail Banking organization, you will be based in Pittsburgh, PA. This position 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. 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.

Requirements

University / college degree, with 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.
Proficiency in Excel
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

Foundational experience with Python or PySpark is a plus
Strong ability to break down complex business problems into logical components, bridging strategy with execution
Demonstrated willingness to learn and quickly gain proficiency in new tools, technologies, business concepts, and project areas
Proactive approach to problem-solving with a desire to create, improve, and lead new initiatives rather than focus solely on routine tasks
A self-starter with strong analytical and problem-solving skills
Someone comfortable navigating ambiguity and evolving priorities
A collaborative team player with strong communication skills
An individual passionate about continuous learning and professional growth
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

Translate high-level strategic objectives into structured, actionable components and execution plans
Analyze business problems by integrating both technical elements (data, tools, models) and business considerations (frameworks, stakeholders, risks, and business cases)
Partner with cross-functional teams to understand business needs and deliver impactful solutions
Continuously adapt to new projects, concepts, and technologies while maintaining a strong understanding of business objectives
Identify opportunities for innovation and take initiative to develop new approaches, processes, or solutions
Support data-driven decision-making through analysis, modeling, and reporting
Run complex business performance, risk and operational analytics
Develop analytical methods/models to assess market, credit and/or operational risk of new and existing financial products
Rigorously analyze large datasets, improve risk adjusted returns, deliver profitable growth, and communicate conclusions
Develop, recommend, and implement business strategies that improve lending decisions, assist in managing risk, increase revenues, reduce exposure to losses, meet business goals, and improve performance
Establish baselines for strategies and track actual performance to expectations
Apply 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
Manage engagements with internal and external information suppliers ensuring solution is fit for purpose while maintaining appropriate governance and oversight
Design, develop, and monitor test designs and analytical reporting to track and enhance strategies
Design / enhance standard reporting suites for regular product / portfolio reviews
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