Portfolio Analytics & Strategy Specialist - Balance Sheet Analytics & Modeling

PNC Bank • Pittsburgh, PA

1d • $65,000 - $130,600 • 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 Specialist within PNC's Balance Sheet Analytics & Modeling Enterprise Credit Portfolio Analytics organization, you will be based in Pittsburgh or Philadelphia, PA, Cleveland, OH, Tysons, VA, Wilmington, DE or Charlotte, NC. This position is primarily based in a PNC location. Responsibilities require time in the office or in the field on a regular basis. This individual will join the Enterprise Credit Portfolio Analytics team, which is focused in building centralized credit portfolio monitoring, analysis, and performance analytics. Job Description 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. 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

• 6+ years of experience in credit portfolio management (experience across both commercial and consumer lending portfolio management desirable).
• Hands-on, detail oriented with high standards and a total ownership mindset.
• Strong programming skills in Python, PySpark, R, SAS, and/or SQL
• Critical thinking and problem-solving aptitude with the ability to apply analytical rigor to complex business problems.
• Bachelor’s degree, master’s or equivalent experience preferred, in economics, finance, engineering, statistics or other discipline(s) relevant to quantitative credit portfolio management.
• Knowledge of supervisory regulations and guidance related to credit risk management at US commercial banking organizations.
• Excellent verbal and written communication skills. Strong interpersonal skills with the ability to build relationships and influence stakeholders at all levels.
• Independent thinking skills with the ability to demonstrate strong leadership.
• 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.

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

• 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.
• Monitor ongoing positioning and performance of PNC’s overall credit portfolio encompassing level and trend of credit quality, credit risk factor positioning & risk appetite utilization, and risk-adjusted performance quality & attribution, working in close coordination with all Line of Business Data, Model & Analytics teams, and Credit Risk Management group.
• Develop, propose, and coordinate portfolio reviews and sensitivity analyses that emanate from either a heightened level of risk and concern about a particular risk factor (e.g. industry) or to better understand certain risk factor exposures with larger concentrations, elevated growth rates, material over/underweight relative to the market and/or peers, and changing macro policy backdrops.
• Elevate adhoc portfolio reviews and sensitivity analyses to enterprise review and discussion forums, as appropriate.
• Develop and support climate analytics efforts, including development and execution of heat maps, physical and transition risk scenario analysis, financed emissions, and related foundational capabilities.
• 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.
• 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.

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; 8 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 Your PNC Total Rewards .

What This Job Offers

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