Quantitative Analytics and Model Analyst Senior

PNC • Tysons, VA

66d

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 Quantitative Analytics & Model Analyst Senior within PNC's Model Risk Management organization, you will be based in Pittsburgh, PA or Tysons Corner, VA. This position is primarily based in a PNC location. As a model validator you will perform rigorous independent reviews of PNC’s models including loss forecasting models, stress testing models, scoring models, and other models estimated in various ways including machine-learning models. You will also write reports and memos and become a lead author and owner of various model reviews.

Requirements

• Experience developing models or validating applied models within the financial services industry, government, or academic setting is preferred.
• Strong English communication skills, both written and verbal, with the ability to convey complex technical concepts to diverse stakeholders.
• Hands-on experience with model testing and estimation tools in Python, R, SQL, SAS, etc.

Nice To Haves

• Analytical Thinking
• Credit Risks
• Data Analytics
• Financial Analysis
• Model Development
• Operational Risks
• Quantitative Models
• Risk Appetite

Responsibilities

• Independently performs advanced quantitative analyses and model development to drive decision-making by running quantitative strategies.
• Makes recommendations based on analyses.
• Analyzes and develops new model frameworks by supporting the line of business.
• Refines, monitors, and reviews existing models.
• Conducts on-going communication with model owners and model developers during the course of the review.
• Works with larger, more complex datasets to create models.
• Performs quantitative analysis and develops complex reports.
• Performs qualitative and quantitative assessments of all aspects of models including theoretical aspects, model design and implementation as well as data quality and integrity.
• Analyzes complex data and associated quantitative analysis.
• Makes recommendations based on findings from data analytics.
• Uses quantitative tools and techniques to measure and analyze model risks and reaches conclusions on strengths and limitations of the model.
• Prepares and analyzes detailed documents for validation and regulatory compliance, using applicable templates.

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
• 8 occasional absence days each year
• 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
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees