Quantitative Analytics and Model Analyst Senior
About The Position
We are seeking an experienced model validator to be part of our Model Risk Management team at PNC. The position reports to a validation manager in Commercial Credit and Financial Valuation Models and is part of the Independent Risk Management organization. This role involves performing rigorous independent reviews on some of PNC’s most important models including Commercial & Industrial, Commercial Real Estate and retail commercial loss forecasting models, risk rating models, as well as financial valuation and investment models. This role also participates at and provide individual and aggregate model risk assessment in various model working groups and forums. 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.
Requirements
- University / college degree, with 3+ years of relevant / direct industry experience.
- 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
- Analytical Thinking
- Credit Risks
- Data Analytics
- Financial Analysis
- Model Development
- Operational Risks
- Quantitative Models
- Risk Appetite
- Bank Quantitative Analysis
- Consulting
- Data Gathering and Reporting
- Effective Communications
- Predictive Analytics
- Quantitative Techniques
- Regulatory Environment - Financial Services
- Testing
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
- 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
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What This Job Offers
Job Type
Full-time
Career Level
Senior
