PNC - Pittsburgh, PA
posted about 2 months ago
Part-time - Senior
Pittsburgh, PA
Credit Intermediation and Related Activities
About the position
As a Senior Quantitative Analytics and Model Development Consultant at PNC, you will play a crucial role in the Balance Sheet Analytics & Modeling (BSAM) organization. This position focuses on implementing and maintaining complex quantitative models, particularly in the areas of credit risk and fraud detection. You will utilize advanced statistical techniques and big data engineering skills to support decision-making processes and drive growth while mitigating risks across PNC's balance sheet. The role requires collaboration with various stakeholders and a commitment to fostering an inclusive workplace culture.
Responsibilities
- Perform complex quantitative analyses and model development to support decision-making.
- Develop new model frameworks and support the line of business.
- Refine, monitor, and validate existing models.
- Conduct ongoing communication with model owners and developers during reviews.
- Work with large datasets to create models.
- Perform advanced qualitative and quantitative assessments on models, including theoretical aspects and data quality.
- Review reports and associated quantitative analysis.
- Validate existing models and assess model risks.
- Prepare and analyze documents for validation and regulatory compliance.
Requirements
- Bachelor's degree in a relevant field.
- 3+ years of experience in credit risk or fraud modeling.
- Strong working knowledge of programming, especially Python.
- Experience with relational databases and SQL.
- Knowledge of CECL and CCAR is preferred.
- Experience with big data technologies like Spark is a plus.
- Solid technical writing skills and good communication skills.
Nice-to-haves
- Advanced degree in a relevant field.
- Experience with machine learning techniques.
- Strong analytical thinking skills.
- Knowledge of operational risks and risk appetite.
Benefits
- Wellness program
- Health savings account
- Paid holidays
- Disability insurance
- Dependent care reimbursement
- Health insurance
- Dental insurance
- Flexible spending account
- Tuition reimbursement
- Paid time off
- Parental leave
- Vision insurance
- 401(k) matching
- Life insurance
- Prescription drug insurance
