Quantitative Analytics & Model Development Analyst Senior - Balance Sheet Analytics & Modeling

PNC • Tysons, VA

98d • $55,000 - $157,300

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 Development Analyst Senior within PNC's Commercial Credit Analytics Team within the Balance Sheet Analytics & Modeling organization, you will be based in Pittsburgh, PA, Cleveland, OH, Tysons or Vienna, VA. This role is primarily based in a PNC location. Responsibilities require time in the office or in the field on a regular basis. Some responsibilities may be performed remotely, at manager's discretion. We are seeking a Senior Quantitative Model Development Analyst to join the Commercial Credit Analytics team at PNC. This role supports Wholesale Model Monitoring and the Commercial Data Domain within the Balance Sheet Analytics & Modeling organization. The position offers exposure to a broad range of commercial portfolios, credit risk models, and collaboration with subject matter experts. It also involves working with data management best practices to drive insights and enhance model performance.

Requirements

• Degree in a quantitative field such as Statistics, Mathematics, Economics, Finance, or Data Science.
• Experience with credit risk modeling, including PD, LGD, EAD, CECL, and CCAR frameworks.
• Proficiency in Python and SQL for data analysis, automation, and reporting.
• Familiarity with model performance monitoring, validation, and governance processes.
• Ability to collaborate effectively with cross-functional teams including underwriters, credit officers, and model developers.
• Excellent communication skills for presenting technical findings to senior leadership and governance committees.
• Experience with data management practices and commercial lending portfolios is a plus.

Nice To Haves

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

Responsibilities

• Monitor performance of Risk Rating models (PD, LGD, EAD) and CECL/CCAR loss forecasting frameworks.
• Partner with underwriters, credit officers, model owners, and developers to assess results and derive actionable model insights.
• Deliver performance updates and insights to senior leadership and governance committees.
• Contribute to Commercial Data Domain initiatives related to risk parameter management.
• Support automation and centralization efforts for model monitoring and analytics processes.
• Build and enhance analytical tools and reports using Python and SQL to meet evolving business needs.

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