Quantitative Analytics & Model Development Analyst Sr
About The Position
The Credit Loss Projection Analytics and Reporting team within Corporate Treasury is seeking a Senior Analyst to analyze, interpret, and communicate credit loss projections. The role will work with statistical models and related data, assess projection results and drivers, produce clear reporting, and support the software used for analytics and reporting. 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. At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.
Requirements
- Bachelor’s degree in an analytical discipline or equivalent relevant experience.
- Strong data analytics, problem-solving, and communication skills, with the ability to interpret complex results and translate them into clear insights.
- Proficiency in Python and SQL.
- Familiarity with statistical models and working with large datasets.
- 3+ years of relevant / direct industry experience.
- 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.
Nice To Haves
- Experience in banking, financial services, credit risk, credit loss forecasting, or regulatory reporting.
- 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
- Analyze credit loss model inputs, assumptions, processes, and outputs.
- Summarize and explain analytical findings for technical, business, and senior-management audiences.
- Maintain and enhance software supporting analytics and reporting, including automation, testing, controls, and documentation.
- Perform advanced quantitative analyses and model development to drive decision-making by running quantitative strategies.
- Make recommendations based on analyses.
- Analyze and develop new model frameworks by supporting the line of business.
- Refine, monitor, and review existing models.
- Conduct on-going communication with model owners and model developers during the course of the review.
- Work with larger, more complex datasets to create models.
- Perform quantitative analysis and develop complex reports.
- Perform qualitative and quantitative assessments of all aspects of models including theoretical aspects, model design and implementation as well as data quality and integrity.
- Analyze complex data and associated quantitative analysis.
- Make recommendations based on findings from data analytics.
- Use quantitative tools and techniques to measure and analyze model risks and reach conclusions on strengths and limitations of the model.
- Prepare and analyze 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
