Quantitative Analytics & Model Development Consultant Sr. - Implementation

Position Overview

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.

As a(n) position title within PNC's name of division organization, you will be based in city / state location of position .

Job Profile

Position Overview

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.

As a Quantitative Analytics & Model Consultant Sr within PNC's Balance Sheet Analytics & Modeling Group you will work from Pittsburgh, PA, Cleveland, Ohio, Washington, DC, Tyson's Corner, VA, Wilmington, DE or NYC, NY.

This position will primarily be responsible for production implementation of forecasting processes for CCAR / DFAST regulatory compliance and the new CECL accounting regulations.

Position will lead the implementation process by collaborating, communicating and connecting the systems players and pieces by understanding technology, modeling, data and accounting.

• Lead team of Technology, Modeling and Business Owners teams to develop and implement new forecasting and analytical processes
• Development and enhancement of framework for general implementation activities
• Review creation of requirements, process maps and operational manuals
• Review development and implementation of controls to support user acceptance testing and production execution.
• Effective written and verbal communication of the different steps throughout the development process and work with all levels of management to ensure project deadlines are met

Successful candidate should have the following :

• MS in a STEM or Finance related area plus 8+ years of related experience.
• Candidates should have an advanced knowledge of economics, business and analytics, and should be able to translate quantitative results into meaningful and actionable recommendations
• Significant experience working with quantitative or financial models
• Advanced knowledge of statistics, business, function and technology and how they work together.
• Strong process implementation skills and abilities
• Advanced project management skills
• Knowledge of CCAR, DFAST, CECL, PD / EAD / LGD constructs is required
• Candidate should be able to demonstrate experience working with information and drawing meaningful insights using analytical techniques, as well as the ability to present and communicate those insights to a non-technical audience
• Proficient in open source languages such as Python / R
• Change management skills
• Audit / control background

Job Description

• Independently performs the most complex quantitative analyses and models development to support decision-making by running quantitative strategies.
• Develops new model frameworks by supporting the line of business. Refines, monitors, and validates existing models. Conducts on-going communication with model owners and model developers during the course of the review.

Works with large data to create models.

Performs the most complex qualitative and quantitative assessments on all aspects of models including theoretical aspects, model design and implementation as well as data quality and integrity.

Reviews reports and associated quantitative analysis. Validates existing models and assesses model risks.

• Evaluates identified 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.

PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be :

• 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.

Competencies

Bank Quantitative Analysis Knowledge of and ability to use numerical methods to develop statistical models for devising trading strategies.

Consulting Knowledge of techniques, roles, and responsibilities in providing technical or business guidance to clients, both internal and external;

ability to apply this knowledge appropriately to diverse situations.

Data Gathering and Reporting Knowledge of and ability to utilize tools, techniques and processes for gathering and reporting data in a particular department or division of a company.

Effective Communications Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.

Predictive Analytics Knowledge of, experience with and ability to use the tools, processes and practices for predicting business trends and providing forecasts that drive business decisions and business planning.

Quantitative Techniques Knowledge of and ability to use quantitative tools and techniques to measure and analyze risks.

Regulatory Environment - Financial Services Knowledge of and ability to help an organization adapt to applicable federal, state, local, and company-specific regulations, policies, and guidelines affecting business practices.

Testing Knowledge of and ability to plan, implement and manage testing strategies, policies and practices that assure the delivery of high quality applications.

Work Experience

Roles at this level typically require a university / college degree. Higher level education such as a Masters degree, PhD, or certifications is desirable.

Industry relevant experience is typically 8+ years. Specific certifications are often required. In lieu of a degree, a comparable combination of education and experience (including military service) may be considered.

Education

Bachelors

Disability Accommodations Statement :

The PNC workplace is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the PNC Careers website or submission process, please call 877-968-7762 and select Option 4 : Recruiting or contact us via email at [email protected].

The Human Resources Service Center hours of operation are Monday - Friday 9 : 00 AM to 5 : 00 PM ET.

Equal Employment Opportunity (EEO) :

PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.

California Residents

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