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PNC - Pittsburgh, PA
posted 3 months ago
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 related to credit risk and fraud, utilizing advanced statistical techniques and programming skills. You will collaborate with various business lines to support model execution and drive growth while mitigating risks across PNC's balance sheet.
Responsibilities
- Perform complex quantitative analyses and model development to support decision-making.
- Develop new model frameworks and refine, monitor, and validate existing models.
- Conduct ongoing communication with model owners and developers during reviews.
- Work with large datasets to create and validate models.
- Perform advanced qualitative and quantitative assessments on models, including theoretical aspects and data quality.
- Prepare and analyze detailed documents for validation and regulatory compliance.
Requirements
- Advanced degree plus three or more years' experience in credit risk or fraud modeling.
- Strong working knowledge of programming, especially using Python.
- Knowledge of CECL and CCAR is strongly preferred.
- Experience with relational databases, SQL, Python, and Spark is preferred.
- Experience or knowledge in Machine Learning is a plus.
- Solid technical writing skills are a plus.
- Strong communication skills and ability to work as a team player.
Nice-to-haves
- Analytical Thinking
- Credit Risks
- Data Analytics
- Financial Analysis
- Model Development
- Operational Risks
- Quantitative Models
- Risk Appetite
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
- Robust wellness program with financial incentives
- Maternity and/or parental leave
- Up to 11 paid holidays each year
- 8 occasional absence days each year
- 15 to 25 vacation days each year depending on career level and years of service
