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About the Role

The Scenario Design team is responsible for developing and maintaining the firm’s baseline economic forecast and alternative macroeconomic scenarios used across CECL and CCAR processes. In this role, the candidate will monitor evolving economic conditions, provide timely commentary to inform the forecast process, and contribute to the ongoing development, enhancement, and monitoring of economic models. The position also plays a key part in leveraging technology—such as dashboards, automation, and analytical tools—to improve forecasting efficiency, transparency, and analytical rigor.

Responsibilities

Help maintain and enhance the firm’s baseline economic outlook and alternative scenarios used for CECL and CCAR.
Monitor economic and financial market conditions and provide written and verbal commentary to support the scenario and forecasting process.
Support economic modeling initiatives, including model performance monitoring, documentation, and model development.
Design, build, and maintain dashboards and technological solutions that streamline and strengthen the forecasting workflow.
Collaborate with internal stakeholders to ensure high-quality scenario development and delivery.

Requirements

Masters/PhD level training in Economics/Finance. PhD level training will enhance candidacy.
Strong coursework in statistics and empirical methods for economics and finance.
Technical training in programming languages will enhance candidacy.
Experience with doing independent empirical research. Publications will enhance candidacy.
Interest in financial markets.
Strong business communication skills – writing and speaking.
Must be eligible to work in the US. PNC does not provide sponsorship for work visas or for permanent residency.
PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Skills

Accuracy and Attention to Detail
Analytical Thinking
Effective Communications
Flexibility and Adaptability
Information Capture
Initiative
Products and Services
Self-Directed Growth and Development

Location

New York City

Work Type

Fully in office

Experience Level

Intern

Education Level

Masters/PhD in Economics/Finance

Salary/Compensations

$63,000.00 – $105,000.00

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
Robust wellness program with financial incentives
Maternity and/or parental leave
Up to 11 paid holidays each year
9 occasional absence days each year
Between 15 to 25 vacation days each year, depending on career level and years of service

About the Company

For nearly 160 years, PNC has strived to make a meaningful impact for our employees, customers, communities, and shareholders.
We believe our success and positive reputation are built on open and honest dialogue, an unwavering focus on smart risk management, relationship-based customer service and community investments.
Our inclusive workplace allows our employees to be heard, valued, and developed to do their best work.
Being a great place to work means we are making a lasting difference for everyone we serve.

Equal Opportunity

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.
This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.