About the Role
PNC values its people as a key differentiator, fostering an inclusive culture focused on customer experience. This role, a Quantitative Analytics & Model Group Manager within Market Risk, is based in New York City. PNC operates as an in-office company. Employment visa sponsorship or STEM OPT participation is not provided for this position.
Responsibilities
- Direct strategies and initiatives for developing, testing, and validating quantitative models.
- Ensure robust model review testing and analysis adheres to procedures and lifecycle standards.
- Establish strategies and direct activities for developing new model frameworks.
- Direct complex qualitative and quantitative assessments of model aspects, design, implementation, data quality, and integrity.
- Confirm reviews of complex reports and quantitative analysis.
- Validate existing models and assess model risks.
- Lead evaluation of identified model risks and conclude on model strengths and limitations.
- Ensure preparation and analysis of detailed documents for validation and regulatory compliance.
- Direct, motivate, develop, and manage the performance of the management team and key staff.
- Cultivate diverse teams and inclusive workplaces.
- Role model company values with transparency and courage.
- Drive change and innovation to transform the business.
- Take ownership to deliver results, empowering others in decision-making.
- Guide employee and customer achievement through talent development.
Requirements
- University/college degree.
- 8+ years of industry-relevant experience.
- 5+ years of prior management experience.
- Proven leadership experience with moderate to large scope of responsibility.
- Comparable combination of education, job-specific certification(s), and experience (including military service) may be considered in lieu of a degree.
Skills
- Analytical Thinking
- Credit Risks
- Data Analytics
- Financial Analysis
- Model Development
- Operational Risks
- Quantitative Models
- Risk Appetite
- Bank Quantitative Analysis
- Consulting
- Data Gathering and Reporting
- Predictive Analytics
- Quantitative Techniques
- Regulatory Environment - Financial Services
- Testing
Location
- New York City
- In-office
Work Type
- In-office
Experience Level
- 8+ years of industry-relevant experience
- 5+ years of prior management experience
- Proven leadership experience with moderate to large scope of responsibility
Education Level
- University/college degree
- Bachelor's degree
- Master's degree (desirable)
- PhD (desirable)
- Certifications (desirable)
Salary/Compensations
- Base Salary: $175,560.00 – $326,040.00
- Incentive eligible based on company, business, and/or individual performance.
Benefits
- Medical/prescription drug coverage (with Health Savings Account)
- 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 fully paid programs)
- Robust wellness program with financial incentives
- Maternity and/or parental leave
- Up to 11 paid holidays each year
- 9 occasional absence days each year
- 15 to 25 vacation days each year (depending on career level and years of service)
About the Company
- PNC values its people as a differentiator, united in delivering the best customer experience.
- Fosters an inclusive workplace where employees feel respected, valued, and contribute to success.
- For nearly 160 years, PNC has aimed to make a meaningful impact for employees, customers, communities, and shareholders.
- Success is built on open dialogue, smart risk management, relationship-based customer service, and community investments.
- Provides an inclusive workplace where employees are heard, valued, and developed.
Equal Opportunity
- PNC provides equal employment opportunity regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other legally protected categories.
- Position is subject to Section 19 of the FDIA, SAFE Act, and/or FINRA, prohibiting hiring individuals with certain criminal history.
- PNC fosters an inclusive and accessible workplace, providing reasonable accommodations for applicants and qualified individuals with disabilities.
- Accommodation requests for the application process can be made via email to AccommodationRequest@pnc.com or by calling 877-968-7762.
