Agency MBS ALM Modeler: Quantitative Mortgage Analytics

PNC Financial Services Group, Inc.; New York (NY); On-site; USD 109,000 - 203,000; Full time

Benefits offered by this job

Medical coverage

Dental and vision

401(k) with match

Life insurance

Disability protection

Educational assistance

Wellness program

Parental leave

Paid holidays

Vacation days

Job summary

PNC Financial Services Group, Inc. seeks an Agency MBS modeler to join its Analytics and Modeling team in New York or Pittsburgh. The role emphasizes prepayment modeling, borrower behavior, and translating analyses into actionable portfolio insights.

The candidate should hold a master's degree in a quantitative field; PhD is preferred. This in‑office position underscores a collaborative culture with a focus on model development, validation, and regulatory‑style documentation.

Qualifications

• Demonstrated knowledge, skills and abilities for a quantitative modeling role.
• Experience in agency MBS or residential mortgage loan modeling is required.
• Ability to translate complex quantitative analyses into portfolio insights.

Responsibilities

• Perform complex quantitative analyses and model development to support decision making.
• Develop new model frameworks and refine/validate existing models.
• Communicate results clearly to model owners and stakeholders during reviews.
• Work with large data sets to create robust models and assess risks.

Skills

Analytical Thinking

Credit Risks

Data Analytics

Financial Analysis

Model Development

Operational Risks

Quantitative Models

Risk Appetite

Education

Master's degree in a quantitative field

PhD preferred

Job description

PNC Financial Services Group, Inc. seeks an Agency MBS modeler to join its Analytics and Modeling team in New York or Pittsburgh. The role emphasizes prepayment modeling, borrower behavior, and translating analyses into actionable portfolio insights.

The candidate should hold a master's degree in a quantitative field; PhD is preferred. This in‑office position underscores a collaborative culture with a focus on model development, validation, and regulatory‑style documentation.