ALM Balance Sheet Analytics Associate

PNC; New York (NY); On-site; USD 90,000 - 150,000; Full time

Job summary

PNC's CIO is seeking an Associate to join its Portfolio Management and Analytics team in New York City. You will work with senior portfolio managers on balance sheet analytics, NII, risk, and portfolio stress testing, developing Python-based models and data pipelines.

The role emphasizes strong quantitative, programming, and communication skills, with exposure to fixed-income analytics and hedging strategies within a large bank environment. In-office, competitive benefits.

Qualifications

• Bachelor’s degree in Computer Science, Data Science, Financial Engineering, Financial Mathematics, Statistics, Finance, or another quantitative discipline.
• Strong quantitative and analytical skills.
• Strong programming and software development skills, including proficiency in Python and SQL.
• Strong communication skills with the ability to translate technical analysis into business insights.
• Attention to detail and ability to independently manage time-sensitive analytical deliverables.

Responsibilities

• Analyze balance sheet and portfolio risk, return, and performance, including the impact of interest rates and market conditions on net interest income (NII) and the bank’s financial position.
• Perform stress testing, scenario analysis, and portfolio projections to evaluate interest rate risk and support investment and balance sheet management decisions.
• Develop, maintain, and enhance Python-based financial models, analytical tools, and data pipelines supporting balance sheet management and interest rate risk analytics.
• Build and enhance scalable data, reporting, and BI infrastructure to improve the efficiency, transparency, and accessibility of CIO analytics.
• Partner with Portfolio Management, Balance Sheet Management, Economics, Finance, Market Risk, and Accounting to develop analytical solutions that drive positive business outcomes.
• Identifying opportunities for automation and AI with appropriate controls and production stability.

Skills

Quantitative skills

Python

SQL

Communication

Time management

Education

Bachelor's degree in a quantitative field

Tools

Python

SQL

Job description

PNC's CIO is seeking an Associate to join its Portfolio Management and Analytics team in New York City. You will work with senior portfolio managers on balance sheet analytics, NII, risk, and portfolio stress testing, developing Python-based models and data pipelines.

The role emphasizes strong quantitative, programming, and communication skills, with exposure to fixed-income analytics and hedging strategies within a large bank environment. In-office, competitive benefits.