Asset Liability Management (ALM) Associate - Balance Sheet Analytics

PNC Financial Services Group, Inc.; New York (NY); Vor Ort; USD 75.000 - 150.000; Vollzeit

Zusammenfassung

PNC Financial Services Group, Inc. is seeking an ALM Associate in the Chief Investment Office, within the Finance organization, to base in Cleveland, OH or New York City, NY.

You will be responsible for monthly valuation of balance sheet products and the interest rate risk exposure arising from those products. You will capture data, ensure proper model setup, and attribute changes while producing the daily balance sheet analytics.

Qualifikationen

• Bachelor's degree in finance, accounting, economics, mathematics, computer science, or similar.
• Moderate experience with SQL and Microsoft Excel.
• Strong analytical, problem-solving, and communication skills.
• Demonstrated attention to detail and ability to manage independent, time-sensitive deliverables.

Aufgaben

• Own the liability categories on the balance sheet, including transaction deposits, time deposits, borrowings, and other liabilities.
• Produce timely packages of deposit data and analytics.
• Perform the daily balance sheet analytics process, ensure proper outputs and communicate changes to senior managers.
• Support the team with requests from market risk, model risk, audit, and external regulators for your areas of responsibility.
• Maintain robust technical documentation, operating procedures, controls, and backup coverage for critical processes.
• Collaborate with modeling team on model enhancements.
• Identify and implement automation and AI-driven opportunities while maintaining controls.

Kenntnisse

SQL

Excel

Analytical thinking

Communication

Attention to detail

Ausbildung

Bachelor's degree

Jobbeschreibung

Position Overview

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company's success. As a(n) [position title] within PNC's [name of division] organization, you will be based in [city/state location of position].

Job Profile

Position Overview

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company's success. As a ALM- Associate Balance Sheet Analytics within PNC's Finance organization, you will be based in Cleveland, OH or New York City, NY.

PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Job Description

As an ALM Associate in PNC's Chief Investment Office, you will be responsible for the monthly valuation of several products on PNC's balance sheet and the interest rate risk exposure resulting from those products. This will include ensuring proper capture of balance sheet data, understanding position change drivers, ensuring proper model setup and attribution of model changes. You will also be responsible for being able to produce the daily balance sheet analytics.

Job Responsibilities

• *Own the liability categories on the balance sheet, including transaction deposits, time deposits, borrowings, and other liabilities.
• *Produce timely packages of deposit data and analytics.
• *Perform the daily balance sheet analytics process, ensure proper outputs and be able to communicate changes and escalate issues to senior managers.
• *Support the team with requests from market risk, model risk, audit, and external regulators for your areas of responsibility.
• *Maintain robust technical documentation, operating procedures, controls, and backup coverage for critical processes under your span of responsibility.
• *Collaborate with modeling team on model enhancements.
• *Identify and implement automation and AI-driven opportunities while maintaining appropriate controls, transparency, and production stability.

Required Qualifications

• *Bachelor's degree in finance, accounting, economics, mathematics, computer science, or similar.
• *Moderate experience with SQL and Microsoft Excel.
• *Strong analytical, problem-solving, and communication skills, with the ability to explain technical concepts to business and risk stakeholders.
• *Demonstrated attention to detail and the ability to manage independent, time-sensitive deliverables.

Preferred Qualifications

• *Prior experience in ALM, balance sheet management, treasury, market risk, or interest rate risk.
• *Hands-on experience with Quantitative Risk Management (QRM) software and knowledge of QRM valuation, economic value of equity, duration of equity, net interest income, key-rate risk, balance sheet forecasting, analytics, reporting, and output structures.
• *Solid understanding of financial statements, balance sheet products (loans, deposits, fixed‑income securities, derivatives), and interest rate risk concepts.
• *Experience or interest in use of AI for automation purposes

PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals.

PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Job Description

• Using independent judgement on methods, performs financial analysis, conducts research and prepares reports. Performs due diligence and statistical analysis related to the balance sheet. Participates in stress testing efforts.
• Based on own discretion, researches and collects information for PNC's balance sheet.
• Manages and performs defined procedures, analysis and report preparation for decision making tasks. Performs data aggregation and quality assurance to ensure timely and accurate management reporting.
• Prepares and aggregates data for modeling activities. Reconciles and performs quality review of data.
• Consult with lines of business in responding to various ALM requirements.

PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:

• Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
• Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.

Qualifications

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.

Preferred Skills

Balance Sheets, Bookkeeping, Budget Management, Cash Flow Statements, Corporate Accounting, Financial Operations, Managerial Finance, Public Accounting, Revenue Recognition

Competencies

Accuracy and Attention to Detail, Asset and Liability Management (ALM), Data Gathering and Reporting, Effective Communications, Financial Analysis, Financial Forecasting and Modeling, Financial Services Industry, Market Risk, Regulatory Environment - Financial Services

Work Experience

Roles at this level typically require a university / college degree, with 2+ years of relevant professional experience. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

Education

Bachelors

Certifications

No Required Certification(s)

Licenses

No Required License(s)

Language Assessments

No Required or Preferred Language Assessments

Pay Transparency

Base Salary: $75,000.00 - $150,000.00

Salaries may vary based on geographic location, market data and on individual skills, experience, and education.

Application Window

Generally, this opening is expected to be posted for two business days from 09/14/2026, although it may be longer with business discretion.

Benefits

PNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include: 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; a robust wellness program with financial incentives.

In addition, PNC generally provides the following paid time off, depending on your eligibility: maternity and/or parental leave; up to 11 paid holidays each year; 9 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.

To learn more about these and other programs, including benefits for full time and part-time employees, visit pncthrive.com.

Disability Accommodations Statement

If an accommodation is required to participate in the application process, please contact us via email at [e-mail]. Please include 'accommodation request' in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.

Equal Employment Opportunity (EEO)

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.

California Residents

Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.