Balance Sheet Valuations Analyst — RMSR & ALM Insights

PNC Financial Services Group, Inc.; Pittsburgh (Allegheny County); On-site; USD 85,000 - 110,000; Full time

Job summary

PNC Financial Services Group, Inc. in Pittsburgh, PA is hiring a Balance Sheet Associate to join the ALM Valuations team.

The role focuses on valuation, financial reporting, and data analytics for Residential Mortgage Servicing Rights (RMSR), a key balance sheet asset tied to servicing income. Responsibilities include valuation outputs under tight timelines, trend analysis for portfolio performance, and governance of RMSR models.

Qualifications

• Bachelor's degree required in Finance, Accounting, Economics, or related field.
• Experience in financial reporting, financial modeling, and data analysis is preferred.
• Familiarity with RMSR valuation or mortgage servicing assets is a plus.

Responsibilities

• Deliver accurate and timely valuation and reporting outputs under tight timelines.
• Identify trends or risks in portfolio performance and communicate insights to stakeholders.
• Analyze and monitor the daily fair value of RMSR assets, including P&L attribution and risk reporting.
• Develop and maintain data automation tools supporting valuation and reporting processes.
• Support RMSR model governance, backtesting, and documentation.

Skills

Finance and accounting

Valuation techniques

Financial modeling

Data analysis

Excel proficiency

Education

Bachelor's degree in Finance, Accounting, Economics, or related field

Tools

Hyperion/Essbase/Oracle

Python

VBA

Excel

Job description

PNC Financial Services Group, Inc. in Pittsburgh, PA is hiring a Balance Sheet Associate to join the ALM Valuations team.

The role focuses on valuation, financial reporting, and data analytics for Residential Mortgage Servicing Rights (RMSR), a key balance sheet asset tied to servicing income. Responsibilities include valuation outputs under tight timelines, trend analysis for portfolio performance, and governance of RMSR models.