Portfolio Analytics & Strategy Specialist - Balance Sheet Analytics & Modeling

PNC Financial Services Group; Pittsburgh (Allegheny County); On-site; USD 80,000 - 120,000; Full time

Job summary

An established industry player seeks a Portfolio Analytics & Strategy Specialist to enhance credit portfolio monitoring and performance analytics. This role involves analyzing credit quality and risk factors while collaborating with various teams. The ideal candidate will possess strong analytical skills and a background in credit portfolio management. Join a dynamic team committed to fostering an inclusive culture and delivering exceptional customer experiences. This position offers a unique opportunity to contribute to impactful projects in a supportive environment, making a difference in the financial landscape.

Benefits

Medical coverage

Dental and vision options

401(k) with company match

Pension plan

Educational assistance

Paid time off

Robust wellness program

Short and long-term disability protection

Adoption and surrogacy reimbursement

Back-up child/elder care

Qualifications

• 6+ years of experience in credit portfolio management required.
• Strong communication and collaboration skills essential.

Responsibilities

• Monitor credit portfolio performance and risk factors.
• Develop and coordinate portfolio reviews and sensitivity analyses.
• Support climate analytics efforts and related capabilities.

Skills

Analytical Thinking

Credit Risks

Data Analytics

Financial Analysis

Model Development

Operational Risks

Quantitative Models

Risk Appetite

Education

Bachelor's degree in economics, finance, engineering, or statistics

Master's degree or equivalent experience preferred

Job description

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 Portfolio Analytics & Strategy Specialist within PNC's Balance Sheet Analytics & Modeling Enterprise Credit Portfolio Analytics organization, you will be based in Pittsburgh, PA, Cleveland, OH or Tysons, VA. This position is primarily based in a PNC location. Responsibilities require time in the office or in the field on a regular basis. Some responsibilities may be performed remotely, at manager's discretion.

This individual will join the Enterprise Credit Portfolio Analytics team, which is focused on building centralized credit portfolio monitoring, analysis, and performance analytics.

Job Responsibilities:

• Monitor ongoing positioning and performance of PNC’s overall credit portfolio encompassing level and trend of credit quality, credit risk factor positioning & risk appetite utilization, and risk-adjusted performance quality & attribution, working in close coordination with all Line of Business Data, Model & Analytics teams, and Credit Risk Management group.
• Develop, propose, and coordinate portfolio reviews and sensitivity analyses that emanate from either a heightened level of risk and concern about a particular risk factor (e.g. industry) or to better understand certain risk factor exposures with larger concentrations, elevated growth rates, material over/underweight relative to the market and/or peers, and changing macro policy backdrops.
• Elevate adhoc portfolio reviews and sensitivity analyses to enterprise review and discussion forums, as appropriate.
• Develop and support climate analytics efforts, including development and execution of heat maps, physical and transition risk scenario analysis, financed emissions, and related foundational capabilities.

Preferred Skills & Requirements:

• 6+ years of experience in credit portfolio management (experience across both commercial and consumer lending portfolio management desirable)
• Hands-on, detail oriented with high standards and a total ownership mindset.
• Bachelor’s degree, master’s or equivalent experience preferred, in economics, finance, engineering, statistics or other discipline(s) relevant to quantitative credit portfolio management.
• Knowledge of supervisory regulations and guidance related to credit risk management at US commercial banking organizations.
• Strong written and verbal communication skills, as well as the ability to collaborate effectively with partners within the organization.
• Independent thinking skills with the ability to demonstrate strong leadership.

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:

Analytical Thinking, Credit Risks, Data Analytics, Financial Analysis, Model Development, Operational Risks, Quantitative Models, Risk Appetite

Work Experience:

Roles at this level typically require a university/college degree, with 5+ years of industry-relevant experience. Specific certifications are often required. 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)

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; 8 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 Your PNC Total Rewards.

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.

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.