Quantitative Analytics & Model Development Analyst Sr

PNC; Pennsylvania; On-site; USD 86,000 - 144,000; Full time

Benefits offered by this job

Medical coverage

401(k) with match

Pension plan/Stock purchase

Job summary

PNC is seeking a Senior Quantitative Analytics & Model Development Analyst to join the Balance Sheet Management team in Pittsburgh, PA or Cleveland, OH. You will drive quantitative analyses, model development, and reporting for risk management and regulatory validation.

The role requires strong Excel, SQL, Python, PowerBI skills and experience with balance sheet modeling, macroeconomics, and financial engineering concepts. A Bachelor's degree and 3+ years of relevant experience are preferred.

Qualifications

• University/college degree required; 3+ years of relevant experience preferred.
• Experience with balance sheet modeling, banking products, macroeconomics or financial engineering is desirable.

Responsibilities

• Perform advanced quantitative analyses and model development to support decision-making.
• Develop and validate new model frameworks with business stakeholders.
• Refine, monitor, and review existing models and outputs.
• Analyze large datasets to create robust models and detailed reports.
• Prepare documentation for validation and regulatory compliance.

Skills

Analytical Thinking

Credit Risks

Data Analytics

Financial Analysis

Model Development

Operational Risks

Quantitative Models

Risk Appetite

Education

Bachelors

Tools

Excel

SQL

Python

PowerBI

LLM-assisted tools

Job description

Quantitative Analytics & Model Development Analyst Sr### Quantitative Analytics & Model Development Analyst SrApply: PA - Pittsburgh (15222): OH - Cleveland: Full time: Posted Today: R237391# **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 Quantitative Analytics & Model Development Analyst Sr within PNC's Finance organization, you will be based in Pittsburgh, PA or Cleveland, OH. As part of the Balance Sheet Management team, you will contribute to PNC’s measurement and projection of interest rate risk and liquidity risk. The role will provide opportunities for visibility and engagement with corporate treasury stakeholders, line of business, and risk management partners. You will work closely with the Quantitative Risk Management (QRM) application, which is our core application for balance sheet modeling, and be responsible for the execution and management of assumptions and reporting output. In addition to QRM, fluency with Excel, SQL, Python, PowerBI, and LLM-assisted tools will be critical in delivering detailed and thoughtful analytics. Experience with balance sheet modeling, banking products, macroeconomics, and financial engineering/mathematics is preferred. The ideal candidate will possess strong intellectually curiosity, attention to detail, problem-solving, strong communication skills, and the desire to work in a dynamic environment.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*** Independently performs advanced quantitative analyses and model development to drive decision-making by running quantitative strategies. Makes recommendations based on analyses.* Analyzes and develops new model frameworks by supporting the line of business. Refines, monitors, and reviews existing models. Conducts on-going communication with model owners and model developers during the course of the review. Works with larger, more complex datasets to create models.* Performs quantitative analysis and develops complex reports. Performs qualitative and quantitative assessments of all aspects of models including theoretical aspects, model design and implementation as well as data quality and integrity. Analyzes complex data and associated quantitative analysis. Makes recommendations based on findings from data analytics.* Uses quantitative tools and techniques to measure and analyze model risks and reaches conclusions on strengths and limitations of the model.* Prepares and analyzes detailed documents for validation and regulatory compliance, using applicable templates.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**Analytical Thinking, Credit Risks, Data Analytics, Financial Analysis, Model Development, Operational Risks, Quantitative Models, Risk Appetite## **Competencies**Bank Quantitative Analysis, Consulting, Data Gathering and Reporting, Effective Communications, Predictive Analytics, Quantitative Techniques, Regulatory Environment - Financial Services, Testing## **Work Experience**Roles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience. Certifications are often desired. 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: $86,250.00 – $143,750.00Salaries may vary based on geographic location, market data and on individual skills, experience, and education. This role is incentive eligible with the payment based upon company, business and/or individual performance.# **Application Window**Generally, this opening is expected to be posted for two business days from 10/21/2026, 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.