Quantitative Analytics & Model Development Consultant Senior - Fraud Model Implementation

PNC Financial Services Group, Inc.; Pittsburgh (Allegheny County); On-site; USD 80,000 - 210,000; Full time

Job summary

An established industry player seeks a Quantitative Analytics & Model Development Consultant Senior to drive innovative fraud model implementation. This role involves performing complex analyses, developing new model frameworks, and ensuring data integrity. The ideal candidate will leverage their expertise in quantitative techniques and risk management to enhance decision-making processes. Join a dynamic team that prioritizes customer satisfaction and fosters an inclusive workplace culture. This is an exciting opportunity to contribute to impactful projects in a collaborative environment, with a focus on continuous improvement and professional growth.

Benefits

Medical/Prescription Drug Coverage

Dental and Vision Options

401(k) with Company Match

Pension Plan

Educational Assistance

Short and Long-term Disability Protection

Paid Time Off

Wellness Program with Financial Incentives

Qualifications

• 8+ years of relevant experience in quantitative analytics and model development.
• Strong knowledge of Python and SQL for data analysis and model implementation.

Responsibilities

• Perform complex quantitative analyses to support decision-making.
• Develop and validate model frameworks while ensuring data quality.

Skills

Analytical Thinking

Big Data Hadoop

Credit Risks

Data Analytics

Financial Analysis

Machine Learning

Model Development

Object-Oriented Programming (OOP)

Operational Risks

Python (Programming Language)

Quantitative Models

Risk Appetite

Structured Query Language (SQL)

Education

Bachelor's Degree

Master's Degree

PhD

Job description

Quantitative Analytics & Model Development Consultant Senior - Fraud Model Implementation

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 Consultant Senior within PNC's Balance Sheet Analytics and Modeling organization, you will be based in Pittsburgh or Philadelphia, PA, New York City or Cleveland, OH. 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.

Job Description

• Independently performs the most complex quantitative analyses and models development to support decision-making by running quantitative strategies.
• Develops new model frameworks by supporting the line of business. Refines, monitors, and validates existing models. Conducts on-going communication with model owners and model developers during the course of the review. Works with large data to create models.
• Performs the most complex qualitative and quantitative assessments on all aspects of models including theoretical aspects, model design and implementation as well as data quality and integrity. Reviews reports and associated quantitative analysis. Validates existing models and assesses model risks.
• Evaluates identified 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, Big Data Hadoop, Credit Risks, Data Analytics, Financial Analysis, Machine Learning, Model Development, Object-Oriented Programming (OOP), Operational Risks, Python (Programming Language), Quantitative Models, Risk Appetite, Structured Query Language (SQL)

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. Higher level education such as a Masters degree, PhD, or certifications is desirable. Industry relevant experience is typically 8+ years. 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)

Pay Transparency

Base Salary: $80,000.00 – $209,300.00. Salaries 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 03/20/2025, 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; 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.

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.