Quantitative Analytics & Model Development Manager Senior - Balance Sheet Analytics & Modeling

PNC; Pittsburgh (Allegheny County); On-site; USD 104,000 - 218,000; Full time

Job summary

An established industry player is seeking a Quantitative Analytics & Model Development Manager Senior to lead the Balance Sheet Analytics & Modeling team. This role involves utilizing advanced analytical techniques to extract insights from complex data sets, guiding strategic business decisions. You will manage a team of analysts, ensuring the development and validation of quantitative models while fostering a culture of diversity and inclusion. If you have a strong background in statistics, machine learning, and leadership, this is an exciting opportunity to make a significant impact in a collaborative environment.

Benefits

Health coverage

401(k) plan

Pension

Stock plans

Paid time off

Qualifications

• 8+ years in industry with 5+ years in management.
• Experience in banking or financial services preferred.

Responsibilities

• Oversee development and validation of quantitative models.
• Support new model frameworks and refine existing models.

Skills

Analytical thinking

Data analytics

Model development

Quantitative models

Credit risks

Operational risks

Education

Bachelor's degree

Master’s or PhD in Statistics or Econometrics

Tools

Python

PySpark

R

SAS

SQL

Hadoop

Spark

Hive

Impala

Job description

Quantitative Analytics & Model Development Manager Senior - Balance Sheet Analytics & Modeling

Join to apply for the Quantitative Analytics & Model Development Manager Senior - Balance Sheet Analytics & Modeling role at PNC

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 Manager Senior within PNC's Anti-Money Laundering Analytics & Modeling organization, you will be based in Pittsburgh or Philadelphia, PA, Cleveland, OH, New York City, Wilmington, DE, Tysons, VA, Charlotte, NC, Dallas, or Houston, TX. This position is primarily located 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.

Responsibilities

• Utilize a variety of analytical techniques to extract information from customer, account, and transactional data sources.
• Participate in data set creation, analysis, reporting, model building, monitoring, and documentation.
• Effectively communicate analytical results and represent the modeling team in forums to inform senior management and partners.
• Collaborate with various lines of defense and key stakeholders.
• Manage a small team of analysts.

Preferred Experience & Qualifications

• Master’s or PhD in Statistics or Econometrics.
• Experience with data mining, data preparation for ML models, including EDA, transformations, and preprocessing.
• Proficiency in statistical methods and tools such as experimental design, probability, and sampling.
• Expertise in building and optimizing machine learning systems using industry-recognized frameworks and algorithms.
• Strong programming skills in Python, PySpark, R, SAS, and/or SQL.
• Familiarity with big data technologies like Hadoop, Spark, Hive, Impala.
• Experience working with model risk governance and productionizing models.
• Critical thinking, problem-solving, and ability to communicate complex concepts clearly.
• Proven leadership and mentorship skills in data science.
• Ability to manage multiple projects simultaneously.
• Strong teamwork skills across departments.

Additional Preferred Qualifications

• Experience in banking or financial services.
• Experience with anti-fraud or anti-money laundering modeling.
• Hands-on experience with AI/ML models, including neural networks.
• Experience with cloud platforms like AWS, Google Cloud, or Azure.

Job Responsibilities

• Oversee development, testing, and validation of quantitative models for business decisions and policies.
• Support development of new model frameworks and refine existing models.
• Conduct qualitative and quantitative assessments of models, including design, data quality, and risks.
• Lead evaluation of model risks and document validation and compliance efforts.

Additional Expectations

• Customer-focused approach, aligning solutions with customer needs.
• Manage risks effectively, adhering to PNC’s risk management framework.

Leadership Expectations

• Foster diversity and inclusion.
• Role model transparency and values.
• Drive change and innovation.
• Own results and empower others.
• Develop talent and raise standards.

Qualifications

• Skills: Analytical thinking, credit risks, data analytics, financial analysis, model development, operational risks, quantitative models, risk appetite.
• Competencies: Quantitative analysis, consulting, data reporting, communication, predictive analytics, regulatory knowledge, testing.
• Experience: Typically 8+ years in industry; 5+ years in management; higher education or equivalent experience acceptable.
• Education: Bachelor’s degree required.
• Certifications & Licenses: None required.

Pay Range

Base salary: $104,000 - $217,100. Compensation varies by location, skills, experience, and education. Incentive pay may apply.

Application Period

Open approximately two business days from 03/31/2025, subject to extension.

Benefits

PNC offers comprehensive benefits including health coverage, insurance, 401(k), pension, stock plans, paid time off, and more. Details available on Your PNC Total Rewards.

Accommodations & Equal Opportunity

For accommodations, contact [e-mail] or call 877-968-7762. PNC is an equal opportunity employer, supporting diversity and inclusion.