Quantitative Analytics & Model Validation: Loss Forecasting

Fairygodboss; Tysons (VA); On-site; USD 91,000 - 203,000; Full time

Job summary

PNC is seeking a Quantitative Analytics and Model Consultant to join its Model Risk Management team. Based in Pittsburgh, PA or Tysons Corner, VA, you will validate and enhance loss forecasting, stress testing, and scoring models, driving independent reviews and clear reporting to stakeholders.

The role requires a strong background in quantitative analysis, risk assessment, and regulatory documentation, with 5+ years’ experience and a bachelor's degree.

Qualifications

• 5+ years of industry-relevant experience in quantitative analytics or model risk.
• University/college degree required; certifications often required.

Responsibilities

• Performs complex quantitative analyses and model development to support decision-making by running quantitative strategies.
• Develops new model frameworks, refines and validates existing models, and communicates with model owners during reviews.
• Evaluates model risks and documents validation for regulatory compliance and prepares reports.
• Writes memos and becomes lead author in model review efforts.

Skills

Analytical Thinking

Credit Risks

Data Analytics

Financial Analysis

Model Development

Operational Risks

Quantitative Models

Risk Appetite

Education

Bachelor's

Job description

PNC is seeking a Quantitative Analytics and Model Consultant to join its Model Risk Management team. Based in Pittsburgh, PA or Tysons Corner, VA, you will validate and enhance loss forecasting, stress testing, and scoring models, driving independent reviews and clear reporting to stakeholders.

The role requires a strong background in quantitative analysis, risk assessment, and regulatory documentation, with 5+ years’ experience and a bachelor's degree.