Senior Capital Markets Quant Analytics & Model Validator

PNC Financial Services Group, Inc.; Tysons (VA); On-site; USD 112,000 - 250,000; Full time

Benefits offered by this job

Medical/Dental/Vision

401(k) with match

Educational assistance

Wellness program

Paid holidays / time off

Job summary

PNC Financial Services Group, Inc. in Tysons Corner, VA is seeking a Senior Validator within Model Risk Management. You will independently review capital markets models, including derivatives pricing, VaR, and counterparty risk models, contributing to regulatory-compliant validation.

The role emphasizes collaboration with developers and stakeholders across divisions. The ideal candidate has 8+ years in quantitative modeling/validation, strong communication skills, and hands-on Python experience,

Qualifications

• Master's or Ph.D. in a quantitative field such as Finance, Physics, Mathematics, or a related discipline with a stochastic calculus background.
• 8+ years of experience within the financial services industry in model development and/or model validation, covering derivatives pricing, VaR, and counterparty credit risk.

Responsibilities

• 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.
• Prepares and analyzes detailed documents for validation and regulatory compliance, using applicable templates.

Skills

Analytical Thinking

Credit Risks

Data Analytics

Financial Analysis

Model Development

Operational Risks

Quantitative Models

Risk Appetite

Education

Advanced degree in quantitative field (MS/PhD)

Bachelor's degree

Tools

Python

QuantLib

Job description

PNC Financial Services Group, Inc. in Tysons Corner, VA is seeking a Senior Validator within Model Risk Management. You will independently review capital markets models, including derivatives pricing, VaR, and counterparty risk models, contributing to regulatory-compliant validation.

The role emphasizes collaboration with developers and stakeholders across divisions. The ideal candidate has 8+ years in quantitative modeling/validation, strong communication skills, and hands-on Python experience,