Senior Quant Analytics & Model Risk Validator

PNC; Pittsburgh (Allegheny County); On-site; USD 55,000 - 157,000; Full time

Benefits offered by this job

Health benefits (medical/prescription)

401(k) with PNC match

Paid time off

Health Savings Account feature

Job summary

PNC invites experienced professionals to join its Model Risk Management team as a Quantitative Analytics and Modeling Analyst Senior. The role is based in Pittsburgh, PA, Boston, MA, or Tysons Corner, VA within an in-office culture that values balance and inclusion.

Responsibilities include independent validation of Commercial & Industrial, Commercial Real Estate, and retail models, with involvement in risk assessment and model development.

Qualifications

• 3+ years of relevant / direct industry experience.
• Bachelor's degree required; certifications often desired.
• PNC will not provide sponsorship for employment visas or STEM OPT for this position.

Responsibilities

• Independently performs advanced quantitative analyses and model development to drive decision-making by running quantitative strategies.
• Analyzes and develops new model frameworks by supporting the line of business. Refines, monitors, and reviews existing models.
• Performs quantitative analysis and develops complex reports. Conducts qualitative and quantitative assessments of all aspects of models including design and data quality.
• 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 templates.

Skills

Analytical Thinking

Credit Risks

Data Analytics

Financial Analysis

Model Development

Operational Risks

Quantitative Models

Risk Appetite

Education

Bachelors

Job description

PNC invites experienced professionals to join its Model Risk Management team as a Quantitative Analytics and Modeling Analyst Senior. The role is based in Pittsburgh, PA, Boston, MA, or Tysons Corner, VA within an in-office culture that values balance and inclusion.

Responsibilities include independent validation of Commercial & Industrial, Commercial Real Estate, and retail models, with involvement in risk assessment and model development.