Senior Quant Analytics & Model Validator - Capital Markets

PNC Financial Services Group, Inc.; Pittsburgh (Allegheny County); On-site; USD 112,000 - 250,000; Full time

Job summary

PNC Financial Services Group, Inc. seeks a Senior Validator in Model Risk Management to perform independent reviews of quantitative models, including data quality, assumptions, and performance testing.

You will communicate findings to diverse stakeholders and help improve validation processes. Requirements include a PhD/masters in a quantitative field, 8+ years in financial services model development or validation, and hands-on Python with QuantLib experience.

Qualifications

• Master's or PhD in a quantitative field with a strong foundations in stochastic calculus.
• 8+ years of experience in financial services model development or validation including derivatives pricing, VaR and counterparty risk.
• Ability to convey complex quantitative conclusions to diverse stakeholders and awareness of regulatory requirements.

Responsibilities

• Independent Model Review: assess model concepts, data quality, methodologies, and performance testing; prepare validation reports.
• Stakeholder collaboration: communicate results clearly to technical and non-technical audiences and contribute to process improvements.

Skills

Analytical thinking

Data analytics

Financial analysis

Model development

Regulatory knowledge

Communication

Education

Master's or PhD in a quantitative field

Tools

Python

QuantLib

Job description

PNC Financial Services Group, Inc. seeks a Senior Validator in Model Risk Management to perform independent reviews of quantitative models, including data quality, assumptions, and performance testing.

You will communicate findings to diverse stakeholders and help improve validation processes. Requirements include a PhD/masters in a quantitative field, 8+ years in financial services model development or validation, and hands-on Python with QuantLib experience.