Senior Quant & Model Developer

PNC; New York (NY); On-site; USD 109,000 - 203,000; Full time

Benefits offered by this job

Medical/prescription drug coverage

Dental and vision options

401(k) with PNC match

Pension and stock purchase plans

Educational assistance

Job summary

PNC, based in New York, NY, seeks a Model & Quant Analyst to perform quantitative analyses, develop model frameworks, and monitor and validate models to support decision making.

The candidate should possess a Bachelor's degree and 5+ years of relevant experience in bank quantitative analysis, data analytics, and risk management within a regulated environment. This is an in-office role with a comprehensive benefits package.

Qualifications

• Roles at this level typically require a university/college degree, with 5+ years of industry-relevant experience.
• Bachelor's degree is required.
• No Certifications are required for this role.

Responsibilities

• Performs complex quantitative analyses and models development to support decision-making by running quantitative strategies.
• Develops new model frameworks by supporting the line of business and monitors existing models.
• Performs qualitative and quantitative assessments on model design, data quality and regulatory compliance.
• Evaluates identified model risks and communicates strengths and limitations of the model.
• Prepares and analyzes detailed documents for validation and regulatory review.

Skills

Analytical thinking

Credit risks

Data analytics

Financial analysis

Model development

Operational risks

Risk appetite

Education

Bachelor's

Job description

PNC, based in New York, NY, seeks a Model & Quant Analyst to perform quantitative analyses, develop model frameworks, and monitor and validate models to support decision making.

The candidate should possess a Bachelor's degree and 5+ years of relevant experience in bank quantitative analysis, data analytics, and risk management within a regulated environment. This is an in-office role with a comprehensive benefits package.