Senior Quantitative Analytics & Model Developer

PNC; Cleveland (OH); On-site; USD 86,000 - 144,000; Full time

Benefits offered by this job

Health benefits

401(k) match

Pension plan

Job summary

PNC is seeking a Senior Quantitative Analytics & Model Development Analyst to contribute to balance sheet management. Based in Pittsburgh, PA or Cleveland, OH, you will handle QRM-based modeling and collaborate with treasury, risk management, and business lines.

You will work with Excel, SQL, Python, PowerBI, and LLM-assisted tools to deliver analytics, with a focus on interest rate and liquidity risk, in an environment valuing detail and strong communication.

Qualifications

• University degree required; 3+ years of relevant/ direct industry experience.
• Certifications are often desired.
• In lieu of a degree, a comparable combination of education, certification(s), and experience may be considered.

Responsibilities

• Independently performs advanced quantitative analyses and model development to drive decision-making by running quantitative strategies. Makes recommendations based on analyses.
• Analyzes and develops new model frameworks by supporting the line of business. Refines, monitors, and reviews existing models. Conducts on-going communication with model owners and model developers during the course of the review. Works with larger, more complex datasets to create models.
• Performs quantitative analysis and develops complex reports. Performs qualitative and quantitative assessments of all aspects of models including theoretical aspects, model design and implementation as well as data quality and integrity. Analyzes complex data and associated quantitative analysis. Makes recommendations based on findings from data analytics.
• 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 applicable templates.

Skills

Analytical Thinking

Credit Risks

Data Analytics

Financial Analysis

Model Development

Operational Risks

Quantitative Models

Risk Appetite

Education

Bachelors

Tools

Excel

SQL

Python

PowerBI

LLM-assisted tools

Job description

PNC is seeking a Senior Quantitative Analytics & Model Development Analyst to contribute to balance sheet management. Based in Pittsburgh, PA or Cleveland, OH, you will handle QRM-based modeling and collaborate with treasury, risk management, and business lines.

You will work with Excel, SQL, Python, PowerBI, and LLM-assisted tools to deliver analytics, with a focus on interest rate and liquidity risk, in an environment valuing detail and strong communication.