Senior Quantitative Analytics & Model Validation Expert

PNC; Boston (MA); On-site; USD 55,000 - 157,000; Full time

Benefits offered by this job

Health insurance

401(k) with PNC match

Pension and stock purchase plans

Job summary

PNC seeks a Senior Quantitative Analytics and Modeling Analyst within Model Risk Management to validate and improve critical financial models. Based in Boston, MA (or Pittsburgh, PA or Tysons Corner, VA), the role focuses on independent validation of Commercial & Industrial, Commercial Real Estate and retail loss forecasting models, along with risk and valuation models.

The position involves developing analyses, communicating with model owners, and preparing documentation for regulatory

Qualifications

• Bachelor's degree in a related field.
• 3+ years of relevant/direct industry experience.
• Certifications are often desired.

Responsibilities

• Independently performs advanced quantitative analyses and model development to drive decision-making.
• Analyzes and develops new model frameworks by supporting the line of business.
• Refines, monitors, and reviews existing models and communicates with model owners.
• Performs quantitative analysis and develops complex reports for validation and regulatory use.
• Uses quantitative tools to measure model risks and assess strengths and limitations.

Skills

Analytical Thinking

Credit Risks

Data Analytics

Financial Analysis

Model Development

Operational Risks

Quantitative Models

Risk Appetite

Education

Bachelor's

Job description

PNC seeks a Senior Quantitative Analytics and Modeling Analyst within Model Risk Management to validate and improve critical financial models. Based in Boston, MA (or Pittsburgh, PA or Tysons Corner, VA), the role focuses on independent validation of Commercial & Industrial, Commercial Real Estate and retail loss forecasting models, along with risk and valuation models.

The position involves developing analyses, communicating with model owners, and preparing documentation for regulatory