ALM Senior Associate -Balance Sheet Analytics

at  PNC Financial Services Group

Job Profile
Position Overview
At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. As an Asset & Liability Management (ALM) Associate within PNC’s Balance Sheet Analytics and Strategy Group, you will focus on Stress Testing Oversight and be based in Pittsburgh, Pennsylvania, Birmingham, Alabama, Houston, TX, Tyson’s Corner, VA or Cleveland, OH. This position is primarily based in a PNC location. Responsibilities require time in the office or in the field on a regular basis. Some responsibilities may be performed remotely, at manager’s discretion.
The CCAR/CECL Oversight Team is responsible for providing central program oversight across the capital stress testing (CCAR) and loan loss reserve (CECL) processes. The team coordinates bank-wide CCAR planning and execution, completion of Capital Plan and Board materials, final submission, disclosure, and regulator interaction including issue remediation efforts. The team is also responsible for planning, execution coordination across the bank, and oversight of the quarterly CECL calculation process.

• Work on a team that coordinates and leads PNC efforts relating to the execution of CCAR/DFAST stress tests.
• Support the firm’s supervisory stress testing efforts and comprehensive capital submissions and help oversee the associated planning, coordination, execution, and documentation activities.
• Assist with development of executive and board-level materials related to PNC’s stress testing efforts.
• Collaborate with internal partners to establish expectations and gain alignment on timelines and responsibilities for the annual stress tests, including working with Finance, ALM/Treasury, Risk Management, Internal Audit, and lines of business.
• Present to senior management.
• Participate in review of projections for balance sheet, income, losses, and capital across a range of macroeconomic scenarios.
• Understand and review methodologies and narratives used to develop projections of balance sheet, income, losses, and capital across scenarios.
• Manage and perform defined procedures, analysis, and project management activities.
• Review relevant regulations related to stress testing and capital planning.
• Take ownership in performing ad-hoc projects to continuously improve upon PNC’s stress testing related efforts.
  PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.
  Job Description
  Leads financial analysis, conducts research and prepares reports. Performs due diligence and statistical analysis related to the balance sheet. Participates in stress testing efforts.
  Based on own discretion, researches and collects information for PNC’s balance sheet.
  Reviews and presents risk analytics/stress testing material including documentation and templates to senior team members for federal submission.
  Reviews and analyzes data for modeling activities. Reconciles and performs quality review of data. May be responsible for model development.
  Partners with lines of business in understanding specific line items of PNC’s balance sheet and income statement.
  PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:
  Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
  Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC’s Enterprise Risk Management Framework.
  Qualifications
  Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.
  Preferred Skills Balance Sheets, Bookkeeping, Budget Management, Cash Flow Statements, Corporate Accounting, Financial Operations, Managerial Finance, Public Accounting, Revenue Recognition
  Competencies Accuracy and Attention to Detail, Asset and Liability Management (ALM), Data Gathering and Reporting, Decision Making and Critical Thinking, Effective Communications, Financial Analysis, Financial Services Industry, Market Risk, Regulatory Environment - Financial Services
  Work Experience Roles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience. Certifications are often desired. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
  Education Bachelors
  Certifications No Required Certification(s)
  Licenses No Required License(s)
  Benefits
  PNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include: medical/prescription drug coverage (with a Health Savings Account feature), dental and vision options; employee and spouse/child life insurance; short and long-term disability protection; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives.
  In addition, PNC generally provides the following paid time off, depending on your eligibility*: maternity and/or parental leave; up to 11 paid holidays each year; 8 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.

To learn more about these and other programs, including benefits for full time and part-time employees, visit pncbenefits.com > New to PNC.

• For more information, please click on the following links:

Time Away from Work
PNC Full-Time Benefits Summary
PNC Part-Time Benefits Summary
Disability Accommodations Statement
If an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com . Please include “accommodation request” in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call 877-968-7762 and say “Workday” for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.
Equal Employment Opportunity (EEO)
PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.
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