Quantitative Analytics and Model Consultant Senior

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. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success.
As a Quantitative Analytics and Model Consultant Senior within PNC’s Balance Sheet Analytics & Modeling organization, you will be based in Tysons Corner, VA. 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.
As a Quantitative Analytics & Model Development Consultant Sr., you will conduct Credit Risk model development and complex quantitative analyses mainly for CECL and CCAR uses on large data sets. The Probability of Default (PD) model for Residential Loans will be the area of focus. You’ll be responsible to develop and maintain Resi PD models for use in reserving, stress testing, and line of business activities, as well as serve as a reliable partner to support the execution of the models, review and analyze results of the models.

PREFERRED SKILLS & QUALIFICATIONS:

• Eight years experience in credit risk modeling. Less experience combined with advanced degrees may be considered.
• Strong working knowledge of Python is required.
• Knowledge of CECL and CCAR is a plus.
• Experience with big data/PySpark/Hadoop/Machine Learning is a plus.
• Solid technical writing skills are a plus.
• Team player, self-starter and good communication skills.
  PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.
  Job Description
  Independently performs the most complex quantitative analyses and models development to support decision-making by running quantitative strategies.
  Develops new model frameworks by supporting the line of business. Refines and monitors existing models. Conducts on-going communication with model owners and model developers during the course of the review. Works with large data to create models.
  Performs the most complex qualitative and quantitative assessments on all aspects of models including theoretical aspects, model design and implementation as well as data quality and integrity. Reviews reports and associated quantitative analysis. Validates existing models and assesses model risks.
  Evaluates identified 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.
  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 Analytical Thinking, Credit Risks, Data Analytics, Financial Analysis, Model Development, Operational Risks, Quantitative Models, Risk Appetite
  Competencies Bank Quantitative Analysis, Consulting, Data Gathering and Reporting, Effective Communications, Predictive Analytics, Quantitative Techniques, Regulatory Environment - Financial Services, Testing
  Work Experience Roles at this level typically require a university / college degree. Higher level education such as a Masters degree, PhD, or certifications is desirable. Industry relevant experience is typically 8+ years. Specific certifications are often required. 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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Please refer the Job description for details