Capital Markets Managing Director -Trading; IC); F

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 Capital Markets Managing Director I
- Trading within PNC's Capital Markets organization, you can be based in Denver, CO or New York, NY. Candidate will be instrumental in the strategic growth and profitability of the Agency CMO and mortgage derivatives platform, partnering with senior leadership to expand trading, client, and product opportunities. Trader will manage a mortgage portfolio with disciplined risk and capital allocation, utilizing deep expertise in Agency CMOs, structured mortgage products, and mortgage/interest-rate derivatives to optimize performance and capitalize on market opportunities.

Candidate must bring a track record of risk management, business growth and strategic execution, while working closely with sales, risk, and capital markets partners while developing strong relationships with institutional clients and market counter parties. Licensing requirements:
Series 7 & 63 or able to obtain SIE, Series 7 & 63 within 120 days of hire. PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals. PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Lead and manage trading strategy and execution for select capital markets products. Makes markets in designated customer products and manages portfolio risk. Enforces team's compliance with risk and regulatory requirements. May be responsible for a team of traders. Works strategically with traders, sales team, relationship managers, and investment bankers to develop and execute moderately complex trading/hedging strategies. Maintains relationships with buyers and sellers.

Drives accountability for business results and ensures appropriate training, coaching, development, and mentoring of staff. Identifies relative value opportunities and makes markets. Monitors market conditions and manages risk across specified team's trading portfolios. Work with stakeholders to develop comprehensive capital markets selling strategies to maximize revenue and new business activity. Focuses market/product coverage efforts and ensures appropriate resource allocation. Monitors trading activities, industry and market developments, and regulatory requirements.

Enforces compliance with policies and regulations. Works with stakeholders to develop/modify relevant policies and guidelines. Provides coaching to team members.

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.

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.

• Business Development
• Change Management
• Corporate Finance
• Credit Risk Analysis
• Database Architecture
• Financial Accounting
• Financial Derivatives
• Interest Rates
• Investments
• Trading Strategies

• Decision Making and Critical Thinking
• Financial Analysis
• Financial Engineering
• Financial Services Industry
• Investment Bank Quantitative Analysis
• Knowledge Of Customers
• Trading Work Experience

Roles at this level typically require a university / college degree. Higher level education such as a Masters degree, or PhD is desirable. Industry 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…