Quantitative Analytics & Model Group Manager - Market Risk

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 & Model Group Manager within PNC's Market Risk organization, you will be based in New York City.

R226649

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.

• Directs strategies, initiatives and activities associated with developing, testing, and/or validation of quantitative models used for important business decisions and policies. Responsible for ensuring robust and comprehensive model review testing and analysis in accordance with all applicable review procedures and lifecycle standards.
• Establishes strategies and directs the activities needed to develop new model frameworks in support of the line of business.
• Directs complex qualitative and quantitative assessments of all aspects of models including theoretical aspects, model design and implementation as well as data quality and integrity. Confirms the reviews of complex reports and associated quantitative analysis. Validates existing models and assesses model risks.
• Leads in evaluating identified model risks and reaches conclusions on strengths and limitations of the model. Ensures the preparation and analysis of detailed documents for validation and regulatory compliance.
• Directs, motivates, develops and manages the performance of the management team and key staff.

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.

As a Manager of Talent in PNC, you will be expected to:

• Include Intentionally – Cultivate diverse teams and inclusive workplaces to expand thinking.
• Live the Values – Role model our values with transparency and courage.
• Enable Change – Take action to drive change and innovation that will transform our business.
• Achieve Results – Take personal ownership to deliver results, empower and trust others in decision making.
• Develop the Best – Raise the bar with every talent decision and guide the achievement of all employees and customers.

Analytical Thinking, Credit Risks, Data Analytics, Financial Analysis, Model Development, Operational Risks, Quantitative Models, Risk Appetite

Bank Quantitative Analysis, Consulting, Data Gathering and Reporting, Predictive Analytics, Quantitative Techniques, Regulatory Environment – Financial Services, Testing

Roles at this level typically require a university or college degree. Higher level education such as a Master’s degree, PhD, or certifications is desirable. Industry‑relevant experience is typically 8+ years. At least 5 years of prior management experience is typically required. Proven leadership experience with a moderate to large scope of responsibility is required. In lieu of a degree, a comparable combination of education, job‑specific certification(s), and experience (including military service) may be considered.

Bachelor’s

No Required Certification(s)

No Required License(s)

Base Salary: $ – $
Salary may vary based on geographic…