Quantitative Analytics & Model Consultant Senior - Data, Modeling & Analytics

Location: Tysons Corner

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 Consultant Senior within PNC's Data, Modeling & Analytics organization, you will be based in Pittsburgh, PA;
Philadelphia, PA;
Cleveland, OH;
Charlotte, NC;
Wilmington, DE, or Tysons Corner, VA.

Summary:

As a Quantitative Analytics & Model Consultant Senior within PNC's Anti-Money Laundering Analytics & Modeling team, you will be part of a cohesive team of professionals who utilize a variety of statistical techniques to build models to detect, monitor, and avert concerning patterns of account activity. In this role, you will work with key stakeholders across the bank to identify patterns and risk indicators within the firm's account and transaction datasets, identify opportunities for new strategies, and recommend improvements to existing strategies.

You will be leading innovative AML projects that are patentable, utilizing statistical techniques, including logistic regression, clustering, gradient boosting, neural network, and other machine learning algorithms, to design samples and build statistical models.

Job Responsibilities:

* Use a variety of analytical techniques to extract usable information from various data sources, including customer, account, and transactional data sets

* Participate in data set creation, analysis, reporting, model building, model monitoring and model documentation

* Effectively communicate analytical results, represent the modeling team in various forums to inform senior executives and various team partners of progress on key modeling efforts

* Collaboration with 1st, 2nd and 3rd line of defenses and other key stakeholders

Preferred skills and experience:

* Master's degree or higher in a quantitative field

* Experience in developing GenAI solutions

* Experience with data mining, and data preparation for ML models including EDA, data transformations and preprocessing

* Proficiency in statistical methods and tools, including experimental design, probability theory, and sampling

* Expertise in building, scaling, and optimizing machine learning systems with industry recognized ML frameworks and algorithms

* Strong programming skills in Python, PySpark, R, and/or SQL

* Familiarity with big data technologies like Hadoop, Spark, Hive, Impala etc.

* Experience working with model risk governing bodies in model validation, and with model implementation partners in product ionizing a model

* Critical thinking and problem-solving aptitude with the ability to apply analytical rigor to complex business problems

* Ability to present complex technical concepts clearly and effectively to non-technical stakeholders and business partners

* Ability to manage multiple projects simultaneously

* Strong teamwork skills and ability to work across different departments

Additional preferred qualifications:

* Master's degree in Statistics, Mathematics, Engineering or Econometrics

* Experience in banking/ financial services

* Experience with anti-fraud and/or anti-money laundering modeling

* Hands-on experience building various types of AI/ML models, including neural networks

* Experience with cloud platforms like AWS, Google Cloud, or Azure

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.

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, monitors, and validates 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…