Quantitative Analytics & Model Development Expert

PNC Bank
Vienna, VA
May 17, 2018
May 21, 2018
Full Time
Job Description: 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 a Quantitative Analytics Data Modeling Expert within PNC's Business Analytics Group organization, you may be based in Pittsburgh, PA, Cleveland, OH, Raleigh, NC, Wilmington, DE, NYC or Tyson's Corner, VA areas. Job Profile * Provides strategic and analytical insights around quantitative analyses, processes, and validations. Reviews complex quantitative analyses and models and engages with the Line of Business to enhance model development by incorporating business feedback. * Oversees the development of new model frameworks by supporting the line of business and provides consultative feedback around improvements. Reviews any recommended changes to existing models. Conducts executive level communication during the course of the review. * 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 and provides analytical insight into potential areas of improvement. Reviews validation of existing models and assesses model risks. * Reviews the evaluations of identified model risks and provides high level consultation around recommended conclusions on strengths and limitations of the model. * Provides consultative feedback around the preparation and analysis of regulatory compliance documents. Leadership Competencies Builds Winning Teams - Extensive Experience * Develops talent by creating engaged, inclusive and diverse teams who are empowered to speak freely and act with integrity. Leads Effective Change - Working Experience * Recognizes the need for, takes personal accountability to adapt, and leads others through organizational change. Drives for Results - Extensive Experience * Demonstrates energy and a desire to succeed; follows through on commitments; pushes self and others to deliver exceptional results. Establishes Vision and Purpose - Extensive Experience * Creates a compelling vision of the future and translates it into action, linking others' contributions to the success of PNC. Core Competencies Manages Risk - Extensive Experience * Assesses and effectively manages all of the risks associated with their business objectives and activities to ensure activities are in alignment with the bank's and unit's risk appetite and risk management framework. Customer Focus - Extensive Experience * Knowledge of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions, and ability to leverage that information in creating customized customer solutions. Job Specific Competencies Predictive Analytics - Subject Matter Expertise * Knowledge of tools, methods and processes used to make business predictions; ability to use the tools, processes and practices for predicting business trends and providing forecasts that drive business decisions and business planning. Consulting - Subject Matter Expertise * Knowledge of techniques, roles, and responsibilities in providing technical or business guidance to clients, both internal and external; ability to apply this knowledge appropriately to diverse situations. Effective Communications - Subject Matter Expertise * Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors. Data Gathering and Reporting - Subject Matter Expertise * Knowledge of and ability to utilize tools, techniques and processes for gathering and reporting data in a particular department or division of a company. TESTING - Subject Matter Expertise * Knowledge of and ability to plan, implement and manage testing strategies, policies and practices that assure the delivery of high quality applications. Regulatory Environment - Financial Services - Subject Matter Expertise * Knowledge of and ability to help an organization adapt to applicable federal, state, local, and company-specific regulations, policies, and guidelines affecting business practices. Quantitative Techniques - Subject Matter Expertise * Knowledge of and ability to use quantitative tools and techniques to measure and analyze risks. Bank Quantitative Analysis - Subject Matter Expertise * Knowledge of and ability to use numerical methods to develop statistical models for devising trading strategies. Required Education and 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 and experience (including milita

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