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(n) Portfolio Analytics & Strategy Specialist Sr. within PNC's Assets and Portfolio Management organization, you will be based in Pittsburgh, PA, Cleveland, OH, New York, NY, Washington, D.C.
Seasoned analytics and loan loss modeling professional with experience as model owner or developer, experience with Credit Risk for Commercial loans preferred
Collaborates with the model owner, model development team, Model Risk Management, Line of business, Finance, Credit Risk and other partners to assess and monitor CECL and CCAR model development process.
Provides analytics support and leads analytical projects related to CECL and CCAR model development including impacts of modelling choices, model sensitivities, model configurations assumptions.
Leads and assists in oversight, review, and development of new and revised models and calibrations.
Leads and assists in model documentation, model narratives, presentations and other communication to senior executives/ internal partners / Regulators.
Ensures model development process follows internally developed processes, governance and works actively to improve on the governance and control practices
Provides analytical support and leads preparation of response materials driving resolution of model validation issues, audit / control issues, any regulatory MRAs / MRIAs.
Active engagement as a Loan loss model and Commercial Credit portfolio SME with Model development, model Risk Management, Credit Risk Management and other functions. Be in a position to address challenges from various stakeholders on broad aspects of CECL modelling and ecosystem decisions / choices; including input model parameters, scenario design and weights, qualitative adjustments/ overlays, etc Be able to present alternative choices and drive consensus with broad range of stakeholders.
Help in the development and implementation of CECL and Reserve analytics and analytical infrastructure to ensure Quarter over Quarter differences in reserves are explained in a rigorous and timely manner for various internal and external communication / disclosure needs.
Provides financial and regulatory reporting and analyses to maintain adequate controls over the financial and regulatory reporting processes. Responsible for running complex business performance, risk and operational analytics. May include the development of analytical methods/models to assess market, credit and/or operational risk of new and existing financial products.
Leverages business / product expertise to rigorously analyze large datasets, improve risk adjusted returns, deliver profitable growth, and communicate conclusions. Synthesizes analytical results and develops, recommends, and implements business strategies that improve lending decisions, assist in managing risk, increase revenues, reduce exposure to losses, meet business goals, and improve performance. Establishes baselines for strategies and tracks actual performance to expectations.
Applies predictive models, third party data, and other tools to develop and execute appropriate segmentation and targeting for acquisition and portfolio strategies to provide insight into portfolio risk. Manages engagements with internal and external information suppliers ensuring solution is fit for purpose while maintaining appropriate governance and oversight.
Understands and communicates regulatory and financial accounting impacts on the balance sheet to regulators and PNC control functions as appropriate. Interacts with regulators, internal audit, and management concerning credit portfolio analyses and credit risk appetite.
Works with business, credit, data, and model development partners to design, develop, and monitor test designs and analytical reporting to track and enhance strategies. Designs / enhances standard reporting suites for regular product / portfolio reviews.
Collaborates with the line of business, Finance, and Risk partners to assess and establish credit risk appetite and to understand its implications, as well as to establish policies and procedures governing the identification, monitoring, and management of risk appetite.
Manages Risk - Working 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
Analytical Approach - Extensive Experience
Understanding of the value of accurately analyzing the current environment and ability to synthesize ideas and information required for process improvement into a manageable form.
Big Data Management and Analytics - Extensive Experience
Knowledge and ability to plan and execute, big data management and analytics.
Predictive Analytics - Extensive Experience
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.
Risk Management Banking - Extensive Experience
Knowledge of and ability to use tools, regulations, and business practices to assess and control an organization's exposure to risk.
Credit Risk - Extensive Experience
Knowledge of processes, tools, and techniques used to determine the degree of credit risk in a given transaction or customer relationship; ability to assess, rate and manage exposure to credit risk.
Performance Measurement - Extensive Experience
Knowledge of and ability to utilize a variety of methods to measure the performance on a particular portfolio against industry benchmarks and related parameters.
Business Analytics - Extensive Experience
Knowledge of technologies, techniques and practices for the evaluation of business performance data; ability to analyze business performance using advanced statistical methods to justify and drive future business planning decisions.
Regulatory Environment - Financial Services - Extensive Experience
Knowledge of and ability to help an organization adapt to applicable federal, state, local, and company-specific regulations, policies, and guidelines affecting business practices.
Mathematics of Financial Instruments - Extensive Experience
Knowledge of and ability to perform the mathematical calculations that underlie various financial instruments.
Operational Risk - Extensive Experience
Knowledge of policies and processes for operational risk management; ability to use tools, data, and best practices to identify, assess, and manage operational risk exposures.
Pricing Models and Analytics - Extensive Experience
Knowledge of pricing tools, techniques and methods; ability to assess analytical and pricing models through the use of statistical principles.
Banking Products - Extensive Experience
Knowledge of and ability to provide products and services available through the retail banking branch.
Required Education and 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 and experience (including military service) may be considered.
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