Quantitative Analytics Model Development Manager Senior - Balance Sheet Analytics Modeling
Quantitative Analytics Model Development Manager Senior - Balance Sheet Analytics Modeling
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
$ 104000 - 217100
1 Vacancy
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. 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 companys success. As a Quantitative Analytics & Model Development Manager Senior within PNCs AntiMoney Laundering Analytics & Modeling organization you will be based in Pittsburgh or Philadelphia PA Cleveland OH New York City Wilmington DE Tysons VA Charlotte NC Dallas or Houston TX. This position is primarily located in a PNC location. Responsibilities require time in the office or in the field on a regular basis. Some responsibilities may be performed remotely at managers discretion.As a Quantitative Analytics & Model Development Manager Senior within PNCs AntiMoney 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 firms account and transaction datasets identify opportunities for new strategies and recommend improvements to existing strategies. You will be leading innovative AntiMoney Laundering 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.
Specific responsibilities for this role include (but are not limited to):
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
Manage a small team of analysts
Preferred experience/qualifications:
Masters or PhD degree in Statistics or Econometrics
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 SAS 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 productionizing a model
Critical thinking and problemsolving aptitude with the ability to apply analytical rigor to complex business problems
Ability to present complex technical concepts clearly and effectively to nontechnical stakeholders and business partners
Proven ability to lead and mentor other data scientists
Ability to manage multiple projects simultaneously
Strong teamwork skills and ability to work across different departments
Additional preferred qualifications:
Experience in banking/ financial services
Experience with antifraud and/or antimoney laundering modeling
Handson experience building various types of AI/Machine Learning models including neural networks
Experience with cloud platforms like AWS Google Cloud or Azure
PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.
Job Description
- Oversees the development testing and/or validation of quantitative models used for important business decisions and policies. Conducts robust and comprehensive model review testing and analysis in accordance with all applicable review procedures and lifecycle standards.
- Oversees development of new model frameworks by supporting the line of business. Refines monitors and validates existing models. Conducts ongoing communication with model owners and model developers during the course of the review. Works with large data to create models.
- 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.
- Leads in the preparation and analysis of 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 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 PNCs Enterprise Risk Management Framework.
PNC also has fundamental expectations of our people managers. As a manager of talent in PNC you will be expected to:
- Include Intentionally Cultivates diverse teams and inclusive workplaces to expand thinking.
- Live the Values Role models our values with transparency and courage.
- Enable Change Takes action to drive change and innovation that will transform our business.
- Achieve Results Takes personal ownership to deliver results. Empowers and trusts others in decision making.
- Develop the Best Raises the bar with every talent decision and guides the achievement of all employees and customers.
Qualifications
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.
Preferred Skills
Analytical Thinking Credit Risks Data Analytics Financial Analysis Model Development Operational Risks Quantitative Models Risk AppetiteCompetencies
Bank Quantitative Analysis Consulting Data Gathering and Reporting Effective Communications Predictive Analytics Quantitative Techniques Regulatory Environment Financial Services TestingWork 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 experience is typically 8 years. At least 5 years of prior management experience is typically required. In lieu of a degree a comparable combination of education job specific certification(s) and experience (including military service) may be considered.Education
BachelorsCertifications
No Required Certification(s)Licenses
No Required License(s)Pay Transparency
Base Salary: $104000.00 $217100.00Salaries may vary based on geographic location market data and on individual skills experience and education. This role is incentive eligible with the payment based upon company business and/or individual performance.Application Window
Generally this opening is expected to be posted for two business days from 03/31/2025 although it may be longer with business discretion.Benefits
PNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility options for fulltime employees include: medical/prescription drug coverage (with a Health Savings Account feature) dental and vision options; employee and spouse/child life insurance; short and longterm disability protection; 401(k) with PNC match pension and stock purchase plans; dependent care reimbursement account; backup child/elder care; adoption surrogacy and doula reimbursement; educational assistance including select programs fully paid; a robust wellness program with financial incentives.In addition PNC generally provides the following paid time off depending on your eligibility: maternity and/or parental leave; up to 11 paid holidays each year; 8 occasional absence days each year unless otherwise required by law; between 15 to 25 vacation days each year depending on career level; and years of service.To learn more about these and other programs including benefits for full time and parttime employees visitYour PNC Total Rewards.
Disability Accommodations Statement
If an accommodation is required to participate in the application process please contact us via email at . Please include accommodation request in the subject line title and be sure to include your name the job ID and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also calland say Workday for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.
Equal Employment Opportunity (EEO)
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.
This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and for any registered role the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA) which prohibit the hiring of individuals with certain criminal history.
California Residents
Required Experience:
Manager
Employment Type
Full-Time
