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/Modeling Consultant Sr. within PNCs Internal Audit organization you can be based in Pittsburgh PA; Cleveland OH; Charlotte NC; Raleigh NC; Chicago IL; New York City NY; Dallas TX; Washington DC or Birmingham AL.

Responsibilities require time in the office or in the field on a regular basis. Some responsibilities may be performed remotely at managers discretion.

Are you interested in an opportunity to join a dynamic and transformative audit environment that encourages innovation champions data analytics promotes process automation and embraces emerging risks. PNCs Internal Audit department is composed of industry leaders who provide independent objective assurance and consulting services designed to add value and recommend improvement to the organizations operations. Using cutting edge technology you would participate in a collaborative setting and help guide PNCs Internal Audit department into the future.

We execute a Risk Based Audit Approach
We value Data Analytics and Automation
We leverage Continuous Monitoring/Auditing Techniques
We recruit develop and retain great talent

We are looking for individuals who are passionate about mitigating risk problem solving and protecting the bank and also can contribute in the following ways:

Provide an independent and objective perspective
Ability to manage risk and think strategically
Gather analyze and translate data into actionable insights
Work in an environment that requires a high level of accuracy and strong attention to detail
Communicate and collaborate effectively with team members and business partners

As a Quantitative Analytics and Model Development Consultant Sr. for PNCs Model Audit Team within Internal Audit you would provide oversight of all quantitative models within the PNC Bank and act as the third line of defense for the company. As a member of this team you would be expected to participate in all aspects of model audit activities and would work with the Primary Model Owner (PMO) and Model Risk Management Group (MRMG) to ensure that PNC Banks high impact models comply will all applicable internal and regulatory rules and policies. You would additionally:

Serve as subject matter expert to assigned areas and review model documentation and model validation reports to determine if the models are conceptually sound and compliant with the pertinent internal and regulatory policies. Document and communicate results and findings in Audit workpapers and Potential Audit Issues. Help prepare audit reports and support general audit process and control review activities related to traditional audit work as assigned. Where applicable guide other team members to aid their learning of various analytical tools and audit processes.
Conduct ongoing prior issue monitoring according to established follow-up and target completion dates. Perform remediation testing to determine if management has completed all work to recommend closure of regulatory MRAs (Matter Requiring Attention) and audit issues. This will involve creating the remediation testing plan deep dive into model documentation model validation reports other supporting material and analyses and meetings with clients and regulators.
Conduct data analytic and alternative modeling techniques to provide challenge to the datasets and models developed by model developers.
Provide general support functions including attendance at relevant meetings with the clients and regulators assisting in the preparation of meeting agendas and documenting meeting minutes.
Keep abreast of latest modeling techniques pertinent academic and semi-academic research and changes in the regulatory landscape.

The successful candidate will have the following qualifications:

Sound statistical mathematical and analytical background to be able to comprehend quantitative risk models used across the PNC bank. Should be a quick learner and be able to quickly acquire functional knowledge of different genre of models.
Good experience with widely used statistical and financial modeling software/ programming languages
Excellent communication and presentation skills and ability to build strategic and harmonious work relationships with the first and second line of defense.
Ability to work in a team environment that includes both quantitative and non-quantitative members.
Knowledge of one or more regulations such as CECL CCAR Anti-Money Laundering Fair Lending etc is highly desirable.
College degree preferably a Masters or PhD in a quantitative field such as Statistics Economics Finance Engineering Mathematics.
Depending on highest level of education a minimum of 5-8 years of experience in modeling or quantitative analytics in financial services.
Proficiency with one or more widely used programming techniques such as SAS Python R and SQL.
Prior experience in the financial services industry is preferred
Demonstrated project and time management skills; ability to work on multiple projects on a concurrent basis and able to meet tight deadlines.
Prior experience an interest in providing peer mentorship providing peer guidance and support to troubleshoot and resolve impediments and knowledge gaps

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 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.

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 Appetite

Competencies

Bank Quantitative Analysis Consulting Data Gathering and Reporting Effective Communications Predictive Analytics Quantitative Techniques Regulatory Environment - Financial Services Testing

Work 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 job specific certification(s) and experience (including military service) may be considered.

Education

Bachelors

Certifications

No Required Certification(s)

Licenses

No Required License(s)

Pay Transparency

Base Salary: $80000.00 $209300.00

Salaries 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 07/16/2025 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 full-time employees include: medical/prescription drug coverage (with a Health Savings Account feature) dental and vision options; employee and spouse/child life insurance; short and long-term disability protection; 401(k) with PNC match pension and stock purchase plans; dependent care reimbursement account; back-up 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 part-time 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 call and 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

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