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Portfolio Analytics & Strategy Specialist Sr at PNC in Pittsburgh, PA

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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 Portfolio Analytics & Strategy Specialist Sr. within PNC's Independent Risk Management organization, you will be based in our Pittsburgh, PA office. The ideal candidate will have experience in Loss Modeling & Management.
  • Seasoned loss modeling professional with experience as model owner or developer.
  • 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.
  • Leads and assists in oversight, review, and development new and revised models and calibrations.
  • Assists in ongoing management and enhancement of firm-wide enterprise valuation model and system.
  • Helps to ensure clarity and adherence on MRAs, validation issues, and assimilation of key regulatory and philosophical standards into framework and standards.
  • Active engagement in Credit Risk Management's CCAR challenge function and assists in firm's CECL adoption preparations, and in tactical considerations for the incorporation of forward-looking information into estimated credit losses (ECL), including scenario design, and qualitative overlay methodologies, and the forecasting life of loan ECLs.
  • Assists with all elements of model philosophy and framework ownership and has a clear and informed voice in establishment and maintenance of all philosophical elements, including control standards.

Job Profile

  • 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.

Core Competencies

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

  • Synthesizes 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, experience with and 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.

BANKING PRODUCTS - Extensive Experience

  • Knowledge of and ability to provide products and services available through the retail banking branch.

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.

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.
EEO Statement
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
VEVRAA Federal Contractor
We Request Priority Protected Veteran and Disabled Referrals for all of our locations

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