Market Investment Risk Professional II

PNC Financial Services Group

3.7

(51)

Pittsburgh, PA

Why you should apply for a job to PNC Financial Services Group:

  • 4.3/5 in supportive management
  • 75% say women are treated fairly and equally to men
  • 81% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • Tuition-free and other education options available
  • Up to 40 Hours Paid Time Off to Volunteer with Grow up Great®
  • Access to Progyny fertility coverage
  • #137043957

    Position summary

    liquidity risk, investment risk, capital adequacy, regulatory reporting requirements and/or credit/counterparty exposures; (ii) maintain risk management models/tools including review and validation of data sources, documentation and outputs; (iii) analyze and effectively communicate results of various processes such as market risk models/tools or reporting systems to support internal risk monitoring and/or regulatory requirements; (iv) assess and understand movements in risk parameters and their impact on risk; (v) initiate, lead and/or execute analytical projects, from solution design and data integrity evaluation through documentation and implementation; (vi) develop processes and complex quantitative analytical tools to measure, monitor and report market, liquidity and/or investment risk exposures; (vii) develop reporting infrastructure, including databases, for financial products, leveraging knowledge of computational methodologies, and assist other business groups to better utilize system capabilities and meet requirements; (viii) partner with model developers to design and user acceptance test new market risk models/tools; (ix) communicate effectively with internal and external stakeholders to support independent review and challenge, implementation, etc.; (x) advise and respond to business unit partners and other stakeholders on market, liquidity and/or investment risk related issues; and (xi) provide recommendations to ensure market, liquidity and/or investment risks are appropriately measured, monitored and reported.

    Master's degree in Computational Finance, Quantitative Finance, Economics, Financial Engineering, Statistics, or Applied Mathematics plus 1 year of financial industry experience relevant to market risk management is required. Must know (from any completed university-level coursework, seminars, workshops, or real-world, hands-on experience) the following: (i) risk management concept of Value at Risk; (ii) markets and valuation of financial products including fixed income securities and derivatives; (iii) statistical methods for analyzing financial data including regression and time series analyses using statistical languages; (iv) probabilistic techniques for finance including financial models that rely on stochastic calculus; (v) numerical methods for finance including Monte Carlo and optimization methods and finite difference methods for partial differential equations; and (vi) financial computing and analysis of financial data using languages including R, Python, and Matlab.

    40 hours/week, 8:00 a.m.-5:00 p.m.

    Benefits

    PNC offers employees 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; maternity and parental leave; paid holidays, vacation days and occasional absence time; 401(k), pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption assistance; educational assistance and a robust wellness program with financial incentives. To learn more about these and other programs, including benefits for part-time employees, visit pncbenefits.com > New to PNC.

    Disability Accommodations Statement:

    If an accommodation is required to participate in the application process, please contact us via email at [email protected]. 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 877-968-7762 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.

    California Residents

    Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.

    Why you should apply for a job to PNC Financial Services Group:

  • 4.3/5 in supportive management
  • 75% say women are treated fairly and equally to men
  • 81% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • Tuition-free and other education options available
  • Up to 40 Hours Paid Time Off to Volunteer with Grow up Great®
  • Access to Progyny fertility coverage