ALM Associate Director-Balance Sheet Analytics at PNC (Pittsburgh, PA)

| Pittsburgh, PA
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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 our employees feel respected, valued, and have an opportunity to contribute to the company's success.
The ALM Associate Director-(BSAM) is a hybrid position which provides flexibility to work both in the office and remotely and is based in Pittsburgh, PA, Cleveland, OH, or Chicago, IL. Other markets may also be considered for a well-qualified candidate. Certain job responsibilities may require time in the market's local office. Depending on the market in which a successful candidate is placed, travel may be required on an infrequent basis (< 10%).

Job Description

As an ALM Associate Director, you will be a member of the Profitability Strategy & Analytics team within PNC's Asset and Liability Management (ALM) organization. Your work will contribute to ALM's efforts in optimizing PNC's capital and returns on a risk-adjusted basis for all balance sheet and revenue opportunities. ALM manages the balance sheet and supports our business partners in their activities through building and utilizing industry leading analytics, models, and decision-making tools.

In this position you will be responsible for leading financial analysis, quantitative analysis, and the development of credit loss estimation and profitability measurement approaches which support strategic decision making by PNC's senior and executive leadership team. You will also work to synthesize data into meaningful insights and key takeaways, which includes creating pitchbooks on emerging opportunities to partner cross-functionally within and outside of the department to deliver value-add tools and/or analytics to PNC's business leaders. You will lead the development of strategic relationships and foster existing relationships, while partnering closely with stakeholders to deliver innovative business analytics. You will lead the development of ad-hoc analytics capabilities and solutions to support the distribution of credit portfolio and profitability insights across all levels of business leadership and management.

At times, this role will also support key initiatives of the broader Balance Sheet Analytics & Strategy group by contributing to work efforts relating to PNC's capital planning, stress testing, and CECL reserve exercises. As a senior member of the team, you will be expected to provide indirect oversight and supervision of junior staff and their work product.

Successful Candidates Skills:

Based on the nature of the position, we are looking for candidates who can manage multiple projects and assignments at once under tight timelines and demonstrate advanced business and banking acumen. Preferred candidates will possess a quantitative aptitude (financial modeling, advanced proficiency with Excel, use of Python, R, SQL, Tableau) or the willingness, ability, and desire to develop proficiency with such tools. In addition, we are looking for candidates who possess an exceptional ability to think creatively and generate solutions, as well as effectively communicate the appropriate level of detail given varying audiences. Knowledge of Hadoop and/or PySpark is a plus. MBA, CPA, CFA or progress towards any is a plus, but is not required for this position.

Competencies

Accuracy and Attention to Detail - Understanding of the necessity and value of accuracy and attention to detail; ability to process information with high levels of accuracy.

Asset and Liability Management (ALM) - Knowledge of asset and liability tools, techniques and business practices; ability to manage, measure, and monitor risks associated with assets and liabilities.

Data Gathering and Reporting - Knowledge of and ability to utilize tools, techniques and processes for gathering and reporting data in a particular department or division of a company.

Decision Making and Critical Thinking - Understanding of the issues related to the decision-making process; ability to analyze situations fully and accurately, and reach productive decisions.

Effective Communications - Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.

Financial Analysis - Knowledge of and ability to read, interpret and draw accurate conclusions from financial and numerical material.

Financial Services Industry - Knowledge of financial services industry trends, directions, major issues, regulatory considerations and trendsetters; ability to provide specific financial knowledge and experience to help organizational development.

Market Risk - Knowledge of processes, tools, and techniques used for analyzing market risk; ability to assess and manage investment exposures to market risk.

Regulatory Environment - Financial Services - Knowledge of and ability to help an organization adapt to applicable federal, state, local, and company-specific regulations, policies, and guidelines affecting business practices.

Work Experience

Roles at this level typically require a university / college degree, with 5+ years of industry-relevant experience. Specific certifications are often required. In lieu of a degree, a comparable combination of education and experience (including military service) may be considered.

Education

Bachelors

Additional Job Description

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:

The PNC workplace is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the PNC Careers website or submission process, please call 877-968-7762 and select Option 4: Recruiting or contact us via email at [email protected]

The Human Resources Service Center hours of operation are Monday - Friday 9:00 AM to 5:00 PM ET.

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.
More Information on PNC
PNC operates in the Fintech industry. The company is located in Pittsburgh, PA. PNC was founded in 2022. It has 50977 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability Insurance, Dental Benefits, Vision Benefits, Health Insurance Benefits and Life Insurance. To see all 321 open jobs at PNC, click here.
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