Chicago, Illinois

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To apply for this position please CLICK HERE 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 company's success. As a(n) [position title] within PNC's [name of division] organization, you will be based in [city/state location of position].

Job Profile

Position OverviewAt 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 company's success. The ALM Senior Associate - Balance Sheet Analytics Rep 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. 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%).

As an ALM Senior Associate, 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.

Job Description

In this position you will be responsible for leading financial analysis, quantitative analysis, and the development of credit loss estimation and profitability measurement methodologies 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, as well as creating and delivering presentations on regularly generated credit loss and profitability estimates. In addition, you will also develop ad-hoc analytics capabilities and solutions to support the distribution of credit portfolio and profitability insights across all levels of business leadership and management. You will be crucial in helping to generate strong cross-functional partnerships as well as supporting the broader Balance Sheet Analytics & Strategy group through contribution to PNC's capital planning, stress testing, and CECL reserve exercises, all the while helping to identify opportunities to leverage existing tools and/or develop new tools to support PNC's lending activities. Additionally, you may be required to support ongoing or emerging strategic priorities of the broader department, which may also include fostering the development of junior level staff, rotational analysts, and interns.

Due to the nature of this position, we are looking for candidates who have the ability to manage multiple projects and assignments at once under tight timelines, and who demonstrate advanced business and banking acumen. Successful candidates will also possess a quantitative aptitude (financial modeling, advanced proficiency with Excel, use of Python, R, SQL, Tableau) or the willingness, ability, and desire to develop working proficiency. In addition, we are looking for individuals who have an exceptional ability to think creatively and generate solutions, as well as have the ability to 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 will also be beneficial, but is not required for this position.

CompetenciesAccuracy 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 ExperienceRoles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience. Certifications are often desired. In lieu of a degree, a comparable combination of education and experience (including military service) may be considered.EducationBachelors

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 pathfinder@pnc.com.

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.

Chicago, Illinois

 

A Workplace that Welcomes Everyone
 
At PNC, we’ve built a culture based on respect, integrity and inclusion. A culture that’s open to new ideas, new insights and new voices. A culture where everyone can truly be themselves and make their thoughts and opinions known – it’s our differences that give us strength and make us who we are today. Here, you’re empowered and encouraged to make an impact on the world around you while being your most authentic self.
Investing in Our Employees

Attracting, recruiting and retaining a diverse workforce is essential to our success, providing us with a wealth of skills and ideas, increasing employee engagement and tying us closer to the communities we serve.

Embracing a Culture of Diversity

We champion a culture where employees feel confident presenting their ideas and are valued for their abilities.

Building Bridges With Our Customers & Communities

By deepening relationships with our diverse customers and markets, we identify and navigate new marketplace opportunities and improve the customer experience.