Portfolio Analytics & Strategy Specialist Sr.
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. This role is based in Cleveland, Ohio. PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance.
About the role
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.
Responsibilities
- Provide financial and regulatory reporting and analyses to maintain controls over financial and regulatory reporting processes.
- Run complex business performance, risk, and operational analytics, including developing analytical methods/models to assess market, credit, and operational risk.
- Analyze large datasets to improve risk-adjusted returns, deliver profitable growth, and communicate conclusions.
- Synthesize analytical results and implement business strategies to improve lending decisions, manage risk, and increase revenues.
- Establish baselines for strategies and track performance against expectations.
- Develop and execute segmentation and targeting strategies using predictive models and third-party data.
- Manage engagements with internal and external information suppliers to ensure solutions are fit for purpose.
- Communicate regulatory and financial accounting impacts to regulators and PNC control functions.
- Interact with regulators, internal audit, and management regarding credit portfolio analyses and risk appetite.
- Design, develop, and monitor test designs and analytical reporting to enhance strategies.
- Collaborate with business, Finance, and Risk partners to assess and establish credit risk appetite and related policies.
Requirements
- Demonstrated knowledge, skills, and abilities for the role.
- Preferred skills: Analytical Thinking, Credit Risks, Data Analytics, Financial Analysis, Model Development, Operational Risks, Quantitative Models, Risk Appetite.
- Competencies: Analytical Approach, Banking Products, Big Data Management and Analytics, Business Analytics, Credit Risk, Mathematics of Financial Instruments, Operational Risk, Performance Measurement, Predictive Analytics, Pricing Models and Analytics, Regulatory Environment - Financial Services, Risk Management.
- Typically requires a university/college degree; higher-level education such as a Masters degree, PhD, or certifications is desirable.
- Industry-relevant experience of 8+ years.
- In lieu of a degree, a comparable combination of education, job-specific certification(s), and experience (including military service) may be considered.
- Bachelor’s degree required.
- No required certifications or licenses.
Pay
Base Salary: $112,000.00 – $208,000.00. Salaries may vary based on geographic location, market data, and individual skills, experience, and education. This role is incentive eligible with payment based upon company, business, and/or individual performance.
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.
- Paid time off, including:
- Maternity and/or parental leave.
- Up to 11 paid holidays each year.
- 9 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, visit pncthrive.com.