PNC ALM Associate - Portfolio Management 

United States, New York, New York 

960703238

As an ALM Associate within PNC's Chief Investment Office organization, you will be based in New York City, NY. This position is primarily based in a PNC location. Responsibilities require time in the office or in the field on a regular basis.  Some responsibilities may be performed remotely, at manager’s discretion.
• Support senior staff in regulatory, governance, and other initiatives within the Asset & Liability Management group’s investments team and propose recommended actions to senior management.
• Coordinate with portfolio managers, modelers, and other subject matter experts on assignments.
• Oversees new projects and analytics which may include creation, maintenance and utilization of management reports to help the group meet their goals and directives.
• Make recommendations based on knowledge of markets and macroeconomics, banking and regulatory requirements; assesses the potential impact of these on ALM and the assigned business unit.
Job Description

• Using independent judgment and discretion, assists in performing transaction and portfolio level analysis, conducting research and preparing reports. Performs due diligence and statistical analysis related to portfolio management.
• Analyzes and understands financial instruments for the bank's investment portfolio, including research and collection of relevant information based on independent judgment.
• Develops and maintains management reports that help the group meet their goals and directives. These reports are used for internal management to help establish the risk position of the organization.
• Administers and performs defined processes and procedures.
• Develops a practical understanding of markets and macroeconomics to be used in analysis of the ALM function.

PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:

• Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
• Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.

Qualifications

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and requiredneeded to be successful in this position.

Roles at this level typically require a university / college degree, with 2+ years of relevant professional experience. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.No Required Certification(s)No Required License(s)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. In addition, PNC generally provides the following paid time off, depending on your eligibility*: maternity and/or parental leave; up to 11 paid holidays each year; 8 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.

California Residents

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