PNC Asset Liability Management Senior Associate - Balance Sheet Analytics 

United States, Ohio, Cleveland 

330124191

As an Asset Liability Management (ALM) Senior Associate within PNC's Asset Liability Management - Balance Sheet Analytics organization, you will be based in Cleveland, OH. This position is primarily based in a PNC location. Responsibilities require time in the office or in the field on a regular basis (2 days per week).  Some responsibilities may be performed remotely, at manager’s discretion.Preferred skills
• Bachelor’s degree with a financial, technical, or quantitative focus strongly preferred.
• At least 3 years of related professional experience (finance, data analytics, etc.) required.
• Familiarity with financial and accounting concepts preferred.
• Strong Microsoft Excel & SQL skills preferred. Significant programming experience is desired.
• Experience with Quantitative Risk Management (QRM) software a plus but not required.
• The successful candidate will be intellectually curious and an effective problem solver.
Job Description

• Maintain an accurate representation of products on the firm’s balance sheet. This involves using Asset Liability Management modeling software extensively to ensure different components of the balance sheet are loaded, represented, and modeled appropriately.
• Perform monthly analysis of Economic Value of Equity and Duration of Equity under various assumed interest rate environments.
• Assist in the ongoing maintenance of financial and behavioral models.
• Maintain documentation for various models and perform model performance monitoring.
• Participate in development and testing of deposit rate and balance runoff models.
• Ad hoc development and maintenance of reporting.
• Leads financial analysis, conducts research and prepares reports. Performs due diligence and statistical analysis related to the balance sheet. Participates in stress testing efforts.
• Based on own discretion, researches and collects information for PNC's balance sheet.
• Reviews and presents risk analytics/stress testing material including documentation and templates to senior team members for federal submission.
• Reviews and analyzes data for modeling activities. Reconciles and performs quality review of data. May be responsible for model development.
• Partners with lines of business in understanding specific line items of PNC's balance sheet and income statement.

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.

Accuracy and Attention to Detail, Asset and Liability Management (ALM), Data Gathering and Reporting, Decision Making and Critical Thinking, Effective Communications, Financial Analysis, Financial Services Industry, Market Risk, Regulatory Environment - Financial ServicesRoles 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, 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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