Apply on Employer Site

PNC · 4 hours ago

Portfolio Analytics and Strategy Specialist

PA - Pittsburgh (15222)

Full-time

Onsite

Senior Level

5+ years exp

PNC is a financial services company that values its employees as its greatest differentiator. The Portfolio Analytics and Strategy Specialist will focus on monitoring and evaluating governance activities across capital stress testing and loan loss reserve processes, while conducting financial analyses and collaborating with various teams to design risk mitigation strategies.

BankingFinanceFinancial Services

No H1B

Responsibilities

Administers the line of business (LOB’s) established risk and control assessment (RCSA) governance framework that supports regulatory processes for the Comprehensive Capital Analysis and Review (CCAR), Current Expected Credit Losses (CECL) forecasts including extensive operational, Sarbanes Oxley (SOX), and End User Computing control frameworks

Conducts financial and regulatory reporting analyses to evaluate control effectiveness related to the LOB’s regulatory and operational processes

Manages internal and external process evaluation engagement requests ensuring information provided to requestors accurately represents the LOB’s governance and oversight activities

Partners with LOB process owners, credit teams, data providers, and model developers to design and monitor risk mitigation strategies that support the LOB’s RCSA

Supports the annual CCAR evaluation/submission process by assisting with internal team requests as needed

Applies audit and/or risk governance expertise to advise on effective governance functions and recommend new controls and/or procedural changes

Coordinates with the LOB, Finance, Enterprise Testing Services, Internal Audit, and Internal Risk partners to assess risk governance frameworks

Actively manages the LOB’s SharePoint control execution platform, functionality, and evidence storage libraries

Utilizes PNCs risk and governance system of record (SOR) to ensure accuracy/alignment with SharePoint control information

Completes other projects and provides LOB assistance where assigned

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

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

Qualification

Data AnalyticsFinancial AnalysisModel DevelopmentCredit RisksOperational RisksQuantitative ModelsRisk AppetiteAnalytical ThinkingBig Data ManagementBusiness AnalyticsMathematics of Financial InstrumentsPerformance MeasurementPredictive AnalyticsPricing ModelsRegulatory EnvironmentRisk Management Banking

Required

University / college degree

5+ years of industry-relevant experience

In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered