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Employer: PNC Bank
Location: Pittsburgh, PA, United States
Posted: November 03, 2009 Expires: February 03, 2010
Job Title: Quantitative Modeler
Description:

As an employee of PNC Financial Services Group, you become part of an organization committed to customers, employees, investors, and the communities in which we do business. PNC is an established, growing and successful financial services company, with businesses organized around retail and commercial banking, asset management, and funds processing. Our branches are concentrated in thirteen states and the District of Columbia; additional offices are located nationwide and internationally. We are growing in size and through recent acquisitions have become the fifth largest bank by deposits in the US. We are also growing in reputation, as a leader in areas such as work/life family culture, "green" building design, frontier technology, and strong corporate social responsibility.

PNC Financial Services Group is looking to fill a position based in Pittsburgh in the Corporate Performance Measurement group (CPM). This group works with internal business service partners, including credit portfolio management, capital markets, operational risk group, sales and marketing groups and senior management to provide modeling, model validation, and quantitative analysis of risk and performance.
As a Quantitative Modeler, you will focus specifically on PNC’s Corporate Finance sector and will provide timely and informative analysis as requested by service partners and senior management. The incumbent will also participate in building, maintaining, and validating models (such as operational risk model, credit portfolio models, capital market pricing and risk models, etc). Additionally, the incumbent will communicate the analysis results and explain the models effectively to service partners, senior management and regulators.
The successful candidate will have the following qualifications:
EDUCATION AND EXPERIENCE

• The ideal candidate must be of MS or PHD level in math, physics, statistics or similar quantitative subject
• Advanced knowledge of mathematical and/or statistical techniques
• Requires 3-5 years industry or research experience in financial markets/products
• Developing financial models is an major advantage
• Related risk management experience is preferred

SKILLS AND ABILITIES

• Strong analytic capabilities and desire to participate in structured model development
• Team player that likes putting ideas into practice
• Strong communications skills, in particular the ability to explain complex math/statistical concepts to a non-expert audience in easy-to-understand language
• Strong back ground in programming in C++, VBA/Excel, Matlab or S-PLUS is essential
• Excellent interpersonal skills and ability to work effectively with people in a wide range of positions
• Multi-tasking and adjusting priorities when situation requires

PNC is committed to offering you a comprehensive and competitive benefits package. We design our full time and part time benefits programs based on PNC's benefits philosophy to provide quality levels of coverage at affordable costs over the long term for both employees and PNC. We strive to balance the cost of providing competitive benefits with the need to cover employees with a wide range of protection during and after employment.

Options you may be able to consider include:
• Medical and Dental Coverage
• Life Insurance
• Part Time Benefits
• Education Assistance
• Paid Training
• Paid Vacation
• Competitive Pay
• Shift Differential
• 401(k) and Pension Plan
• Employee Stock Purchase Plan
• Flexible Schedules
• Growth Opportunity
• Work/Life Balance
PNC is an Equal Employment Opportunity/Affirmative Action Employer -- M/F/D/V/SO

To apply: Please visit https://content.pncmc.com/live/pnc/careers/main/index.html to officially apply.

When you apply, please mention that you saw this job on jobs.phds.org
Employer:

The PNC Financial Services Group, Inc. (New York Stock Exchange: PNC) is a Fortune 500, award-winning financial services company, headquartered in Pittsburgh, PA. Since it's founding over 150 years ago, PNC is a name that has come to stand for strength, integrity, and stability - among customers and employees alike.

Our diversified mix of businesses offers career opportunities in a variety of fields and locations set within a values-based culture including Credit, Customer Service, Investments (Licensed Brokers),Lending/ Underwriting, Operations, Real Estate Finance, Risk Management, Sales, Technology, Wealth Management.

With assets of $279 billion, PNC is one of the nation's largest financial services companies. And with more assets like you on our team, we hope to generate the momentum to achieve even greater success.

Ref Code: 608462
Job Type: Employee
Sector: Quantitative finance
Website: http://www.pnc.com
Salary: DOE
Hours: Full time
Categories: Quant Jobs, Mathematics Jobs, Physics Jobs, Statistics Jobs, Risk Analyst Jobs, Risk Modeler Jobs, Model Validation Jobs
Jobs Nearby: Jobs in Pittsburgh, PA, United States
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