the smart solution for New York jobs

ALM Associate / ALM Sr Associate

Company: PNC Financial Services Group
Location: New York
Posted on: June 13, 2018

Job Description:

Position OverviewAs an Associate or Senior Associate within the ALM Investments group of PNC, you will be located in New York, NY. The level for this position will depend on the experience and qualifications of the selected candidate.The Associate or Senior Associate will be part of the Quantitative Research and Modeling group within ALM Investments. The incumbent will develop models and analytics related to a rich variety of fixed-income assets and other important and highly visible processes within the firm.Modeling projects or focus areas may include:1.) Mortgage prepayment modeling2.) Credit modeling3.) Interest rate term structure models4.) Stress testing5.) Econometric models6.) Model validationThe ideal candidate will have an exceptional academic background with emphasis in quantitative research. A strong understanding of statistical modeling and simulations, along with being adept at efficiently handling large quantities of data will be necessary.Job ProfileAs an ALM Associate or ALM Sr. Associate, this role will require the use of independent judgment on methods, performs (may lead depending on the role) 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.Manages and performs defined procedures, analysis and report preparation for decision making tasks. Performs data aggregation and quality assurance to ensure timely and accurate management reporting. Dependant on the role placed into, may be responsible for the review and presentation of risk analytics/stress testing material including documentation and templates to senior team members for federal submission.Prepares and aggregates data for modeling activities, may be responsible for the review and analysis of data for modeling activities. Reconciles and performs quality review of data. May be responsible for model development.Consult with lines of business in responding to various ALM requirements. May partner with lines of business in understanding specific line items of PNC's balance sheet and income statement. Core CompetenciesManages Risk --- Basic Experience Assesses and effectively manages all of the risks associated with their business objectives and activities to ensure activities are in alignment with the bank's and unit's risk appetite and risk management framework. Customer Focus --- Working Experience Knowledge of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions, and ability to leverage that information in creating customized customer solutions. --Job Specific CompetenciesAccuracy and Attention to Detail --- Working Experience Understanding of the necessity and value of accuracy and attention to detail; ability to process information with high levels of accuracy. Asset and Liability Management (ALM) --- Working Experience Knowledge of asset and liability tools, techniques and business practices; ability to manage, measure, and monitor risks associated with assets and liabilities. Data Gathering and Reporting --- Working Experience Knowledge of and ability to utilize tools, techniques and processes for gathering and reporting data in a particular department or division of a company. Effective Communications --- Working Experience Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors. Financial Analysis --- Working Experience Knowledge of and ability to read, interpret and draw accurate conclusions from financial and numerical material. Financial Forecasting and Modeling --- Working Experience Knowledge of and ability to use processes, tools, and techniques for exploring and evaluating alternative financial scenarios and results. FINANCIAL SERVICES INDUSTRY --- Working Experience Knowledge of financial services industry trends, directions, major issues, regulatory considerations and trendsetters; ability to provide specific financial knowledge and experience to help organizational development. Market Risk --- Working Experience Knowledge of processes, tools, and techniques used for analyzing market risk; ability to assess and manage investment exposures to market risk. Regulatory Environment - Financial Services --- Working Experience Knowledge of and ability to help an organization adapt to applicable federal, state, local, and company-specific regulations, policies, and guidelines affecting business practices. --Required Education and ExperienceRoles 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 and experience may be considered.EEO StatementPNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law

Keywords: PNC Financial Services Group, New York, ALM Associate / ALM Sr Associate, Other, New York, New York

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Other Other Jobs

Manhattan Biology Tutor Jobs
Description: Manhattan Biology Tutor JobsVarsity Tutors has students in Manhattan looking for Biology tutoring.Varsity Tutors is a live learning platform that connects tutors with students to provide personalized
Company: Varsity Tutors
Location: New York
Posted on: 06/20/2018

IP Associate
Description: This general practice firm is looking to add an IP Attorney experienced in electronics,
Company: Premier Legal Staffing, Inc.
Location: Staten Island
Posted on: 06/20/2018

Dedicated CDL-A Truck Drivers-Home Daily-Great Pay [284]
Description: Hub Group Dedicated needs CDL-A flatbed drivers in the Fairless Hills, PA area This is a local position, so enjoy going home at the end
Company: Hub Group
Location: Lansdale
Posted on: 06/20/2018

Sitter Wanted - Booking A Talented Babysitting Service Provider In Bloomfield
Description: Posting: br Hello my name is Sachi. I'm booking a baby sitter living in Bloomfield, New Jersey. I aim
Company: Sitter
Location: Bloomfield
Posted on: 06/20/2018

Real Estate Account Executive
Description: Do you get Real Estate Understand the value of accurate data Can you go toe-to-toe with the commercial real estate industry's leaders br br If you're a sales leader with proven experience selling (more...)
Company: CompStak
Location: New York
Posted on: 06/20/2018

Lead Generation Specialist
Description: Lead Generation Specialist br The Lead Generation Specialist will be responsible for driving sales through initiating telephone contact with a wide variety of sourced leads and to identify, qualify, (more...)
Company: Vivial
Location: New York
Posted on: 06/20/2018

Real Estate - Licensed Associates Only - White Plains
Description: You may have seen our signs or heard good things about how we do business, but here is what you really need to know about Keller Williams Realty. We are 100 dedicated to helping you build your real estate (more...)
Company: Keller Williams Realty
Location: White Plains
Posted on: 06/20/2018

Class A CDL Truck- No Experience? No Problem. Will Train!
Description: SWIFT REFRIGERATED A Class A Driving Career for a Lifetime No Experience No Problem We'll train you Paid CDL Training. Be in demand as a Class A Tractor Trailer
Company: Swift Refrigeration
Location: East Orange
Posted on: 06/20/2018

College Students - The New York Times Collegiate Event Coordinator
Description: The New York Times, a leading global, multimedia news and information company, is seeking a Collegiate Event Coordinator at your college/university. We are looking for highly motivated, passionate individuals (more...)
Company: The Campus Agency
Location: Villanova
Posted on: 06/20/2018

Over The Road Company Driver
Description: What We Offer Company Drivers and Students: Starting at .40- .44 CPM with incentives to make more Benefits
Company: Gaines Express
Location: Elizabeth
Posted on: 06/20/2018

Log In or Create An Account


Forgot password?

Find us on Facebook

Find us on LinkedIn

Get the latest New York jobs by following @recnetNY on Twitter!

New York RSS job feeds