Full Job Description
The PNC Financial Services Group, Inc. seeks a Quantitative Analytics and Model Development Analyst Senior within PNC's Anti-Money Laundering Analytics & Modeling team in Raleigh, NC. Specific duties include: (1) work collaboratively with team members across the organization to perform data analyses, data mining, experimental design, and optimization to improve and develop statistical models for retail and lending product coverage; (2) identify opportunities to improve strategies and processes through adept data-based analyses; (3) design and implement initiatives utilizing segmentation strategies based on customer behavior and transactional profile analysis; (4) provide analytics for transaction monitoring decisioning and optimization to mitigate losses; (5) deliver presentations with empirically tested recommendations and insights to business partners and management team; (6) design, evaluate and validate statistical models to identify different types of customer behaviors; (7) handle, manipulate and analyze large datasets involving billions of customer transaction records using Big Data tools; (8) assist in model documentation; and (9) establish and maintain performance tracking to ensure that strategies are performing as expected.
Master's degree in Economics, Applied Economics, Engineering, Statistics, Mathematics or Finance plus 1 year of experience in advanced quantitative analyses, model development and monitoring for large organizations (>10,000 employees) in or for the financial services industry is required. Must have experience with: (1) managing, processing and analyzing large-scale datasets (multiple gigabytes of data); (2) using statistical analysis techniques including logistic regression, time series analysis, machine learning algorithms, and hypothesis testing; (3) utilizing data query tools including SQL, Python, Hadoop and Spark to manipulate, analyze and interpret data; (4) executing complex queries to clean and extract usable information from large data sets of numerical and textual data; (5) designing rich data visualizations to communicate complex ideas to customers or company leaders; and (6) programmatically extracting data from a database and an API and transforming the data into presentable form including either a ROC curve, map, or Tableau visualization.
PNC offers employees 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; maternity and parental leave; paid holidays, vacation days and occasional absence time; 401(k), pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption assistance; educational assistance and a robust wellness program with financial incentives. To learn more about these and other programs, including benefits for part-time employees, visit pncthrive.com.
