Position OverviewAs a Technology Risk Manager Sr – Cyber Risk Quantification, you will serve as the senior risk leader responsible for establishing and overseeing quantitative technology risk management practices within the Line of Business. This role provides strategic leadership for the identification, measurement, monitoring, and reporting of technology risk exposures and supports executive decision-making through data-driven risk insights.
The position partners closely with Technology, Information Security, Operational Risk, Audit, Compliance, Finance, and Enterprise Risk Management teams to develop and mature Cyber Risk Quantification capabilities that align with PNC’s Enterprise Risk Management Framework and regulatory expectations.
Primary Responsibilities:
- Establishes and maintains a comprehensive Cyber Risk Quantification program that enables business and technology leaders to understand cyber, operational, infrastructure, and emerging technology risks in financial terms.
Develops cyber risk quantification methodologies, models, and frameworks to quantify technology risk exposures, including:
- Cybersecurity events
- System failures and outages
- Data loss and disclosure events
- Privilege misuse
- Fraud and technology-enabled scams
- Third-party technology dependencies
- AI and emerging technology risks
- Oversees development of risk scenarios, loss-event libraries, threat intelligence inputs, and control effectiveness analyses to support risk measurement activities.
- Partners with Technology and Information Security teams to identify key risk indicators, control performance metrics, risk concentration measures, and leading indicators that improve risk visibility and decision-making.
- Provides credible challenge and independent assessment of technology risk exposures, risk acceptance decisions, and remediation priorities.
Ensures Cyber Risk Quantification practices align with:
- Enterprise Risk Management Framework
- Operational Risk Management Standards
- OCC Heightened Standards
- Regulatory expectations for model governance and risk measurement
- Industry frameworks (NIST, FAIR, CIS, COBIT)
- Supports executive management, risk committees, and Board reporting through development of meaningful quantitative risk insights and scenario-based analyses.
- Leads cross-functional teams in the execution of technology risk assessments, stress testing, operational resilience analyses, and emerging risk evaluations.
- Monitors internal and external risk trends, threat landscape developments, technology modernization initiatives, and regulatory changes to identify emerging risks.
- Oversees the development of risk dashboards and risk appetite metrics that enable leaders to monitor technology risk exposure against established thresholds.
- Develops and mentors technology risk professionals while building organizational capabilities in quantitative risk analysis and risk-informed decision making.
Cyber Risk Quantification Responsibilities:
Technology Loss Modeling:
- Develops and enhances technology loss estimation methodologies.
- Evaluates loss frequency and severity drivers.
- Performs Monte Carlo, scenario-based, and probabilistic analyses where applicable.
- Supports capital planning and enterprise risk aggregation activities.
Risk Scenario Development:
- Leads development of enterprise technology risk scenarios across:
- Cybersecurity
- Infrastructure availability
- Cloud services
- Identity and Access Management
- Data protection
- Artificial Intelligence
- Third-Party Technology Risk
- Executive Risk Reporting
- Produces executive-level insights that translate technical risk into business impacts.
- Communicates risk exposure using financial, operational, customer, regulatory, and reputational impact perspectives.
- Presents findings to senior leadership, Steering Committees and other governance forums.
Cyber Risk Quantification Tools:
Has demonstrable proficiency in using Cyber Risk Quantification tools such as Axio 360, Ostrich Cyber Risk
Qualifications:
Successful candidates must demonstrate appropriate knowledge, skills, and abilities for the role. Listed below are the skills, competencies, work experience, education, and preferred certifications needed to be successful in this position.
Required Skills
Cyber Risk Quantification, Cyber Security, Third-Party Technology Strategic Planning, Risk Management Programs, Regulatory Compliance, People Leadership, Key Risk Indicators, Information Security, Influencing Change, Emerging Risks, Credible Challenge, Conflict Management, Cloud Governance
Competencies:
Decision Making and Critical Thinking, Effective Communications, Industry Knowledge, Information Security Management, Internal Controls, IT Environment, Managing Multiple Priorities, Operational Risk, Organizational Governance, Organizational Savvy and Politics, Regulatory Environment - Financial Services, Talent Management
PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals.
Job Description- Leads one or more large-scale technology risk functions or programs, driving execution and continuous enhancement of the technology risk management framework across multiple domains. Ensures comprehensive identification, assessment, mitigation, and monitoring of technology risks in alignment with business priorities and regulatory expectations.
- Establishes and drives governance processes across assigned areas, ensuring clear accountability, effective oversight, and consistent adoption of risk frameworks, policies, and standards.
- Directs complex risk identification and assessment efforts, with a forward-looking focus on emerging technologies, strategic initiatives, and cross-functional risk exposures. Drives execution of mitigation strategies and control improvements.
- Acts as a trusted advisor to senior technology leadership, providing insights on risk posture, influencing decision-making, and ensuring timely escalation and resolution of critical risks.
- Oversees risk reporting, metrics, and analytics, delivering clear, actionable insights while fostering a strong risk-aware culture and strengthening organizational capability in managing technology risk.
Preferred SkillsChange Management, Conflict Management, Crisis Management Planning, Emerging Risks, Operations Management, Program Risk Management, Risk Management Programs, Strategic Planning
CompetenciesDecision Making and Critical Thinking, Industry Knowledge, Information Security Management, Internal Controls, IT Environment, Organizational Savvy and Politics, Planning and Organizing
Work ExperienceRoles at this level typically require a university / college degree. Higher level education such as a Masters degree, PhD, or certifications is desirable. Industry-relevant experience is typically 8+ years. At least 5 years of prior management experience is typically required. Proven leadership experience with a moderate to large scope of responsibility is required. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
EducationBachelors
CertificationsNo Required Certification(s)
LicensesNo Required License(s)
Language Assessments
No Required or Preferred Language Assessments
Pay TransparencyBase Salary: $146,300.00 – $326,040.00
Salaries may vary based on geographic location, market data and on individual skills, experience, and education. This role is incentive eligible with the payment based upon company, business and/or individ
