Position Overview

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success. As an Internal Audit Team Manager Sr, you will be within PNC’s Internal Audit organization, supporting the Model Risk Audit team. This position is primarily based in a PNC location. Preferred locations are listed in this requisition. Responsibilities require time in the office or in the field on a regular basis. Some responsibilities may be performed remotely, at manager’s discretion.

• Responsible for continuously refining and executing a comprehensive audit program over all aspects of model risk management, including model design, implementation, validation and related governance processes.
• Evaluates overall model risk management coverage and ensures audit assessments are holistic and include individual model coverage in addition to overall model risk management coverage.
• Supports other audit teams in providing oversight to complex model aspects, coordinating activities between quantitative analysts and audit teams.
• Assists quantitative analysts in ensuring model issues are appropriately classified and communicated to audit teams and other relevant stakeholders.
• Performs continuous monitoring and auditing activities over model development, model risk management, and overall governance.
• Coordinates and assists in reviews of areas with significant model usage (credit risk, capital planning, asset-liability management, etc.)

• We execute a Risk Based Audit Approach
• We value Data Analytics and Automation
• We leverage Continuous Monitoring/Auditing Techniques
• We recruit, develop, and retain great talent
We are looking for individuals who are passionate about mitigating risk, problem solving, and protecting the bank and also can contribute in the following ways:

• Provide an independent and objective perspective
• Ability to manage risk and think strategically
• Encourage, motivate, and guide individuals or teams in learning and improving effectiveness
• Mobilize both time and resources efficiently to get things done
• Establish and build healthy working relations and partnerships with clients, vendors, and peers
• Challenge the status quo and drive innovative ideas and techniques
• Anticipate stakeholders needs, adapt to new approaches, and deliver business value and insights

Job Description

• Must have prior experience in model risk assurance activities (internal/externa audit, independent validation or second-line model risk management, or regulatory environment)
• Knowledge of modeling concepts and use in specialized areas within a financial institution
• Strong knowledge of regulatory frameworks and expectations related to model risk management and CCAR
• Plans and leads internal audits to assess the effectiveness of controls, accuracy of financial records, efficiency of operations, and compliance with applicable regulations.
• Performs planning and risk assessment activities, develops audit scope, objectives, and work plans. Selects appropriate audit tests, identifies key controls, and uses statistical methods, surveys, interviews and computer-assisted audit techniques. Performs detailed and general reviews of internal audit work paper documentation. May perform complex testing procedures and audit risk and control assessments.
• Makes recommendations regarding the deployment of team resources and performs talent management activities. Coaches and drives development of team members.
• Coordinates procedures and reviews work papers supporting audit of internal controls, business processes, and account balances.
• Maintains awareness of internal control audit trends to assure audit processes remain effective.

PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:

• Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able t