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 Asset & Liability Management Director - Individual Contributor you will be based in Pittsburgh, PA or New York, NY. This position is primarily based in a PNC office location. Responsibilities require time in the office or in the field on a regular basis. Some responsibilities may be performed remotely at manager's discretion.

This role as Managing Director (Independent Contributor) within PNC's ALM Corporate Treasury organization reports directly to the Head of Capital Planning and Management and includes opportunities to oversee and support a broad range of activities. This group is responsible for the strategy, analytics, and execution of capital management related activities at PNC. In addition, this role involves leading the ALM Corporate Treasury team’s efforts related to recovery and resolution planning. This team works closely with executive management, line of business, finance, risk management, internal audit, legal, and regulatory affairs partners across PNC.

Your work will contribute directly to ALM’s ongoing efforts in optimizing PNC’s capital and balance sheet, evaluating relevant risks, and maintaining compliance with regulatory requirements. Responsibilities include:
• Performing due diligence and analysis related to capital planning and management activities, including for capital optimization strategies.
• Leading and participating in annual capital stress testing efforts (CCAR) and development of PNC's capital plan.
• Assisting with planning and execution of PNC’s share repurchase program.
• Leading and performing research, financial analyses, and preparation of reports for PNC and peers using independent judgment and discretion.
• Coordinating ALM Corporate Treasury team’s overall activities related to recovery and resolution planning.
• Leading and participating in Capital Planning and Management team’s activities related to recovery and resolution planning, including scenario design and related analytics, trigger framework, documentation, governance, and reporting.
• Leading and assisting with the development of executive and board-level presentations.
• Presenting to senior management.
• Reviewing relevant regulations related to capital, liquidity, and recovery and resolution planning.


Preferred:
• Quantitatively focused undergraduate/graduate degree is preferred (Mathematics, Computer Science, Finance, Economics)
• MBA, CPA, CFA (or progress towards completion) a plus
• Operating knowledge of bank financial statements and/or credit risk preferred
• Prior experience in capital management, liquidity management, and/or recovery and resolution planning at a bank preferred

PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Job Description

• Executes business strategy and coordinates responses and moderately complex remediation activities. Performs financial analysis, conducts research and prepares and delivers presentations. Participates in stress testing efforts.
• Consults with the business and senior management on relevant regulations related to liquidity and capital planning management.
• Participates in team's analytics/stress testing as it relates to liquidity and capital planning. May include executing equity/debt transactions related to the liquidity and capital planning strategies.
• Works with internal teams including business lines, finance, risk management and regulatory affairs.
• Executes business strategy and coordinates responses and remediation activities. May manage ALM staff and processes.
• Prepares board presentations and defines governance and procedures related to liquidity and capital planning management.

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

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