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PNC · 3 weeks ago

Bank Risk Investment Officer

New York, NY

Full-time

Onsite

Mid, Senior Level

$125K/yr - $277K/yr

5+ years exp

PNC is a leading financial services company that values its people as its greatest differentiator. The Bank Risk Investment Officer will manage market risk across the Capital Markets business, focusing on various financial instruments and ensuring effective risk oversight and analytics.

BankingFinanceFinancial Services

No H1B

Responsibilities

Support the Head of Capital Markets Risk Oversight in defining and executing the risk oversight strategy for trading and structured products

Design, implement, and continuously enhance market risk assessment, limit frameworks, and monitoring tools

Develop and maintain advanced analytics leveraging Python and SQL; build tools to improve risk transparency and decision-making

Work closely with Front Office, Finance, IT, Legal, Compliance, and other stakeholders to ensure integrated risk management

Oversee risk exposures, validate adherence to limits, and escalate breaches promptly

Quantify and analyze complex risks including PFE, VaR, CVA, and stress scenarios

Represent Market Risk Oversight in regulatory and audit reviews, ensuring timely and accurate responses

Actively participate and provide risk insights to senior management and governance forums

Qualification

Market Risk ManagementPythonSQLVaRInterest Rate DerivativesFXCommoditiesStructured ProductsData AnalyticsAnalytical ThinkingCredit RisksFinancial AnalysisModel DevelopmentOperational RisksQuantitative ModelsRisk AppetiteCollaborationGrowth Mindset

Required

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position

Roles at this level typically require a university / college degree as well as a Masters degree, PhD, or certifications. Industry-relevant experience is typically 8+ years. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered

Bachelors

Preferred

Experience: 5–10 years in Capital Markets risk management or related roles

Product Knowledge: Good understanding of at least one of following market: Interest Rate Derivatives, FX, Commodities, Structured Products, and associated risk methodologies

Technical Skills: Proficiency in Python and SQL; ability to develop analytics and automate processes. Knowledge of Murex is a strong plus

Risk Metrics Expertise: Hands-on experience with VaR, PFE, stress testing, and other advanced risk measures

Education: Bachelor's or Master's degree in Finance, Economics, Mathematics, or related field

Collaboration: Strong ability to partner across functions and influence stakeholders

Growth Mindset: Willingness to learn, adapt, and grow within the organization

Analytical Thinking, Credit Risks, Data Analytics, Financial Analysis, Model Development, Operational Risks, Quantitative Models, Risk Appetite

Bank Quantitative Analysis, Consulting, Data Gathering and Reporting, Predictive Analytics, Quantitative Techniques, Regulatory Environment - Financial Services, Testing