PNC · 1 week ago
Asset and Liability Management (ALM) Associate Director (IC) - Portfolio Management
NY - New York (10173)
Full-time
Onsite
Mid, Senior Level, Lead/Staff
$65K/yr - $254K/yr
5+ years expPNC is one of the largest banks in the US based on domestic assets, and they are seeking an Asset and Liability Management Associate Director to support the Chief Investment Office. The role involves managing fixed income assets and derivatives, coordinating with various experts, and overseeing regulatory and governance projects.
BankingFinanceFinancial Services
No H1B
Responsibilities
Support senior staff in regulatory, governance, and other initiatives within the CIO Office and propose recommended actions to senior management
Coordinate with portfolio managers, modelers, and other subject matter experts on assignments
Oversee new projects and analytics which may include creation, maintenance and utilization of management reports to help the group meet their goals and directives
Make recommendations based on knowledge of markets and macroeconomics, banking and regulatory requirements; assesses the potential impact of these on PNC and the assigned business unit
Using independent judgment and discretion, performs or may lead transaction and portfolio level analysis, conducts research and prepares reports
Performs due diligence and statistical analysis related to portfolio management
Utilizes a working knowledge of financial instruments for the bank's investment portfolio, including research and collection of relevant information to contribute to investment decision making process and development of investment/trading strategies
Develops, maintains, and utilizes management reports and new projects for management that help the Group meet their goals and directives and help establish the risk position of the organization
Using discretion, identifies problems in analytics and develops solutions
Interacts with internal/external service partners, including broker dealers and/or analytics providers, and leverages their knowledge
Develops, administers and performs defined processes and procedures
Maintains knowledge of markets and macroeconomics and may make associated recommendations
Assesses the potential impact of these on ALM and the assigned business unit
Qualification
Required
5+ years of industry-relevant experience
University / college degree
Deep understanding of bank balance sheets and fixed income markets
Effective communication skills
Presentation creation and delivery skills
Analytical aptitude
Demonstrated project management ability
Attention to detail
Process orientation
Collaboration with a broad range of stakeholders
Knowledge of markets and macroeconomics
Ability to assess the potential impact of markets and macroeconomics on ALM and the assigned business unit
Preferred
Asset Allocation
Auditing Operations
Business Case Analyses
Credit Risk Analysis
Data Analytics
Data Visualization
Decision Making
Investments
Market Research
Benefits
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
401(k) with PNC match
Pension and stock purchase plans
Dependent care reimbursement account
Back-up child/elder care
Adoption, surrogacy, and doula reimbursement
Educational assistance, including select programs fully paid
A robust wellness program with financial incentives
Maternity and/or parental leave
Up to 11 paid holidays each year
9 occasional absence days each year, unless otherwise required by law
Between 15 to 25 vacation days each year, depending on career level
Years of service
Company
PNC
PNC is a financial service company providing bank deposits products and services to its community.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1975-11-17IPO
Leadership Team
Keith Hayes
SVP, PNC Aviation Finance
M
Michael Gaber
Senior Vice President - Originations
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