... analysts and uplift 1LOD quant capabilities while preserving 2LOD independence; coordinate team communications and contribute to internal thought leadership. PNC is an in-office company that fosters ...
... analysts and uplift 1LOD quant capabilities while preserving 2LOD independence; coordinate team communications and contribute to internal thought leadership. PNC is an in-office company that fosters ...
Risk and Compliance Analyst
Camp Hill, PA · On-site
... data analysis) to address relevant risk areas and to ensure proper controls are implemented ... quantitative impact assessments based on physical, technical, and administrative safeguards as well ...
Risk and Compliance Analyst
Camp Hill, PA · On-site
... data analysis) to address relevant risk areas and to ensure proper controls are implemented ... quantitative impact assessments based on physical, technical, and administrative safeguards as well ...
... data analysis) to address relevant risk areas and to ensure proper controls are implemented ... quantitative impact assessments based on physical, technical, and administrative safeguards as well ...
... data analysis) to address relevant risk areas and to ensure proper controls are implemented ... quantitative impact assessments based on physical, technical, and administrative safeguards as well ...
Principal Credit Risk & Pricing Analyst
Philadelphia, PA · Hybrid
$143.71K - $180K/yr
... Risk Team, generating the statistical analysis used to inform credit strategy. Will work with our ... Bachelor's degree in quantitative discipline required (Finance, Mathematics, Computer Science ...
Principal Credit Risk & Pricing Analyst
Philadelphia, PA · Hybrid
$143.71K - $180K/yr
... Risk Team, generating the statistical analysis used to inform credit strategy. Will work with our ... Bachelor's degree in quantitative discipline required (Finance, Mathematics, Computer Science ...
Principal Credit Risk & Pricing Analyst
Philadelphia, PA · Hybrid
$143.71K - $180K/yr
... Risk Team, generating the statistical analysis used to inform credit strategy. Will work with our ... Bachelor's degree in quantitative discipline required (Finance, Mathematics, Computer Science ...
Principal Credit Risk & Pricing Analyst
Philadelphia, PA · Hybrid
$143.71K - $180K/yr
... Risk Team, generating the statistical analysis used to inform credit strategy. Will work with our ... Bachelor's degree in quantitative discipline required (Finance, Mathematics, Computer Science ...
Managing Risk - Assessing and effectively managing all of the risks associated with their business ... Quantitative Analysis, Consulting, Data Gathering and Reporting, Effective Communications ...
Managing Risk - Assessing and effectively managing all of the risks associated with their business ... Quantitative Analysis, Consulting, Data Gathering and Reporting, Effective Communications ...
As a Quantitative Analytics & Model Analyst Senior within PNC's Data Model Analytics organization ... Knowledge of credit risk or portfolio metrics such as PD (Probability of Default), LGD (Loss Given ...
As a Quantitative Analytics & Model Analyst Senior within PNC's Data Model Analytics organization ... Knowledge of credit risk or portfolio metrics such as PD (Probability of Default), LGD (Loss Given ...
As a Quantitative Analytics & Model Development Analyst Senior within PNC's Data, Model & Analytics Line of Business Model Risk Management and Administrative organization, you will be based in ...
As a Quantitative Analytics & Model Development Analyst Senior within PNC's Data, Model & Analytics Line of Business Model Risk Management and Administrative organization, you will be based in ...
... The Quantitative Analyst II is responsible for supporting developing and maintaining complex ... Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity ...
... The Quantitative Analyst II is responsible for supporting developing and maintaining complex ... Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity ...
Quantitative Analyst II
Bellevue, PA · On-site
... The Quantitative Analyst II is responsible for supporting developing and maintaining complex ... Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity ...
Quantitative Analyst II
Bellevue, PA · On-site
... The Quantitative Analyst II is responsible for supporting developing and maintaining complex ... Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity ...
Quantitative Analyst II
Bellevue, PA · On-site
... The Quantitative Analyst II is responsible for supporting developing and maintaining complex ... Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity ...
Quantitative Analyst II
Bellevue, PA · On-site
... The Quantitative Analyst II is responsible for supporting developing and maintaining complex ... Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity ...
OH0713 NW Bancshares HQ, PA0258 Bellevue The Quantitative Analyst III is responsible for supporting ... Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity ...
OH0713 NW Bancshares HQ, PA0258 Bellevue The Quantitative Analyst III is responsible for supporting ... Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity ...
Quantitative Analyst III
Bellevue, PA · On-site
OH0713 NW Bancshares HQ, PA0258 Bellevue The Quantitative Analyst III is responsible for supporting ... Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity ...
Quantitative Analyst III
Bellevue, PA · On-site
OH0713 NW Bancshares HQ, PA0258 Bellevue The Quantitative Analyst III is responsible for supporting ... Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity ...
Quantitative Analyst III
Bellevue, PA · On-site
OH0713 NW Bancshares HQ, PA0258 Bellevue The Quantitative Analyst III is responsible for supporting ... Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity ...
Quantitative Analyst III
Bellevue, PA · On-site
OH0713 NW Bancshares HQ, PA0258 Bellevue The Quantitative Analyst III is responsible for supporting ... Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity ...
Develop and assess hedge strategies using stochastic projections, scenario analysis, and ... Are comfortable challenging assumptions - actuarial or quantitative - when results don't align with ...
Develop and assess hedge strategies using stochastic projections, scenario analysis, and ... Are comfortable challenging assumptions - actuarial or quantitative - when results don't align with ...
Develop and assess hedge strategies using stochastic projections, scenario analysis, and ... Are comfortable challenging assumptions -- actuarial or quantitative -- when results don't align ...
Develop and assess hedge strategies using stochastic projections, scenario analysis, and ... Are comfortable challenging assumptions -- actuarial or quantitative -- when results don't align ...
As a Quantitative Analytics & Model Development Analyst within PNC's Data Model Analytics ... In this role, you will work with key stakeholders across the bank to identify patterns and risk ...
As a Quantitative Analytics & Model Development Analyst within PNC's Data Model Analytics ... In this role, you will work with key stakeholders across the bank to identify patterns and risk ...
As a Quantitative Analytics & Model Development Analyst within PNC's Data Model Analytics ... Experience working with model risk governing bodies in model validation, and with model ...
As a Quantitative Analytics & Model Development Analyst within PNC's Data Model Analytics ... Experience working with model risk governing bodies in model validation, and with model ...
As a Senior Validator within PNC's Model Risk Management organization, you will be based in ... Independently performs the most complex quantitative analyses and models development to support ...
As a Senior Validator within PNC's Model Risk Management organization, you will be based in ... Independently performs the most complex quantitative analyses and models development to support ...
Develop and assess hedge strategies using stochastic projections, scenario analysis, and ... Are comfortable challenging assumptions - actuarial or quantitative - when results don't align with ...
Develop and assess hedge strategies using stochastic projections, scenario analysis, and ... Are comfortable challenging assumptions - actuarial or quantitative - when results don't align with ...
Quantitative Risk Analyst information
See Pennsylvania salary details
$56.6K - $73.4K
4% of jobs
$73.4K - $90.1K
10% of jobs
$90.1K - $106.8K
10% of jobs
$109.1K is the 25th percentile. Wages below this are outliers.
$106.8K - $123.5K
12% of jobs
The median wage is $129.4K / yr.
$123.5K - $140.2K
43% of jobs
$140.2K - $157K
9% of jobs
$157K - $173.7K
11% of jobs
$173.7K - $190.4K
0% of jobs
$190.4K - $207.1K
1% of jobs
$207.1K - $223.9K
2% of jobs
$223.9K - $240.6K
0% of jobs
$56.6K
$134.2K
$240.6K
How much do quantitative risk analyst jobs pay per year?
What are the key skills and qualifications needed to thrive as a Quantitative Risk Analyst, and why are they important?
What are some common challenges a Quantitative Risk Analyst faces when integrating new data sources into risk models?
What is a Quantitative Risk Analyst?
What is the difference between Quantitative Risk Analyst vs Credit Risk Analyst?
| Aspect | Quantitative Risk Analyst | Credit Risk Analyst |
|---|---|---|
| Required Credentials | Degree in finance, economics, or mathematics; certifications like FRM or CFA | Degree in finance, economics, or related; certifications like FRM or CFA often preferred |
| Work Environment | Financial institutions, investment firms, risk management departments | Banks, lending institutions, credit agencies |
| Employer & Industry Usage | Used across finance sectors for risk modeling and analysis | Primarily in banking and lending for assessing creditworthiness |
| Comparison Search Intent | Understanding differences in risk analysis roles | Distinguishing credit-specific risk roles from broader risk analysis |
While both roles involve risk assessment and require similar credentials, a Quantitative Risk Analyst focuses on modeling and analyzing various financial risks using quantitative methods across multiple risk types. In contrast, a Credit Risk Analyst specializes in evaluating creditworthiness and managing credit risk specifically within lending and banking sectors.
Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 21 days ago
PNC Bank rating
7.8
Based on 331 frontline employees who took The Breakroom Quiz
66th of 141 rated banks
Job description
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 a LOB Risk Lead within PNC's Enterprise Technology Risk organization, you will be based in Dallas, TX, Pittsburgh, PA, Strongsville, OH, Birmingham, AL or Phoenix, AZ.
Position Overview:
As a LOB Risk Lead in the Enterprise Technology Risk organization, you will lead the development, application, and continuous enhancement of quantitative cyber and technology risk practices in support of (1LOD) activities. You will apply risk principles and industry frameworks to ensure consistent, explainable, and defensible risk decisions across the enterprise, balancing protection, resiliency, and business strategy.
This role is hands-on analytical and engineering-oriented: you will build and validate quantification models, calibrate scenarios, produce loss exceedance curves, and translate uncertainty into actionable decisions for senior leadership and risk committees.
Knowledge/Skills/Abilities:
• Lead enterprise cyber risk quantification using FAIR, Monte Carlo simulation, calibrated estimation, and complementary statistical methods.
• Define risk analysis scope, assumptions, and ranges; build and maintain reusable quantification models for major threat scenarios.
• Produce loss exceedance curves, VaR/expected loss metrics, scenario rankings, and sensitivity analyses to inform risk appetite, tolerances, and prioritization.
• Conduct independent 2LOD challenge of 1LOD scenarios, control efficacy claims, KRIs/KPIs, tools, and quantification approaches for transparency and model risk fitness.
• Integrate internal/external loss data, threat intel, control telemetry, vulnerability data, and insurance information with clear lineage and defensible methodology.
• Maintain model inventories, documentation, testing, and validation artifacts to meet audit and regulatory expectations.
• Work closely with the vendor to calibrate, enhance, update, and manage the model.
• Deliver executive ready reporting for committees covering top cyber risks, trending, LEC changes, capital/stress impacts, and appetite/tolerance considerations.
• Ensure alignment of cyber/tech risk quantification with policy, regulatory standards, operational risk, resiliency, and scenario analysis programs.
• Facilitate cross functional workshops with engineering, threat intel, IR, privacy, legal, compliance, audit, and operations to calibrate scenarios and drive shared understanding.
• Mentor analysts and uplift 1LOD quant capabilities while preserving 2LOD independence; coordinate team communications and contribute to internal thought leadership.
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.
PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.
Job Description
- Establishes Line of Business risk management strategy and oversees the execution of the risk management programs. Serves as an advocate for the risk management program.
- Ensures the risk management strategies and programs are established, maintained and enhanced to support the businesses in managing their risks while meeting business and regulatory expectations.
- Oversees the timely and proper execution of the risk management program within and/or across the lines of business. Includes consultation to execute the program components.
- Provides risk expertise while working with the businesses and other risk partners (e.g., Compliance, Credit, Legal, Audit). Monitors changes in internal and external factors and identifies emerging risks.
- Leads and engages cross functional teams and develops internal capabilities.
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 to leverage that information in creating customized customer solutions.
- Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.
Qualifications
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.
Preferred Skills
Change Management, Conflict Management, Crisis Management, Critical Incident Stress Management (CISM), Emerging Risks, Influencing Change, Operations Management, Risk Management Programs, Strategic Planning
Competencies
Collaborating, Data Gathering and Reporting, Decision Making and Critical Thinking, Effective Communications, Industry Knowledge, Internal Controls, Operational Risk, Organizational Governance, Process Management, Regulatory Environment - Financial Services, Standard Operating Procedures
Work Experience
Roles at this level typically require a university / college degree, with 5+ years of industry-relevant experience. Specific certifications are often required. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
Education
Bachelors
Certifications
No Required Certification(s)
Licenses
No Required License(s)
Pay Transparency
Base Salary: $65,000.00 - $157,300.00
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 individual performance.
Application Window
Generally, this opening is expected to be posted for two business days from 02/03/2026, although it may be longer with business discretion.
Benefits
PNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include: 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.
In addition, PNC generally provides the following paid time off, depending on your eligibility: 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; and years of service.
To learn more about these and other programs, including benefits for full time and part-time employees, visit pncthrive.com.
Disability Accommodations Statement
If an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com. Please include "accommodation request" in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.
Equal Employment Opportunity (EEO)
PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.
This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.
California Residents
Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.
About PNC Bank
Sourced by ZipRecruiter
Industry
Banking and credit intermediation
Company size
10,000+ Employees
Headquarters location
Pittsburgh, PA, US
Year founded
1852