Bank Risk Investment Officer

Bank Risk Investment Officer

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 Bank Risk Investment Officer you will support PNC's Market Risk Oversight organization. We are seeking a risk manager to join our team, reporting directly to the Head of Capital Markets Risk Oversight. This role is critical in managing market risk across the Capital Markets business, with a strong focus on Interest Rate Derivatives, FX, Commodities, Structured Products, and advanced risk metrics such as VaR, CVA, and stress testing. Key responsibilities include:

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

Risk Framework Development: Design, implement, and continuously enhance market risk assessment, limit frameworks, and monitoring tools.

Analytics & Technology: Develop and maintain advanced analytics leveraging Python and SQL; build tools to improve risk transparency and decision-making.

Cross-Functional Collaboration: Work closely with Front Office, Finance, IT, Legal, Compliance, and other stakeholders to ensure integrated risk management.

Daily Risk Monitoring: Oversee risk exposures, validate adherence to limits, and escalate breaches promptly.

Quantitative Analysis: Quantify and analyze complex risks including PFE, VaR, CVA, and stress scenarios.

Regulatory Engagement: Represent Market Risk Oversight in regulatory and audit reviews, ensuring timely and accurate responses.

Capital Markets Committees: Actively participate and provide risk insights to senior management and governance forums.

Preferred qualifications include:

Experience: 510 years in Capital Markets risk management or related roles.

Product Knowledge: Good understanding of at least one of the 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.

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.