Description
Fixed Income Quantitative Analyst – PNC Capital Advisors
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 Fixed Income Quantitative Analyst within the PNC Capital Advisors organization, you will be based in Cleveland OH, Baltimore MD or Chicago IL. Responsibilities require time in the office or in the field on a regular basis. Some responsibilities may be performed remotely, at the manager’s discretion.
***PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.***
PNC Capital Advisors (PCA) is a Registered Investment Advisor (RIA) that specializes in managing taxable fixed income portfolios for institutional clients. Investment strategies range from liquidity and short duration through core and liability hedging strategies. As of June 30, 2025, PCA manages $44B in AUM. PCA is a wholly owned subsidiary of PNC Bank.
Job Description
- Under general supervision, performs advanced quantitative analyses and models development to support decision-making by running quantitative strategies.
- Analyzes and develops new model frameworks by supporting the line of business. Refines, monitors, and reviews existing models. Conducts on-going communication with model owners and model developers during the course of the review. Works with large data to create models.
- Performs quantitative analysis and develops reports. Performs qualitative and quantitative assessments of all aspects of models including theoretical aspects, model design and implementation as well as data quality and integrity. Analyzes complex data and associated quantitative analysis.
- Uses quantitative tools and techniques to measure and analyze model risks and reaches conclusions on strengths and limitations of the model.
- Prepares and analyzes detailed documents for validation and regulatory compliance, using applicable templates.
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
Analytical Thinking, Credit Risks, Data Analytics, Financial Analysis, Model Development, Operational Risks, Quantitative Models, Risk Appetite
Competencies
Bank Quantitative Analysis, Consulting, Data Gathering and Reporting, Effective Communications, Predictive Analytics, Quantitative Techniques, Regulatory Environment - Financial Services, Testing
Work Experience
Roles at this level typically require a university / college degree, with 2+ years of relevant professional experience. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
Education
Bachelors
Pay Transparency
Base Salary: $45,000.00 – $124,200.00
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.
To learn more or submit your resume, visit www.pnc.jobs and search by keyword ‘R196183’.
https://careers.pnc.com/global/en/job/R196183/Fixed-Income-Quantitative-Analyst-PNC-Capital-Advisors
PNC provides equal 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.
