Senior Quantitative Analytics and Model Consultant – Capital Markets Models

PNC

Quantitative Analytics and Model Consultant Senior performing independent reviews of Capital Markets models. Assessing model risks and collaborating with stakeholders for model validation processes.

Posted 5/22/2026full-timeTysons Corner • New York, Virginia • 🇺🇸 United StatesSenior💰 $80,000 - $209,300 per yearWebsite

Tech Stack

Tools & technologies

Python

About the role

Key responsibilities & impact

Perform qualitative and quantitative assessments of all aspects of models including data quality and integrity, theoretical assumptions and methodologies, and performance testing;
Assess conceptual soundness and performance of models based on detailed model documentation and testing results;
Perform independent testing of model assumptions;
Use quantitative tools and techniques to measure and analyze model risks;
Evaluate identified model risks and form clear, well-supported conclusions regarding model strengths and limitations;
Maintain ongoing communication with model stakeholders such as developers, owners, and reviewers;
Prepare comprehensive validation reports for internal/external audiences, including regulatory stakeholders, using applicable templates.

Requirements

What you’ll need

Master's or Ph.D. in a quantitative field such as Finance, Physics, Mathematics, or a related discipline with a stochastic calculus background.
8+ years of experience within the financial services industry in model development and/or model validation, covering one or more of the following areas: derivatives pricing, VaR, and counterparty credit risk.
Demonstrated ability to independently assess complex quantitative models, with strong written and verbal communication skills and the ability to clearly convey technical conclusions to diverse stakeholders.
Knowledge of regulatory requirements related to market and counterparty credit risk models, including derivatives pricing models, VaR models, PFE, CVA, and FVA.
Hands-on experience with Python; experience with QuantLib or other derivatives pricing libraries is preferred.

Benefits

Comp & perks

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

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

quantitative assessmentsdata qualitytheoretical assumptionsperformance testingmodel validationderivatives pricingVaRcounterparty credit riskstochastic calculusquantitative modeling

Soft Skills

independent assessmentwritten communicationverbal communicationstakeholder engagementclear technical conclusions