Asset Liability Management Associate Director - Repo Trader - FICC/Bilateral/Triparty

Position Overview

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 an Asset Liability Management Associate Director within PNC's Liquidity & Capital Planning Funding Desk organization, you will be based in New York City.

This position is primarily based in a PNC location. Responsibilities require time in the office or in the field on a regular basis. Some responsibilities may be performed remotely, at manager discretion.

Key Responsibilities:
• Execute and manage repo trades (bilateral, FICC GSD & GCF, Triparty) to optimize liquidity positioning.
• Monitor and analyze intraday cash flows and liquidity forecasts to support funding decisions.
• Develop and maintain forecasting models and trading reports using Excel, Python, and Tableau.
• Produce market commentary and ad-hoc analysis on Treasury and repo market conditions.
• Collaborate with trading desks, risk teams, and capital markets to support enterprise liquidity strategy.
• Evaluate macroeconomic trends and their impact on repo rates and Treasury yields.
• Support counterparty credit risk assessments, including Basel III metrics and capital ratios.
• Assist in structuring and pricing analysis for Credit Risk Transfer (CRT) transactions.
• Prepare investor and regulatory presentations summarizing deal economics and performance.
• Partner with Technology and Operations teams on work related projects.


Qualifications:
• Bachelor’s degree in Finance, Economics, or a related field; advanced coursework in Business Analytics preferred.
• 2–4 years of experience in portfolio management, repo trading, or capital markets.
• Strong understanding of liquidity management, Treasury markets, and repo instruments.
• Experience with Python, Tableau, VBA, and SQL for financial modeling and reporting.
• Familiarity with Bloomberg Terminal and other market data tools.
• Excellent communication skills and ability to work in a fast-paced, deadline-driven environment.
• Demonstrated leadership and teamwork
• Prior work in a rotational analyst program or similar cross-functional role.PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Job Description

• Leads financial analysis, conducts research and prepares reports. Performs due diligence and statistical analysis related to liquidity and capital planning management. Participates in stress testing efforts. May facilitate business strategy and coordinate responses and remediation activities
• Reviews relevant regulations and peer research related to liquidity and capital planning management with executive management. May work with internal teams including business lines, Finance, Risk Management and Regulatory Affairs and assist with the development of executive or board-level presentations
• Manages and performs defined procedures, analyses and report preparation.  Performs data aggregation, quality assurance reporting, and routine transactions as a part of the group's liquidity and capital management responsibilities.
• Facilitates business strategy and coordinates responses and remediation activities.
• Assists in analytics/stress testing as it relates to capital and liquidity. May include executing equity/debt transactions related to liquidity and capital planning strategies.
• Using independent judgment, defines analysis required in the forecast, such as setting assumptions and determining key drivers.

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

Asset Allocation, Auditing Operations, Business Case Analyses, Capital Management, Data Analytics, Financial Analysis, Market Research, Strategic Planning

Competencies

Asset and Liability Management (ALM), Decision Making and Critical Thinking, Effective Communications, Financial Forecasting and Modeling, Financial Services Industry, Liquidity Management, Market Risk, Regulatory Environment - Financial Services

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: $84,500.00 – $209,300.00Salaries 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 09/22/2025, 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; 8 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 Your PNC Total Rewards.

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

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