PNC
Asset Liability Management Director - Repo Trader - FICC/Bilateral/Triparty
PNC, New York, New York, us, 10261
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.
Location Asset Liability Management Director within PNC’s Liquidity & Capital Planning Funding Desk organization, based in New York City. The position is primarily in a PNC location with time in the office or field; 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.
Job Description
Executes business strategy and coordinates responses and remediation activities. Performs financial analysis, conducts research and prepares and delivers presentations. Participates in stress testing efforts.
Consults with the business on relevant regulations related to liquidity and capital planning management.
Leads analytics/stress testing as it relates to liquidity and capital planning. May include executing equity/debt transactions related to liquidity and capital planning strategies.
Works with internal teams including business lines, Finance, Risk Management and Regulatory Affairs.
Manages ALM staff and processes.
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.
Employee Value
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.
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
Liquidity Management
Market Risk
Regulatory Environment – Financial Services
Work Experience Roles at this level typically require a university/college degree. Higher level education such as a Masters degree, PhD, or certifications is desirable. Industry‑relevant experience is typically 8+ years. 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: $80,000.00 – $247,000.00. 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.
Benefits PNC offers a comprehensive range of benefits to help meet your needs now and in the future. 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. Paid time off includes 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.
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.
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.
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Location Asset Liability Management Director within PNC’s Liquidity & Capital Planning Funding Desk organization, based in New York City. The position is primarily in a PNC location with time in the office or field; 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.
Job Description
Executes business strategy and coordinates responses and remediation activities. Performs financial analysis, conducts research and prepares and delivers presentations. Participates in stress testing efforts.
Consults with the business on relevant regulations related to liquidity and capital planning management.
Leads analytics/stress testing as it relates to liquidity and capital planning. May include executing equity/debt transactions related to liquidity and capital planning strategies.
Works with internal teams including business lines, Finance, Risk Management and Regulatory Affairs.
Manages ALM staff and processes.
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.
Employee Value
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.
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
Liquidity Management
Market Risk
Regulatory Environment – Financial Services
Work Experience Roles at this level typically require a university/college degree. Higher level education such as a Masters degree, PhD, or certifications is desirable. Industry‑relevant experience is typically 8+ years. 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: $80,000.00 – $247,000.00. 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.
Benefits PNC offers a comprehensive range of benefits to help meet your needs now and in the future. 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. Paid time off includes 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.
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.
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.
#J-18808-Ljbffr