Market Risk Management Intern (Non-Campus)

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. 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 the manager's discretion. As a Market Risk Management Intern within PNC's Market Risk Management organization, you will be located in Pittsburgh, PA. Specific duties include: Operating financial models related to market risk, liquidity risk, capital adequacy, regulatory reporting requirements and/or credit/counterparty exposures Maintaining risk management models including review and validation of data sources, documentation, outputs Analyzing results of various processes such as VaR models, Potential Future Exposure (PFE) models, capital adequacy, liquidity stress tests, backtesting and/or P&L attribution to support current regulatory requirements Assessing and understanding movements in risk parameters and their impact on risk Leading and executing analytical projects, from solution design and data integrity evaluation through documentation and implementation Partnering with model developers to design and user acceptance test new market risk models Developing reporting infrastructure, including databases, for financial products, leveraging knowledge of computational methodologies and assisting other business groups to better utilize system capabilities and meet requirements Preferences/Skills: Individuals who are working towards a Master's degree or recently completed Master's in the following fields: Computational Finance, Financial Engineering, Statistics, or Applied Mathematics is required. Work eligibility The candidate must be eligible to work in the US. PNC does not provide sponsorship for work visas or for permanent residency. 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.

Created: 2026-03-06