AML Sanctions Advisor - Consumer Banking and Retail Distribution

PNC • Pittsburgh, PA

392d

About The Position

The AML Sanctions Advisor at PNC is responsible for providing expert guidance and oversight on Anti-Money Laundering (AML) and sanctions compliance within the retail banking sector. This role involves critical evaluation of risk assessments, maintaining compliance with regulatory requirements, and fostering effective risk management practices across the organization. The advisor will work closely with various stakeholders to ensure that the bank's operations align with the Bank Secrecy Act, USA PATRIOT Act, and other relevant regulations, while also contributing to the development of training programs and compliance policies.

Requirements

• 5+ years of experience with AML and Risk & Control Assessments (RSCA's).
• Knowledge of retail banking and consumer products & services.
• Strong analytical skills and attention to detail.
• Ability to constructively challenge conclusions and influence stakeholders.

Nice To Haves

• Experience in compliance reporting and customer risk assessment.
• Familiarity with regulatory requirements and risk control frameworks.
• Strong decision-making skills and strategic thinking.

Responsibilities

• Provide critical challenge to front-line units regarding BSA/AML risk exposure.
• Review and challenge the development and adequacy of risk metrics at various management levels.
• Independently review and provide guidance on BSA/AML risk assessment programs for retail products.
• Provide oversight to retail initiatives and risk assessments, leveraging risk management frameworks.
• Escalate deficiencies in risk and controls programs to key stakeholders and document findings.
• Maintain strong relationships with leadership and risk management teams to promote effective risk management.
• Monitor suspicious activity and escalate potential issues through Suspicious Incident Reports (SIRs).
• Update compliance policies and procedures to reflect current regulations and management intent.
• Coordinate regulatory examinations and inquiries, including interviews and information requests.
• Identify and define AML and sanctions program objectives for assigned business lines and products.

Benefits

• Medical/prescription drug coverage with 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 support.
• Adoption, surrogacy, and doula reimbursement.
• Educational assistance programs.
• Robust wellness program with financial incentives.
• Paid maternity and/or parental leave.
• Up to 11 paid holidays each year.
• 8 occasional absence days each year.
• 15 to 25 vacation days each year, depending on career level and years of service.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree