AML Sanctions Group Manager - Chief Know Your Customer (KYC) Officer

PNC Financial Services Group • Philadelphia, PA

237d

About The Position

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 AML Sanctions Group Manager for the Know Your Customer (KYC) team within PNC's Enterprise AML Advisory organization, you will be based in Pittsburgh, PA; Cleveland, OH; Raleigh, NC; or Charlotte, NC. Other locations may be considered as well. The incumbent will lead the Know Your Customer (KYC) team providing governance and oversight of the KYC Program. As the KYC Officer, you will be responsible for maintaining and establishing KYC policy requirements for the Enterprise. Responsibilities include new product, service and technology evaluations, review and challenge assessment of policy and procedure exceptions and risk rating overrides, and development and oversight of a horizontal risk assessment. Other responsibilities include the evaluation of customer and transaction risk and providing subject matter expertise and guidance related to corresponding Bank Secrecy and Anti-Money core Laundering Regulations associated with KYC.

Requirements

• Prior KYC business line banking, bank operations, or operations risk management experience supporting bank products and services is required.
• Demonstrate a sound understanding of the BSA/AML regulations either through practical experience in core BSA/AML operational functions or a governance role.
• Proven leadership experience with a moderate to large scope of responsibility is required.
• 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.
• At least 5 years of prior management experience is typically required.

Nice To Haves

• FinTech experience is a plus.
• Certifications such as the Certified Anti-Money Specialist (CAMS) and or other recognized programs are a plus.

Responsibilities

• Oversees, establishes and enhances effective enterprise wide and business unit AML and Sanctions programs and designs policies to prevent or identify illegal, unethical, or improper business practices.
• Responsible for junior staff and talent management.
• May lead or oversee direct or indirect execution of activities to comply with the Bank Secrecy Act, AML, USA PATRIOT ACT and Sanctions Program.
• Constructively challenges conclusions/status quo.
• Exhibits confidence and credibility with service partners, business leaders, customers, regulators, and auditors.
• Ensures that AML and Sanctions Compliance Manuals, Front Office Manuals, policies and procedures accurately reflect current laws, rules, other regulatory requirements and management intent.
• Oversees the management of regulatory examinations and inquiries, including the coordination of interviews and information requests from regulatory agencies or law enforcement.
• Independently challenges analyses, reviews and recommendations.
• Establishes and oversees the AML and Sanctions objectives for assigned line(s) of business, products/services and applicable regulations.
• Responsible for socializing those objectives (from a leadership position) to the business.
• Ensures the timely completion of AML and Sanctions compliance reports and customer risk profiles.
• May serve as a subject matter resource regarding AML and Sanctions compliance and associated impact on overall business activities, product development and customer activities.
• Oversees one or more specific AML and Sanctions program component.
• Responsible for the completion and a final review of AML and Sanctions compliance reports.
• Manages issues, escalates through proper governance channels as needed, and recommends corrective action plans.
• Reviews and reports on assessments of AML and Sanctions compliance risk and internal controls, as appropriate.
• Monitors regulatory developments and advises business management and senior staff of proposed rule changes and provide recommendations.
• Directs and enhances AML and Sanctions related controls associated with key business initiatives.
• May include developing and/or conducting AML and Sanctions training programs for specific business areas and employees.
• Serves as an AML and Sanctions Program subject matter resource regarding compliance impact on overall business activities, product development and customer activities.
• Works cooperatively with the business, legal partners, audit and other risk disciplines across the organization.

Benefits

• 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
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees