AML Sanctions Specialist Sr - AML Data Operations & Analytics

PNC•Pittsburgh, PA

3d•Onsite

About The Position

Develops plans and assists in the overall implementation of enterprise wide and business unit Anti-Money Laundering (AML) and Sanctions Programs to prevent illegal, unethical, or improper business practices. Assists in the execution and oversight of activities to comply with the Bank Secrecy Act, AML, USA PATRIOT ACT and Sanctions Program requirements. Developing ability to constructively challenge conclusions/status quo. Update AML and Sanctions policies and procedures as needed. Ensure that Compliance Manuals, Front Office Manuals, policies and procedures accurately reflect current laws, rules, other regulatory requirements and management intent. Independently challenges analyses, reviews and recommendations. Identify and define the AML and Sanctions objectives for assigned line(s) of business, products/services and applicable regulations. Communicate and socialize those objectives (from a leadership position) to the business. Coordinate AML and Sanctions compliance monitoring and oversee preparation of compliance reports. May serve as a resource regarding AML and Sanctions compliance impact on overall business activities, product development and customer activities. Prepares and edits AML and Sanctions compliance reports and/or customer risk profiles. Identifies issues, recommends corrective action plans and escalates through proper governance channels as needed. Analyzes assessments of AML and Sanctions risk and internal controls. Researches AML and Sanctions regulatory developments. Assists, as appropriate, in updating or implementing new/enhanced processes in order to ensure timely and effective compliance with new AML and Sanctions regulatory requirements. Supports key business initiatives by identifying AML and Sanctions Compliance risks and providing resolutions to manage these risks. Serves as a resource regarding AML and Sanctions compliance impact on such matters on overall business activities, product development and customer activities. 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.

Requirements

Proficient in SQL including regular usage for multi-table querying.
Ability to use one or more analytical tools including SAS, Python, PySpark, JupyterHub.
Committed to continual learning.
Ability to communicate conclusions from complex data topics to a wide range of audiences.
Understanding of Payments and BSA/AML compliance functions is preferred.
3+ years of analytical experience.
Bachelors degree.
Roles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience.
In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

Nice To Haves

Understanding of Payments and BSA/AML compliance functions is preferred.

Responsibilities

Develops plans and assists in the overall implementation of enterprise wide and business unit Anti-Money Laundering (AML) and Sanctions Programs to prevent illegal, unethical, or improper business practices.
Assists in the execution and oversight of activities to comply with the Bank Secrecy Act, AML, USA PATRIOT ACT and Sanctions Program requirements.
Update AML and Sanctions policies and procedures as needed.
Ensure that Compliance Manuals, Front Office Manuals, policies and procedures accurately reflect current laws, rules, other regulatory requirements and management intent.
Independently challenges analyses, reviews and recommendations.
Identify and define the AML and Sanctions objectives for assigned line(s) of business, products/services and applicable regulations.
Communicate and socialize those objectives (from a leadership position) to the business.
Coordinate AML and Sanctions compliance monitoring and oversee preparation of compliance reports.
May serve as a resource regarding AML and Sanctions compliance impact on overall business activities, product development and customer activities.
Prepares and edits AML and Sanctions compliance reports and/or customer risk profiles.
Identifies issues, recommends corrective action plans and escalates through proper governance channels as needed.
Analyzes assessments of AML and Sanctions risk and internal controls.
Researches AML and Sanctions regulatory developments.
Assists, as appropriate, in updating or implementing new/enhanced processes in order to ensure timely and effective compliance with new AML and Sanctions regulatory requirements.
Supports key business initiatives by identifying AML and Sanctions Compliance risks and providing resolutions to manage these risks.
Serves as a resource regarding AML and Sanctions compliance impact on such matters on overall business activities, product development and customer activities.