Compliance Program Advisor - Retail Deposits

PNC Bank • Pittsburgh, PA

16d • $65,000 - $149,500

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 a Compliance Program Advisor within PNC's Enterprise Compliance organization, you will support Retail Deposits, Distribution, and Operations, and Deposit Fraud Risk mitigation. This position will be responsible for providing independent subject matter advice and challenge on regulatory requirements applicable to the delivery of PNC Deposit Products and Services. Job responsibilities may include independent risk assessment, analysis, and monitoring activities of business strategies, products, services, operations, processes, and control environments. Job responsibilities include, but are not limited to: Complete independent Compliance risk analysis Provide advice, review, and challenge of line of business initiatives Review and challenge of Compliance risk and controls Identify and escalate concerns and emerging risk Perform monitoring activities to identify potential for risk This position is primarily based in a location within PNC’s footprint. PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position. Job Description Communicates effective compliance programs to identify and prevent illegal, unethical, or improper business practices. Coaches and mentors junior staff and raises issues to senior team members. Demonstrates ability to constructively challenge the status quo. Supports key business initiatives by analyzing and drawing conclusions from data to identify compliance risks. Provides resolutions to manage and mitigate the identified risks. If necessary, escalates identified risks to senior team members. Identifies compliance impact on matters such as marketing materials, sales programs, product development, documentation review and other business initiatives. Works cooperatively with the business, legal partners, audit and other risk disciplines across the organization. Assesses activity for existing and emerging risks. Evaluates the materiality of the risks identified and presents recommendations on necessary risk mitigation. Uses knowledge on current laws, rules, and other regulatory requirements and drafts or assesses Compliance Manuals, Front Office materials, policies and procedures to ensure alignment. Leads the compliance monitoring program and reviews activity to ensure it falls within established risk control limits. Helps to identify and define the compliance program objectives for assigned area, products/services, and applicable regulations. Communicates and socializes compliance program objectives to senior business partners. Independently challenges analyses and formulates insightful recommendations. Reviews compliance reports to identify deeper issues and common themes. Escalates issues through proper governance channels as needed, and recommends corrective action plans. Mentors and coaches junior staff on report analysis techniques as applicable. Updates and implements new/enhanced reports in order to ensure timely and effective compliance with regulatory requirements. 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

• Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role.
• Roles at this level typically require a university / college degree, with 5+ years of industry-relevant experience.
• 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.

Nice To Haves

• Expertise in regulatory requirements
• Knowledge of Retail Deposits, Retail Distribution, and Retail Operations
• Ability to work independently and manage multiple deliverables
• Self-motivated to achieve results
• Knowledge of the Independent Risk Management Framework
• Compliance Reporting
• Customer Risk
• Decision Making
• Regulatory Requirements
• Risk Assessments
• Risk Control
• Strategic Objectives
• Anti-money Laundering/Sanctions Policies and Procedures
• Audit And Compliance Function
• Fraud Management
• Internal Controls
• Problem Solving

Responsibilities

• Complete independent Compliance risk analysis
• Provide advice, review, and challenge of line of business initiatives
• Review and challenge of Compliance risk and controls
• Identify and escalate concerns and emerging risk
• Perform monitoring activities to identify potential for risk
• Communicates effective compliance programs to identify and prevent illegal, unethical, or improper business practices.
• Coaches and mentors junior staff and raises issues to senior team members.
• Demonstrates ability to constructively challenge the status quo.
• Supports key business initiatives by analyzing and drawing conclusions from data to identify compliance risks.
• Provides resolutions to manage and mitigate the identified risks.
• If necessary, escalates identified risks to senior team members.
• Identifies compliance impact on matters such as marketing materials, sales programs, product development, documentation review and other business initiatives.
• Works cooperatively with the business, legal partners, audit and other risk disciplines across the organization.
• Assesses activity for existing and emerging risks.
• Evaluates the materiality of the risks identified and presents recommendations on necessary risk mitigation.
• Uses knowledge on current laws, rules, and other regulatory requirements and drafts or assesses Compliance Manuals, Front Office materials, policies and procedures to ensure alignment.
• Leads the compliance monitoring program and reviews activity to ensure it falls within established risk control limits.
• Helps to identify and define the compliance program objectives for assigned area, products/services, and applicable regulations.
• Communicates and socializes compliance program objectives to senior business partners.
• Independently challenges analyses and formulates insightful recommendations.
• Reviews compliance reports to identify deeper issues and common themes.
• Escalates issues through proper governance channels as needed, and recommends corrective action plans.
• Mentors and coaches junior staff on report analysis techniques as applicable.
• Updates and implements new/enhanced reports in order to ensure timely and effective compliance with regulatory requirements.

Benefits

• PNC offers a comprehensive range of benefits to help meet your needs now and in the future.
• Depending on your eligibility, 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.
• In addition, PNC generally provides the following paid time off, depending on your eligibility: 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.
• To learn more about these and other programs, including benefits for full time and part-time employees, visit Your PNC Total Rewards .

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level