Compliance Program Advisor - Broker Dealer

PNC Bank•Pittsburgh, PA

5d•Onsite

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, you will be within PNC's Independent Risk Management (IRM) organization supporting the Enterprise Compliance Capital Markets team. The Compliance Program Advisor will be responsible for coordinating regulatory compliance efforts for PNC’s Broker Dealer organizations, planning, developing, and implementing Compliance Program activities, and recommending and driving changes to Broker Dealer groups’ Compliance Program, including related policies, procedures, and controls on an ongoing basis. This role also involves designing and implementing compliance monitoring activities over Broker Dealer group’s sales and trading practices, leading the communication and socialization of Broker Dealer group’s Compliance Program objectives to Line of Business Senior Management and other business partners, and supporting key Broker Dealer group initiatives by analyzing data to identify compliance risks. The advisor will assist in providing resolutions to manage and mitigate identified risks, and if necessary, escalate identified risks to Line of Business Senior Management. Additionally, the role identifies compliance impact on matters such as marketing materials, sales programs, product development, documentation review and other business initiatives, and develops and delivers regulatory compliance training to Broker Dealer group's personnel on an ongoing basis. The advisor will also monitor, research, and identify regulatory, compliance, and industry developments for emerging risks, and evaluates and communicates the materiality of the risks identified. FINRA regulatory licenses are preferred for this role but not required at time of employment. 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.

Requirements

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.
Bachelors degree
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.

Nice To Haves

FINRA regulatory licenses are preferred for this role but not required at time of employment.
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

Coordinating regulatory compliance efforts for PNC’s Broker Dealer organizations, planning, developing, and implementing Compliance Program activities, and recommending and driving changes to Broker Dealer groups’ Compliance Program, including related policies, procedures, and controls on an ongoing basis.
Designing and implementing compliance monitoring activities over Broker Dealer group’s sales and trading practices.
Leading the communication and socialization of Broker Dealer group’s Compliance Program objectives to Line of Business Senior Management and other business partners.
Supporting key Broker Dealer group initiatives by analyzing data to identify compliance risks.
Assists in providing resolutions to manage and mitigate the identified risks.
Escalates identified risks to Line of Business Senior Management if necessary.
Identifies compliance impact on matters such as marketing materials, sales programs, product development, documentation review and other business initiatives.
Developing and delivering regulatory compliance training to Broker Dealer group's personnel on an ongoing basis.
Monitoring, researching, and identifying regulatory, compliance, and industry developments for emerging risks, and evaluates and communicates the materiality of the risks identified.
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.
Escalates identified risks to senior team members if necessary.
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

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
9 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.