Compliance Program Advisor

PNC•Pittsburgh, PA

4d•$76,000 - $156,000•Onsite

About The Position

PNC is hiring a Compliance Program Specialist senior in its compliance organization, based in Charlotte, North Carolina; Pittsburgh, Pennsylvania; or Cleveland, Ohio. The role provides independent compliance oversight and subject matter expertise for broker-dealer and insurance activities, particularly annuity products. It advises on regulatory requirements, product and business initiatives, supervisory controls, sales practices, and customer outcomes. PNC describes itself as an in-office company and encourages candidates to discuss workplace expectations with their recruiter and hiring manager. PNC will not provide employment visa sponsorship or participate in STEM OPT for this position. The position communicates and supports effective compliance programs to identify and prevent improper business practices. It assesses existing and emerging risks, leads compliance monitoring, analyzes reports and data, recommends risk mitigation and corrective actions, and escalates material concerns through appropriate governance channels. It also reviews policies, procedures, compliance manuals, front-office materials, marketing and sales programs, product documentation, and monitoring reports for regulatory alignment and effectiveness. The role serves as a key compliance advisor for new and existing insurance and annuity products, enhancements, and distribution strategies. It evaluates product features, complexity, target markets, compensation, liquidity restrictions, disclosures, training, supervisory controls, and investor-protection considerations. The advisor works with business leadership, product management, supervision, legal, risk management, audit, and other stakeholders; constructively challenges business proposals; translates complex regulatory requirements into actionable guidance; and mentors junior staff. The role typically requires a university or college degree and 5 or more years of industry-relevant experience. A comparable combination of education, job-specific certifications, and experience may be considered in lieu of a degree. A bachelor's degree is listed under Education. No certification or license is required. The position is incentive eligible, with payment based on company, business, and/or individual performance.

Requirements

University or college degree; a bachelor's degree is listed under Education. A comparable combination of education, job-specific certifications, and experience may be considered in lieu of a degree.
5 or more years of industry-relevant experience.
Experience with broker-dealer and insurance compliance, including annuity products, suitability, sales practices, and supervisory requirements.
Working knowledge of FINRA rules, SEC regulations, Regulation Best Interest, and applicable state insurance regulatory requirements.
Practical understanding of variable, fixed, fixed indexed, and registered index-linked annuities, including product features, risks, and distribution considerations.
Experience evaluating new products, business initiatives, regulatory risks, or supervisory controls.
Ability to assess compliance risks, analyze data and reports, recommend mitigation, and escalate material issues.
Ability to interpret regulatory requirements and communicate actionable guidance to business partners.
Ability to constructively challenge business decisions and work collaboratively with business, legal, audit, and risk partners.

Nice To Haves

Preferred skills include compliance reporting, customer risk, decision-making, regulatory requirements, risk assessments, risk control, and strategic objectives.
Competencies include anti-money laundering and sanctions policies and procedures, audit and compliance function, fraud management, internal controls, and problem solving.

Responsibilities

Provide subject matter expertise and independent compliance oversight for broker-dealer and insurance activities, particularly annuity products.
Interpret and apply FINRA, SEC, Regulation Best Interest, and state insurance requirements related to suitability, disclosures, supervision, and sales practices.
Evaluate compliance policies, procedures, supervisory controls, and monitoring for gaps, emerging risks, and opportunities for improvement.
Advise on annuity exchanges, replacements, surrender considerations, compensation structures, and potential conflicts of interest.
Support regulatory examinations, inquiries, remediation, and resolution of compliance matters.
Review new and existing insurance and annuity products, enhancements, and distribution strategies, including product features, complexity, target markets, compensation, liquidity restrictions, and investor-protection considerations.
Provide constructive challenge to business proposals and distribution strategies and assess associated regulatory, compliance, and reputational risks.
Participate in product governance committees, business risk assessments, and strategic discussions involving insurance and investment offerings.
Assess product training, disclosures, supervisory controls, and ongoing monitoring.
Build effective working relationships with business leadership, product management, supervision, legal, risk management, audit, and other stakeholders.
Translate complex regulatory requirements into clear, actionable business guidance and advise leadership about regulatory and industry developments.
Exercise independent judgment and escalate material compliance concerns, including concerns involving product risk, sales practices, and customer outcomes.
Communicate effective compliance programs to identify and prevent illegal, unethical, or improper business practices; coach and mentor junior staff.
Analyze data and business initiatives to identify compliance risks, recommend resolutions, and escalate risks when necessary.
Assess the materiality of existing and emerging risks and recommend appropriate mitigation.
Draft or assess compliance manuals, front-office materials, policies, and procedures for alignment with current laws, rules, and regulatory requirements.
Lead the compliance monitoring program and review activity against established risk-control limits.
Help define and communicate compliance program objectives for assigned areas, products, services, and regulations; independently challenge analyses and develop recommendations.
Review compliance reports for deeper issues and common themes, escalate issues through governance channels, recommend corrective action plans, and update or implement reports for timely and effective compliance.
Mentor and coach junior staff on report analysis techniques, as applicable.

Benefits

Medical and 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 and elder care.
Adoption, surrogacy, and doula reimbursement.
Educational assistance, including select fully paid programs.
Wellness program with financial incentives.
Maternity and/or parental leave, depending on eligibility.
Up to 11 paid holidays each year, depending on eligibility.
9 occasional absence days each year, unless otherwise required by law, depending on eligibility.
15 to 25 vacation days each year, depending on career level and eligibility.