Compliance Program Manager Sr. - Merchant Services

PNC

3d•Hybrid

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 Manager Sr. within PNC's Merchant Services organization, you will be based in anywhere within PNC's footprint. This role requires strong expertise in Operational and Compliance Risk management, including a solid framework for AML/BSA compliance within a complex merchant services environment. The ideal candidate should have experience in Risk Control Self-Assessments (RCSAs) and in establishing, validating, and maintaining effective controls to protect the business. Experience partnering with Internal Audit and managing audit-related engagements is preferred. Demonstrated leadership skills are essential to influence stakeholders and maintain a strong control environment. This position may be eligible for remote work in select geographic locations, subject to approval by PNC. If approved, work must be conducted from a quiet, secure, and confidential home-based workspace. Occasional in-office participation may be required based on business needs. PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Requirements

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role.
Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.
Bachelors
No Required Certification(s)
No Required License(s)

Nice To Haves

Experience partnering with Internal Audit and managing audit-related engagements is preferred.
Higher level education such as a Masters degree, PhD, or certifications is desirable.
At least 5 years of prior management experience is typically required.
In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

Responsibilities

Establishes and enhances effective compliance programs and designs policies to identify and prevent illegal, unethical, or improper business practices.
Trains, monitors, and manages junior staff and remediates any issues.
Constructively challenges conclusions/status quo and uses established credibility to influence customers.
Supports key business initiatives by drawing conclusions from data to identify compliance risks.
Presents resolutions to manage and mitigate the identified risks to business partners.
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.
May include developing, facilitating, and conducting Compliance training programs for junior staff.
Assesses activity for existing and emerging risks.
Evaluates the materiality of the risks identified and presents recommendations on necessary risk mitigation to senior leadership.
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.
Manages regulatory examinations and inquiries, including the coordination of interviews and information requests from regulatory agencies.
Directs the compliance monitoring program and reviews activity to ensure it falls within established risk control limits.
Identifies and defines the Compliance program objectives for assigned area, products/services, and applicable regulations.
Communicates and socializes compliance program objectives to executive level business partners and junior staff, as applicable.
Independently challenges analyses and formulates value-added recommendations.
Advises junior staff on how to appropriately challenge analyses and how to formulate thoughtful recommendations as needed.
Completes a final review of compliance reports to identify common themes and widespread trends.
Escalates issues through proper governance channels as needed, and recommends corrective action plans.
Advises junior staff on report analysis techniques as applicable.
Proposes revisions and implementation strategy for new/enhanced reports in order to ensure timely and effective compliance with regulatory requirements.