Compliance Program Specialist Senior (Private Funds)

PNC Bank • Pittsburgh, PA

5d • $72,000 - $127,400

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(n) Compliance Program Specialist Senior within PNC's Regulatory Compliance Governance organization, you will be based in Philadelphia, PA, Pittsburgh, PA, Cleveland, OH, Baltimore, MD or Louisville, KY. As a Compliance Program Specialist Senior, you will support investment advisory subsidiaries of PNC that are registered with the U.S. Securities and Exchange Commission (SEC). Your primary role will be to support and enhance the compliance programs of RIAs that manage private equity (PNC Tax Credit) and private credit (PNC Steel City) funds. This position requires a strong understanding of compliance frameworks and the ability to navigate complex legal and financial requirements. Ideal candidates bring some experience in securities law, governance requirements and corporate compliance, along with a willingness to learn the private fund business from the CCO and a deeply experienced team. Familiarity with corporate and securities operations is highly valuable for success in this role. While a Juris Doctorate (JD) is preferred, it is not mandatory; however, the ability to interpret and apply legal and regulatory guidelines is essential. This role demands analytical thinking, attention to detail, and a commitment to maintaining the highest standards of compliance within a dynamic financial environment. 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.
• Roles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience.
• Certifications are often desired.
• 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

• Compliance Reporting
• Customer Risk
• Decision Making
• Regulatory Requirements
• Risk Assessments
• Risk Control
• Strategic Objectives

Responsibilities

• Plans the execution of compliance programs to prevent illegal, unethical, or improper business practices.
• Develops ability to constructively challenge conclusions/status quo.
• Supports key business initiatives by analyzing data to identify compliance risks.
• Assists in providing 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.
• Assesses activity for existing and emerging risks.
• Evaluates the materiality of the risks identified.
• Researches current laws, rules, and other regulatory requirements and drafts or assesses Compliance Manuals, Front Office materials, policies and procedures to ensure alignment.
• Manages the compliance monitoring program and reviews activity to ensure it falls within established risk control limits.
• Leads the execution of the Compliance program objectives for assigned area, products/services, and applicable regulations.
• Communicates and socializes compliance program objectives to business partners.
• Independently challenges analyses and formulates recommendations.
• Edits compliance reports.
• Analyzes the reports to identify deeper issues, escalates through proper governance channels as needed, and recommends corrective action plans.
• Assists in updating or implementing 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