Compliance Program Specialist Senior - PNC Wealth Management
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 Specialist Senior within PNC Wealth Management, you will be based in Cleveland, OH at the 1900 E. 9th Street location or Charlotte, NC at the Piedmont Center Office. 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. RIA experience is strongly preferred. Seeking a candidate who has worked directly in an SEC‑registered investment adviser environment and has hands‑on experience with Advisers Act requirements (e.g., 206(4)-7 annual reviews, ADV updates, Marketing Rule compliance); ideally in a bank affiliated or complex RIA. 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. 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
- RIA experience is strongly preferred.
- Worked directly in an SEC‑registered investment adviser environment.
- Hands‑on experience with Advisers Act requirements (e.g., 206(4)-7 annual reviews, ADV updates, Marketing Rule compliance).
- Ideally in a bank affiliated or complex RIA.
- University / college degree, with 3+ years of relevant / direct industry experience.
- In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
- 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.
- Subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.
Nice To Haves
- 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
- Plans the execution of compliance programs to prevent illegal, unethical, or improper business practices.
- Supports key business initiatives by analyzing data to identify compliance risks.
- Assists in providing resolutions to manage and mitigate the identified risks.
- 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.
- 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
- 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
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What This Job Offers
Job Type
Full-time
Career Level
Senior
