Fiduciary Advisor III - Private Bank

PNC Bank • Philadelphia, PA

1d

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 Fiduciary Advisor III within PNC's Private Bank organization, you can be based in either Pittsburgh, PA or Philadelphia, PA. Monthly travel to Philadelphia is required. This role is responsible for daily trust administration, addressing the clients’ needs, and risk and compliance management. The advisor is responsible for the fiduciary management of existing, complex fiduciary accounts which PNC serves as trustee or guardian. You will engage with internal and outside legal counsel and will work with the local court system. Your presence will also be expected in court, and you may be required to testify at hearings. The ideal candidate will possess the following: Specific knowledge of trust, estate, and tax rules; investment principles; and fiduciary standards Current or prior fiduciary experience as a trust officer or the equivalent work experience Compliance and risk management experience 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 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

Nice To Haves

• Specific knowledge of trust, estate, and tax rules; investment principles; and fiduciary standards
• Current or prior fiduciary experience as a trust officer or the equivalent work experience
• Compliance and risk management experience
• Decision Making
• Finance Strategy
• Investment Management
• Legal Practices
• Real Estate Settlements
• Revenue Recognition
• Risk Assessments

Responsibilities

• Engages in fiduciary decision-making by executing the terms of any plan or document in which PNC serves as trustee, guardian or agent.
• Administers more complex fiduciary accounts and ensures compliance with all legal and fiduciary regulations, policies and procedures.
• Possesses a high degree of knowledge regarding types of trusts and how they operate both individually and together for the benefit of clients in family relationships.
• Delivers the full breadth of the fiduciary platform in order to grow the fiduciary business and assure the highest level of client experience.
• Administers assigned accounts in accordance with documents, state law, policy and procedure.
• Handles risk management and the resolution of legal and compliance-related issues for assigned accounts.
• Communicates with clients, solves problems and escalates anticipated or known client issues/concerns.
• Maintains and grows assets under management by working with clients, beneficiaries and gatekeepers.
• Meets with clients both on and off bank premises.
• Identifies other bank products and services as sales opportunities.
• Prospects for new clients by asking for referrals from existing clients.
• Cultivates a network through social contacts and community participation and developing a network of external Centers of Influence.
• Customizes customer communications or presentations to provide fiduciary advice and introduces planning concepts to meet client needs for assigned accounts.
• Prepares and presents appropriate analysis and recommendations for senior management or committee review.
• Escalates problems to senior management as appropriate.

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; 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.
• 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