Operations Advisor - Derivatives Trade Reporting

PNC•Home Location-PA (PAH01), PA

1d•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 an Operations Advisor - Derivatives Trade Reporting within PNC's Investment Operations organization, you will be based remotely in Pittsburgh, PA. As a member of the Swap Dealer Regulatory Operations team, you will play a key role in ensuring the accuracy, completeness, and integrity of swap transaction data reported to regulatory repositories. This position is responsible for the daily monitoring, validation, and reconciliation of swap reporting data in compliance with CFTC regulations, including Parts 43, 45, and 23. In this role, you will investigate and resolve reporting discrepancies, support portfolio reconciliation activities, and help maintain the quality of data used for regulatory reporting and risk management purposes. You will partner with Operations, Technology, Compliance, Risk, and business stakeholders to identify issues, drive resolutions, and support regulatory obligations. In addition to day-to-day operational responsibilities, you will have the opportunity to contribute to strategic initiatives focused on enhancing and modernizing PNC's swap reporting and reconciliation processes. These efforts may include process improvements, automation, system enhancements, and the implementation of regulatory or business-driven changes. Location: This position is based in Pittsburgh, PA. Candidates must reside within 60 miles of Pittsburgh and be available to attend periodic in-person business obligations, including meetings, training, and team events. Outside of these required in-person commitments, the role offers the flexibility to work remotely. 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

Roles at this level typically require a university / college degree, with 2+ years of relevant professional experience. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
Accuracy and Attention to Detail
Consulting
Decision Making and Critical Thinking
Effective Communications
Managing Multiple Priorities
Operational Functions
Problem Solving
Process Management
Products and Services
Standard Operating Procedures

Nice To Haves

Accountability
Customer Solutions
Ensure Compliance
Personal Initiative
Process Improvements
Results-Oriented
Risk Mitigation Strategies
Standard Operating Procedure (SOP)

Responsibilities

Monitor and reconcile swap transaction data reported to Swap Data Repositories (SDRs).
Ensure compliance with applicable CFTC reporting and reconciliation requirements.
Investigate and resolve data exceptions, discrepancies, and reporting issues.
Support portfolio reconciliation activities and data quality controls.
Collaborate with cross-functional teams including Operations, Technology, Compliance, and Risk.
Participate in process improvement, automation, and regulatory change initiatives.
Contribute to the enhancement of reporting and reconciliation controls, procedures, and operating models.
Supports a critical operational support service, process, capability or initiative within an operational unit and ensures performance and/or risk indicators are met.
Establishes and monitors process performance measurements and business impact. Prepares performance statistics and reports for internal stakeholders and senior management.
Monitors the production workflow and assists team members with escalated process issues. Independently identifies and resolves exceptions and serves as a point of escalation.
Monitors effectiveness and efficiency of production and/or process. Determines and/or drives change and improvement efforts in production and/or processes.
Ensures the business adheres to policies, procedures and regulatory standards. Independently resolves compliance issues and drives risk mitigation activities.

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