Senior Counsel, Regulatory Affairs and Policy

PNC•Washington, DC

4d•$159,600 - $296,400•Onsite

About The Position

PNC is seeking a Senior Counsel to join its Regulatory Affairs and Policy Legal Team in Washington, D.C. Reporting to a Managing Chief Counsel, this attorney will advise on legal, regulatory, and policy issues affecting banking services, with a focus on prudential banking regulations, Basel III capital rules, stress testing, liquidity, tailoring, and regulatory reporting. The role may also involve novel domestic and international regulatory matters supporting enterprise-wide initiatives. The Senior Counsel will provide bank regulatory advice and support regulatory advocacy within PNC and externally with regulators, policymakers, industry associations, trade associations, and peer financial institutions. The role requires adaptability and a willingness to learn, including providing coverage across multiple subject areas and fast-moving projects. The position performs significant and complex legal work, regularly interacts with management, and oversees legal research, analysis, consultation, and documentation within a framework of legal compliance and risk management. It also involves managing expenses for outside counsel, determining when to engage outside counsel, and combining their advice with internal stakeholder input to provide practical guidance. PNC describes itself as an in-office company.

Requirements

Juris Doctorate (J.D.) degree from an accredited law school.
Licensed to practice law in at least one jurisdiction.
Typically 8 or more years of industry-relevant experience.
Active state license.
Demonstrated knowledge, skills, and abilities appropriate to the role.
Skills in legal compliance, legal consulting, legal practices, legal risk, regulatory compliance, and risk assessments.
Competencies in business ethics, decision making and critical thinking, effective communication, establishing and maintaining trust, external resource management, influencing through expertise, legal analysis, legal function, negotiating, and problem solving.
Willingness to learn and versatility and adaptability to support multiple subject areas, team coverage, and fast-moving projects.
Customer focus and ability to use knowledge of customer needs and satisfaction in business decisions and customized customer solutions.
Ability to assess and effectively manage risks associated with business objectives and activities.

Responsibilities

Advise on statutes, regulations, and guidance governing PNC’s business and operations, including those applicable to the bank, holding company, and affiliates.
Advise on and advocate for legal and policy considerations related to prudential regulations, including Basel III capital, liquidity, tailoring, and related regulations.
Advise on regulatory reporting instructions, including Call Report, FR Y-9C, and FR Y-14.
Support strategic considerations for domestic and international business growth and capital planning, collaborating with internal and external stakeholders.
Assist in developing comment letters, advocacy materials, and policy positions concerning significant regulatory and legislative initiatives.
Interact with trade associations and peer financial institutions.
Participate in preparing and overseeing regulatory filings for new business initiatives and interpretive requests related to new products and services.
Provide specialized legal advice and counsel to attorneys supporting lines of business on regulatory issues, helping the company pursue business goals in compliance with law and regulation.
Perform complex legal work and regularly interact with management.
Oversee legal research, analysis, consultation, and documentation within legal compliance and risk management frameworks.
Manage expenses for outside counsel relationships and provide strategic direction on when to use outside counsel.
Work with outside counsel and internal stakeholders to provide practical guidance.
Network with outside organizations to advance the corporation’s and industry’s legal interests and legal health.
Assess and manage risks associated with business objectives and activities in support of PNC’s Enterprise Risk Management Framework.

Benefits

Medical and 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 plan.
Stock purchase plan.
Dependent care reimbursement account.
Back-up child and elder care.
Adoption, surrogacy, and doula reimbursement.
Educational assistance, including select fully paid programs.
Wellness program with financial incentives.
Maternity and/or parental leave.
Up to 11 paid holidays each year.
Nine occasional absence days each year, unless otherwise required by law.
Between 15 and 25 vacation days each year, depending on career level and years of service.
Incentive-eligible compensation based on company, business, and/or individual performance.