Senior Portfolio Administrator

PNC Bank•Cleveland, OH

10d•Onsite

About The Position

As a Senior Portfolio Administrator in PNC’s Private Banking organization, based in Cleveland, Ohio, you will administer PNC Private Bank Investment Management, IRA, and other non-trust accounts in compliance with legal and fiduciary regulations, policies, and procedures. You will administer assigned accounts in accordance with governing documents, state law, and AMG policy and procedure; complete account reviews and administrative activities; and resolve routine issues of increasing complexity. You will use PNC Private Bank systems to support investment management for a portfolio of accounts with relatively low complexity and fiduciary risk. Depending on the business segment, the role may also involve investment support and administrative activities for the investment management business. You will collaborate with internal partners to address problems and escalate anticipated or known account and client issues. As needed, you may participate in technology or product design, development, and testing, applying operational knowledge to identify and document defects and suggest enhancements. PNC describes itself as an in-office company and encourages candidates to discuss workplace expectations with their recruiter and hiring manager. Employment visa sponsorship and STEM OPT participation are not provided for this position. The role is incentive eligible, with incentive payment based on company, business, and/or individual performance. The position is subject to applicable FDIA Section 19 requirements and, for registered roles, SAFE Act and/or FINRA requirements.

Requirements

Typically, a university or college degree and at least 2 years of relevant professional experience are required at this role level.
In lieu of a degree, a comparable combination of education, job-specific certifications, and experience, including military service, may be considered.
Demonstrate appropriate knowledge, skills, and abilities for the role.
No certification or license is required.
No language assessment is required or preferred.
Must meet applicable FDIA Section 19 requirements and, for registered roles, SAFE Act and/or FINRA requirements.

Nice To Haves

Decision making
Finance strategy
Investment management
Knowledge of legal practices
Real estate settlements
Revenue recognition
Risk assessments
Account management
Accuracy and attention to detail
Effective communications
Fiduciary responsibilities
Problem solving

Responsibilities

Administer PNC Private Bank Investment Management, IRA, and other non-trust accounts in compliance with legal and fiduciary regulations, policies, and procedures.
Administer assigned accounts according to governing documents, state law, and AMG policy and procedure.
Complete administrative account reviews and activities, and resolve routine issues of increasing complexity.
Use PNC Private Bank systems to support investment management for a portfolio of relatively low-complexity, low-fiduciary-risk accounts.
Depending on the business segment, provide investment support and administrative activities for the investment management business.
Collaborate with internal partners to solve problems and escalate anticipated or known account or client issues and concerns.
As needed, participate in technology or product design, development, and testing; identify and document defects and suggest enhancements.
Apply customer-focused practices and manage risks in accordance with PNC’s Enterprise Risk Management Framework.

Benefits

Medical and prescription drug coverage, with a Health Savings Account feature, for eligible employees
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, depending on eligibility
Up to 11 paid holidays each year, depending on eligibility
9 occasional absence days each year, unless otherwise required by law
15 to 25 vacation days each year, depending on career level and years of service