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. As a(n) Compliance Program Advisor within PNC's Risk Management organization, you will be based in Pittsburgh, PA.
This person will be responsible for assisting with the ongoing development, implementation, and reporting of Compliance risk throughout the organization. He/She will gather, aggregate and report all material compliance risks using available tools and through established channels and provide subject matter expertise, oversight, and tracking for Compliance metrics and key risk indicators. He/She will manage internal reporting used for ongoing management of the IRM- Enterprise Compliance Department and assist with defining, maintaining and periodically reassessing Compliance Risk Appetite through the Enterprise Risk Management framework. They will frequently serve as a liaison with other areas of Independent Risk Management including Enterprise Risk Management and Operational Risk Management.
Communicates effective business unit compliance programs to prevent or identify illegal, unethical, or improper business practices. Leads junior staff and raises issues to senior team members. Demonstrates ability to constructively challenge the status quo.
Updates compliance policies and procedures as needed. Ensures that compliance manuals, front office manuals, policies and procedures accurately reflect current laws, rules, other regulatory requirements and management intent. Coordinates regulatory examinations and inquiries, including the coordination of interviews and information requests from regulatory agencies. Independently challenges analyses, reviews and recommendations.
Identifies and helps to define the compliance program objectives for assigned line(s) of business, products/services and applicable regulations. Communicate and socialize those objectives (from a leadership position) to the business. Coordinates compliance monitoring program. May serve as a resource regarding compliance impact on such matters as marketing materials and sales programs, product development, document review and other business initiatives.
Reviews compliance reports. Identifies issues, escalates through proper governance channels as needed, and recommends corrective action plans. Reviews and analyzes assessments of compliance risk and internal controls, as appropriate. Analyzes regulatory developments, advise business management of proposed rule changes and provide recommendations. Assists, as appropriate, in updating or implementing new/enhanced processes in order to ensure timely and effective compliance with new regulatory requirements.
Support key business initiatives by identifying Compliance risks and providing resolutions to manage these risks. May include developing and/or conducting compliance training programs for specific employees. Serves as a resource regarding compliance impact on such matters as marketing materials and sales programs, product development, documentation review and other business initiatives. Work cooperatively with the business, legal partners, audit and other risk disciplines across the organization.
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 and experience (including military service) may be considered.
The PNC Financial Services Group, Inc. (NYSE: PNC) is one of the largest diversified financial services institutions in the United States with assets of $361 billion as of March 31, 2016. Operating primarily in 19 states and the District of Columbia, PNC is organized around its customers and communities for strong relationships and local delivery of retail and business banking; residential mortgag...e banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.