PNC AML Sanctions Group Manager - Broker Dealer 

United States, Ohio, Cleveland 

4227599

The incumbent will lead a team providing Independent BSA/AML Risk Management oversight and governance of our broker dealer business segments, which are inclusive of broker-dealers, private equity and registered investment advisors. Responsibilities include new product and service evaluations, development and maintenance of risk assessments, and challenge reviews of first line control assessments. Other responsibilities include the evaluation of customer and transaction risk and providing subject matter expertise related to corresponding Bank Secrecy and Anti-Money Laundering Regulations.Prior core business line broker- dealer, broker-dealer related operations, or operations risk management experience supporting the broker-dealer industry is required; Securities licensing is a plus. In addition, the incumbent should demonstrate a sound understanding of the BSA/AML regulations either through practical experience in core BSA/AML operational functions or a governance role. Certifications such as the Certified Anti-Money Specialist (CAMS) and or other recognized programs are a plus.This position is primarily based in a location within PNC's footprint. Responsibilities require time in the office or in the field on a regular basis. Some responsibilities can be performed remotely at manager's discretion.
Job Description

• Oversees, establishes and enhances effective enterprise wide and business unit AML and Sanctions programs and designs policies to prevent or identify illegal, unethical, or improper business practices. Responsible for junior staff and talent management. May lead or oversee direct or indirect execution of activities to comply with the Bank Secrecy Act, AML, USA PATRIOT ACT and Sanctions Program. Constructively challenges conclusions/status quo. Exhibits confidence and credibility with service partners, business leaders, customers, regulators, and auditors.
• Ensures that AML and Sanctions Compliance Manuals, Front Office Manuals, policies and procedures accurately reflect current laws, rules, other regulatory requirements and management intent. Oversees the management of regulatory examinations and inquiries, including the coordination of interviews and information requests from regulatory agencies or law enforcement. Independently challenges analyses, reviews and recommendations.
• Establishes and oversees the AML and Sanctions objectives for assigned line(s) of business, products/services and applicable regulations. Responsible for socializing those objectives (from a leadership position) to the business. Ensures the timely completion of AML and Sanctions compliance reports and customer risk profiles. May serve as a subject matter resource regarding AML and Sanctions compliance and associated impact on overall business activities, product development and customer activities.
• Oversees one or more specific AML and Sanctions program component. Responsible for the completion and a final review of AML and Sanctions compliance reports. Manages issues, escalates through proper governance channels as needed, and recommends corrective action plans. Reviews and reports on assessments of AML and Sanctions compliance risk and internal controls, as appropriate. Monitors regulatory developments and advises business management and senior staff of proposed rule changes and provide recommendations.
• Directs and enhances AML and Sanctions related controls associated with key business initiatives. May include developing and/or conducting AML and Sanctions training programs for specific business areas and employees. Serves as an AML and Sanctions Program subject matter resource regarding compliance impact on overall business activities, product development and customer activities. Works cooperatively with the business, legal partners, audit and other risk disciplines across the organization.

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.

PNC also has fundamental expectations of our people managers. As a manager of talent in PNC, you will be expected to:

• Include Intentionally - Cultivates diverse teams and inclusive workplaces to expand thinking.
• Live the Values - Role models our values with transparency and courage.
• Enable Change - Takes action to drive change and innovation that will transform our business.
• Achieve Results - Takes personal ownership to deliver results. Empowers and trusts others in decision making.
• Develop the Best - Raises the bar with every talent decision and guides the achievement of all employees and customers.

Qualifications

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and requiredneeded to be successful in this position.

Compliance Reporting, Customer Risk, Decision Making, Regulatory Requirements, Risk Assessments, Risk Control, Strategic ObjectivesAnti-money Laundering/Sanctions Policies and Procedures, Audit And Compliance Function, Fraud Management, Internal Controls, Problem SolvingRoles at this level typically require a university / college degree. Higher level education such as a Masters degree, PhD, or certifications is desirable. Industry-relevant experience is typically 8+ years. At least 5 years of prior management experience is typically required. Proven leadership experience with a moderate to large scope of responsibility is required. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.No Required Certification(s)No Required License(s)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; 8 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.

California Residents

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