Position Overview

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 AML Sanctions Specialist Senior, you are a member of the Know Your Customer Office (KYCO) within PNC’s Independent Risk Management Organization. Preferred locations listed within the requisition, open other PNC HUBs based on experience.

The KYC Office is a centralized advisory team responsible for setting enterprise-wide KYC/CDD requirements and governance framework as well as providing guidance and support to PNC Lines of Business, Support Areas, Risk Areas, and Technology as it relates to strategy and execution of the Enterprise Customer Due Diligence (CDD) Policy.

Your hours will be approximately from 8:00am to 4:00pm Monday through Friday with occasional overtime required.

There will be a variety of core responsibilities for which you will be responsible that focus on governance, oversight, and development of solutions for CDD-related risks and issues. The primary scope of your responsibilities will include:

• Investigations of assigned cases utilizing internal bank systems, open source intelligence, and interviews of bank personnel. By maintaining strong quality controls you will ensure policies and procedures are applied consistently during all investigations.
• You will be responsible for providing AML subject matter expertise to service partners and examiners as necessary
• Perform validation as needed for application upgrades, enhancements, and defect resolution
• Assist Management with preparation and execution of the monthly Customer Due Diligence Governance Working Group
• Assist Management with project planning through development, refinement, and execution of items that reflect the Customer Due Diligence Program’s focus on continuous improvement.
• When applicable, assist Management during Internal Audit engagements and Regulatory Exams through collection of supporting documents, provision of responses to questions, and walkthroughs of process.
• Upon request assist Management with maintaining and updating policies and procedures.
• As necessary, assist Management with developing, monitoring, or monitoring metrics that include, but may not be limited to Key Risk Measurements (KRM), case aging, LOB metrics, or general CDD Program Metrics
• Upon request of management, provide support for ancillary projects and bank/department initiatives.

In your role, you will continuously draw upon your knowledge of the financial services industry, compliance regulations, research and monitoring techniques and your ability to apply them to your assigned area of responsibility. Possessing strong analytical, problem-solving and decision-making skills, as well as the ability to deal with ambiguity and to work independently will be required on a day-to-day basis.

Preferred Experience:
5+ years of Risk Management experience, preferably within BSA/AML
Previous experience with Enhanced Due Diligence/KYC

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 DescriptionDevelops plans and assists in the overall implementation of enterprise wide and business unit Anti-Money Laundering (AML) and Sanctions Programs to prevent illegal, unethical, or improper business practices. Assists in the execution and oversight of activities to comply with the Bank Secrecy Act, AML, USA PATRIOT ACT and Sanctions Program requirements. Developing ability to constructively challenge conclusions/status quo.Update AML and Sanctions policies and procedures as needed. Ensure that Compliance Manuals, Front Office Manuals, policies and procedures accurately reflect current laws, rules, other regulatory requirements and management intent. Independently challenges analyses, reviews and recommendations.Identify and define the AML and Sanctions objectives for assigned line(s) of business, products/services and applicable regulations. Communicate and socialize those objectives (from a leadership position) to the business. Coordinate AML and Sanctions compliance monitoring and oversee preparation of compliance reports. May serve as a resource regarding AML and Sanctions compliance impact on overall business activities, product development and customer activities.Prepares and edits AML and Sanctions compliance reports and/or customer risk profiles. Identifies issues, recommends corrective action plans and escalates through proper governance channels as needed. Analyzes assessments of AML and Sanctions risk and internal controls. Researches AML and Sanctions regulatory developments. Assists, as appropriate, in updating or implementing new/enhanced processes in order to ensure timely and effective compliance with new AML and Sanctions regulatory requirements.Supports key business initiatives by identifying AML and Sanctions Compliance risks and providing resolutions to manage these risks. Serves as a resource regarding AML and Sanctions compliance impact on such matters on overall business activities, product development and customer activities.

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.

Qualifications

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

Preferred SkillsCompliance Reporting, Customer Risk, Decision Making, Regulatory Requirements, Risk Assessments, Risk Control, Strategic Objectives

CompetenciesAccuracy and Attention to Detail, Anti-money Laundering/Sanctions Policies and Procedures, Audit And Compliance Function, Auditing, Fraud Management, Internal Controls, Problem Solving

Work ExperienceRoles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience. Certifications are often desired. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

EducationBachelors

CertificationsNo Required Certification(s)

LicensesNo Required License(s)

Benefits

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.

To learn more about these and other programs, including benefits for full time and part-time employees, visit Your PNC Total Rewards.

Disability Accommodations Statement

If an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com. Please include “accommodation request” in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses.  Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

At PNC we foster an inclusive and accessible workplace.  We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.

Equal Employment Opportunity (EEO)

PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.

California Residents

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