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 the Deputy Chief Compliance Officer within PNC's Retail organization, you will be based in a location within PNC's footprint. Responsibilities require time in the office or in the field on a regular basis.

Position Overview:

The Deputy Chief Compliance Officer will report into the Chief Compliance Officer of PNC and will directly manage the Second Line of Defense Compliance team that is responsible for overseeing the risk-taking activities of the PNC Retail business. The Deputy Chief Compliance Officer will also be responsible for working more broadly with the Chief Compliance Officer to drive continuous improvement across PNC’s broader compliance program, incoming by ensuring that the compliance teams covering PNC’s different lines of business, as well as teams dedicated to covering specific risks that span the enterprise horizontally, work together as a single, effective, cohesive unit.

The Deputy Chief Compliance Officer will also represent Enterprise Compliance on senior business risk committees and interface with line of business personnel on a daily basis, leading a team focused on identifying, analyzing, and advising the business on action that can be taken to mitigate compliance risk. The Deputy Chief Compliance Officer will also represent the Enterprise Compliance Department in meetings with PNC’s OCC, CFPB, Federal Reserve Bank, and FDIC exam teams.

The Deputy Chief Compliance Officer will be expected to be a thought leader in areas of regulatory interpretation; the OCC’s and CFPB’s expectations regarding a large bank’s Compliance Management System; and strategies and tactics for preventing and detecting business activities and create compliance risk outside of PNC’s risk tolerance.

Other primary responsibilities include the following:
The Deputy Chief Compliance Officer’s primary responsibility will be leading the Enterprise Compliance responsible for using PNC’s the Compliance Program to effectively oversee the risk-activities of the Retail business. In this role, the Deputy Chief Compliance Officer will be responsible for working with his/her team to, among other things: (1) counsel the business regarding compliance risk mitigation in the context of initiatives, including those driven by changes in operations and/or legal and regulatory requirements; (2) oversee the business in efforts designed to close identified compliance gaps; and (3) formulate monitoring and testing activities designed to assess PNC’s effectiveness mitigating compliance risk, particularly in the context of higher risk activities, identifying areas for improvement as necessary. Additionally, the Deputy Chief Compliance Officer will be responsible for presenting on such matters periodically to PNC’s senior business leaders and PNC’s local exam teams.

The Deputy Chief Compliance Officer will also have a broader role assisting the Chief Compliance Officer in continuing to improve PNC’s Compliance Program, including the policies, procedures, and processes used by Enterprise Compliance to oversee execution against new legal and regulatory requirements, and Enterprise Compliance’s independent risk assessment, monitoring and testing activities. In this role, the Deputy Chief Compliance Officer will be responsible for working closely with the Chief Compliance Officer to ensure that PNC’s Enterprise Compliance Program Team and the Enterprise Compliance subject matter expert teams that oversee PNC’s business activities work together so the requirements of the Compliance Program are fit for purpose and leveraged by the subject matter expert teams as required.


Preferred Competencies/Skills

• Subject matter expertise in consumer finance laws and regulations.
• Subject matter expertise in the expectations for Compliance Management Systems established by US bank regulators, including guidance articulated in the Comptroller’s Handbook and the OCC’s Heightened Standards for Large Financial Institutions.
• Superior oral and written communication skills.
• Strong emotional intelligence and organizational awareness.
• Experience working in highly matrixed organizations.
• Law degree preferred.
• Prior experience working in a large financial institutional preferred.
• Prior experience leading large team of professionals with proven abilit