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. We are looking to hire a Sanctions Senior Advisor within PNC’s Independent Risk Management (IRM) Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) Global Sanctions team. This position will be based out of Pittsburgh, PA, East Brunswick, NJ, Washington, DC, or Tampa, FL.

This position is primarily based in a PNC location. Responsibilities require time in the office or in the field on a regular basis. Some responsibilities may be performed remotely, at manager’s discretion.

The position requires subject matter expertise in U.S. and international sanctions programs, a familiarity with export control requirements and the ability to apply core concepts to assist in the build out of new executive orders and regulatory programs as these are introduced.

This role is responsible for the following:

- Drafting sanctions bulletins, leading sanctions-related training, and performing advisory work across the PNC enterprise.

- Performing enhanced due diligence reviews and higher-level investigations of complex nature involving higher risk transactions, including by documenting factual analysis and making and delivering risk-based recommendations pertaining to U.S. and international sanctions risk and potential sanctions violations.

- Liaising with internal and external stakeholders and leadership, building out and strengthening associated policies and processes, and building new and more efficient processes.

- Performing investigations and drafting documents associated with administrative subpoenas, voluntary self-disclosures, and license applications.

Job Description

• Oversees, establishes and enhances effective enterprise wide and/or business unit AML and Sanctions programs and designs policies to prevent or identify illegal, unethical, or improper business practices. 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.
• Oversees the update of Compliance policies and procedures as needed. Ensures Compliance Manuals, Front Office Manuals, policies and procedures accurately reflect current laws, rules, other regulatory requirements and management intent. Oversees regulatory examinations and inquiries, including the coordination of interviews and information requests from regulatory agencies. Independently challenges analyses, reviews and recommendations.
• Identifies and oversees the definition of the enterprise wide and/or business unit AML and Sanctions program objectives for assigned line(s) of business, products/services and operational execution areas that may execute program components to comply with the Bank Secrecy Act, AML, USA PATRIOT ACT and Sanctions Program. Serves as a senior AML and Sanctions subject matter specialist regarding impact on Program design and execution. Communicate and socialize those objectives (from a leadership position) to the business or operational execution points. May lead AML and Sanctions Program monitoring reviews.
• Reviews AML and Sanctions compliance reports and related customer risk profiles. Identifies issues, escalates through proper governance channels as needed, and recommends corrective action plans. Directs the review and analysis of assessments of AML and Sanctions risk and internal controls, as appropriate. Analyzes regulatory developments, advises business management of proposed rule changes and provide recommendations. Oversees the updating or implementation of new/enhanced processes in order to ensure timely and effective compliance with new regulatory requirements.
• Support key business initiatives by identifying AML and Sanctions risks and providing resolutions to manage these risks. Provides advice and may particip