Position Overview

The Third Party Risk Team, within Operational Risk Management, provides oversight and challenge of the methodology and framework for the management of Third Party Risk and the Third Party Risk Management Lifecycle. Additionally, the Third Party Risk Team partners with other risk areas, within PNC’s second line of defense, to monitor and evaluate the quality of risk management associated with vendor relationships. Alongside Enterprise Third Party Management in the first line of defense, the Third Party Risk Team establishes and monitors Third Party metrics and key risk indicators and provides Third Party risk reporting to senior executives to ensure alignment with risk appetite.

As part of the Third Party Risk Team you will:

•Lead projects to enhance the effectiveness and efficiency of the Third Party Risk Team within Operational Risk Management
•Collaborate with risk partners in the first and second lines of defense to develop best practices for the identification and mitigation of complex Third Party risks
•Analyze risk event, finding, and control data to identify thematic weaknesses
•Provide support to first and second line of defense risk partners on interpretation of RCSA or other applicable guidance
•Present relevant topics to Risk Management, Enterprise Third Party Management (ETPM), and other stakeholder forums as appropriate
•Perform and coordinate risk assessments, challenge, and quality assurance activities related to the Third Party Risk Management Lifecycle

PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Job Description

• Oversees and/or designs the risk management program and corresponding communication strategies. Engages the lines of business to review and challenge compliance with programs.
• Ensures the risk management program is maintained and enhanced to support the businesses in managing their risks while meeting regulatory expectations.
• Oversees the timely and proper execution of the risk management program within and across the lines of business. Includes consultation to execute the program components.
• Provides risk expertise while working with the businesses and other risk partners (e.g., Compliance, Technology Risk, etc.) to proactively identify risk exposures across PNC.
• Reviews, challenges, and reports the business self assessment results (including new initiatives, business as usual activities, and risk management program) to higher level management.

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 Skills

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

Competencies

Decision Making and Critical Thinking, Fraud Management, Internal Controls, Operational Risk, Organizational Savvy and Politics, Planning and Organizing, Problem Solving, Process Management

Work Experience