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 Compliance Program Manager Senior within PNC's Independent Risk Management's Compliance organization supporting the SWAP Dealer line of business.

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 ideal candidate will have background and experience in the following:
· Sound knowledge on Title VII Dodd Frank Act, and CFTC regulation of the OTC Derivatives Market is required.
· Previous experience working for a Swap Dealer, Clearing House, Swap Data Repository, Swap Execution Facility, and other OTC Derivatives Markets infrastructure facilities within Title VII of Dodd Frank Act.
· Strong work ethic and ability to work with limited supervision.
· Strong communication skills, written and oral, and previous experience presenting to C-level management team.
· Capability to conduct ad-hoc analysis of regulations or regulatory changes, working with Legal.
· Work experience with enterprise-wide initiatives, and capability to manage and interact with IT resources.
· Previous experience tailoring and implementing the Swap Dealer internal training program.
· Managerial skills, and ability to quickly take additional responsibilities.
· Proficiency practical knowledge on Microsoft Excel, Microsoft PowerPoint, and Microsoft Word.

Job Description

• Establishes and enhances effective compliance programs and designs policies to identify and prevent illegal, unethical, or improper business practices. Trains, monitors, and manages junior staff and remediates any issues. Constructively challenges conclusions/status quo and uses established credibility to influence customers.
• Supports key business initiatives by drawing conclusions from data to identify compliance risks. Presents resolutions to manage and mitigate the identified risks to business partners. If necessary, escalates identified risks to senior team members. Identifies compliance impact on matters such as marketing materials, sales programs, product development, documentation review and other business initiatives. Works cooperatively with the business, legal partners, audit and other risk disciplines across the organization. May include developing, facilitating, and conducting Compliance training programs for junior staff.
• Assesses activity for existing and emerging risks. Evaluates the materiality of the risks identified and presents recommendations on necessary risk mitigation to senior leadership. Uses knowledge on current laws, rules, and other regulatory requirements and drafts or assesses Compliance Manuals, Front Office materials, policies and procedures to ensure alignment. Manages regulatory examinations and inquiries, including the coordination of interviews and information requests from regulatory agencies.
• Directs the compliance monitoring program and reviews activity to ensure it falls within established risk control limits. Identifies and defines the Compliance program objectives for assigned area, products/services, and applicable regulations. Communicates and socializes compliance program objectives to executive level business partners and junior staff, as applicable. Independently challenges analyses and formulates value-added recommendations. Advises junior staff on how to appropriately challenge analyses and how to formulate thoughtful recommendations as needed.
• Completes a final review of compliance reports to identify common themes and widespread trends. Escalates issues through proper governance channels as needed, and recommends corrective action plans. Advises junior staff on report analysis techniques as applicable. Proposes revisions and implementation strategy for new/enhanced reports in order to ensure timely and effective compliance with regulatory requirements.