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Strategy and Planning Senior Advisor - Recovery and Resolution Planning

PNC
The Tower at PNC Plaza (PAA86), United Statesfull_timeVerifiedPosted 4 Dec 2024

About the role

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. As a Strategy and Planning Senior Advisor within PNC's Finance Recovery and Resolution Planning area, you may be based in Pittsburgh, PA.

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.

Recovery Planning requires a bank to establish quantitative or qualitative indicators of risk and severe stress triggers, a range of credible recovery options, and impact assessments of each option.
The 165(d) Resolution Plan should include overview of Bank / BHC, operations, and summary of risk positions. It should also include a resolution strategy that mitigates risk of severe adverse effects on financial stability and include liquidity needs to maintain BAU customer services.
The Insured Depository Institution Resolution Plan should include overview of the IDI, IDI operations, and summary of risk positions; and an identified strategy (bridge bank) and failure scenario. Final rule contemplates engagement and capabilities testing (at FDIC’s discretion).
Key Responsibilities
• Lead development of Recovery and Resolution strategies
o Work closely with Asset & Liability Management to develop a resolution scenario and strategy for recovery and resolution
o Assess objects of sale and objects of shutdown
 Overview of each area
 Separability
 Valuation
 Virtual Data Room materials including development of financial and data tapes
o Understand the bankruptcy and other steps that need to occur in a resolution scenario
• Develop a strategy to test PNC’s capabilities to exercise all resolutions actions that would be required by PNC (assurance testing)
o Develop a framework that includes testing strategy – frequency, elements, etc
o Develop execution plans for the framework above
o Work with business areas to develop operational capabilities
• Partner with ALM to complete Recovery plan scenario and required updates
Key Skills / Requirements
• Strong financial skills
• Excellent attention to detail
• Ability to drive initiative from the ground up
• Great consensus building skills
• Entrepreneurial – ability to work on unstructured projects and define and create processes
• Strong writing skills

Job Description

  • Drives specific strategic planning initiatives, including analysis, oversight and support for solution development.
  • Provides advanced expertise to create the definition, understanding and framing of complex business initiatives.
  • Leads advanced planning, analysis, solution development and presentation for more complex strategic initiatives. Ensures quality and accuracy of data elements relative to the initiatives. Mentors and educates team members regarding advanced planning practices.
  • Analyzes and recommends solutions for key initiatives. Develops structured and compelling presentations to highlight key findings and makes recommendations to key decision makers within the company.
  • Collaborates with the line of business to implement recommended strategic solutions.

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

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Company

PNC

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