Business Advisor III – Vice President

Role Overview

• Makes business decisions regarding new business that includes closely-held (non-publicly traded) assets and evaluates ability to accept these assets.
• Involved in more complex sales of assets and related legal issues.
• Monitors, coordinates, interprets and processes financial and non-financial information on a monthly basis relating to closely-held (non-publicly traded) assets held within Investment Management and Trust accounts.
• May provide guidance to other team members.
• Works with the sales and fiduciary teams who are proposing new business that includes a closely-held asset.
• Evaluates ability to accept the asset and helps determine the best plan of administration.
• Coordinates and operates committee presentations with advisors and other committee chairs responsible for the oversight of special asset acceptance, administration or disposition reviews.
• Works with various internal partners to help support the acquisition, accurate reporting and sale of assigned closely-held assets and is often the lead for these relationships.
• Coordinates and conducts fiduciary reviews of assigned closely-held business assets, including more complex assets or relationships, held within wealth accounts and makes investment/fiduciary recommendations related to the asset for presentation at the monthly committee meeting.
• Provides compliance-based reporting for assets that have been flagged as exceptions as well as oversees, coordinates and performs compliance reviews for assets accepted.

Requirements

• 5+ years of industry-relevant experience
• Preferred Skills: Capital Management, Corporate Finance, Economic Policy, Financial Accounting, Investment Management, Management Reporting, Meeting Organization, Revenue Recognition, Trading Strategies
• Competencies: Consulting, Effective Communications, Fiduciary Responsibilities, Financial Analysis, Investment Management, Investment Operations Management, Problem Solving, Products and Services, Regulatory Environment
• Financial Services, Risk & Control Self Assessment (RCSA)

Benefits

• medical/prescription drug coverage (with a Health Savings Account feature)
• dental and vision options
• employee and spouse/child life insurance
• short and long-term disability protection
• 401(k) with PNC match
• pension and stock purchase plans
• dependent care reimbursement account
• back-up child/elder care
• adoption, surrogacy, and doula reimbursement
• educational assistance, including select programs fully paid
• a robust wellness program with financial incentives
• maternity and/or parental leave
• up to 11 paid holidays each year
• 9 occasional absence days each year, unless otherwise required by law
• between 15 to 25 vacation days each year, depending on career level; and years of service