Key skills
Risk Management
About this role
Role Overview
- handling all escalated sanctions alerts and referrals as the ultimate level of review for sanctions customer record and transaction screening escalations.
- conducting enhanced due diligence (EDD) using certain vendor tools for closed-source research, as well as general open-source research, in conjunction with consultation of relevant sanctions regulations to make final determinations.
- developing plans and assisting in the overall implementation of enterprise wide and business unit Anti-Money Laundering (AML) and Sanctions Programs.
- assisting in the execution and oversight of activities to comply with the Bank Secrecy Act, AML, USA PATRIOT ACT and Sanctions Program requirements.
- updating AML and Sanctions policies and procedures as needed.
- ensuring that Compliance Manuals, Front Office Manuals, policies and procedures accurately reflect current laws, rules, other regulatory requirements and management intent.
- independently challenging analyses, reviews and recommendations.
- preparing and editing AML and Sanctions compliance reports and/or customer risk profiles.
Requirements
- Must be familiar with and have advanced working knowledge of OFAC, EU, UK, and Canada sanctions regulatory regimes.
- 3+ years of relevant / direct industry experience.
- Developing ability to constructively challenge conclusions/status quo.
- 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.
- 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.
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