AML Sanctions Specialist

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. As an AML Sanctions Specialist, you will be based in Pittsburgh, PA, Philadelphia, PA, New York, NY, Cleveland, OH, Birmingham, AL, Houston, TX or Washington, DC.

The AML Sanctions Specialist will be a part of PNC s Risk, Change, Experience, Strategy (RCES) organization, supporting the First Line of Defense (1

LOD) Financial Crimes Compliance Program Office (FCCPO) team.

This position may not be available in all geographic locations and is a full-time in office role.

• The position reports into the Program and Strategy Lead within 1
  
  LoD Financial Crimes Compliance Program Office (FCCPO)
• Typically requires a minimum of 1-3 years of investigative or related KYC work experience with specific emphasis on BSA/AML and Sanctions red flags preferably in the financial services industry.
• Minimum 2 years of direct Quality Control (QC)/Quality Assurance (QA) experience preferred
• Assists in the execution of a quality assurance program within a defined department of the organization, identifying opportunities for enhancement where applicable. Under supervision, enables adherence with quality management programs.
• Ability to perform QA reviews of KYC files created by Relationship Managers/onboarding teams to determine if the information provided is accurate and in accordance with the quality standards established by Bank policies, procedures and regulatory requirements. Ensure customer data, business activity, narratives, documents, and other case determinations are accurate, appropriate, reasonably supported, and clearly documented. External research in some cases may be required to reach such conclusions.
• Ability to develop presentation deck to deliver the previous month s QA results and findings
• Excellent written and verbal communications skills including communicating exceptions identified with the COOs and other front line stakeholders.
• Ability to work independently and be able to multi-task, adapt well to changing priorities and effectively prioritize workflow to meet critical deadlines. This position may be eligible for remote work in select geographic locations, subject to approval by PNC. If approved, work must be conducted from a quiet, secure, and confidential home-based workspace. Occasional in-office participation may be required based on business needs.
  
  PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

• Implements business unit Anti-Money Laundering (AML) and Sanctions Programs to prevent illegal, unethical, or improper business practices. Assists in the execution and oversight of activities to comply with the Bank Secrecy Act, AML, USA PATRIOT ACT and Sanctions Program requirements. Developing ability to constructively challenge conclusions/status quo.
• Update AML and Sanctions policies and procedures as needed. Ensure that Compliance Manuals, Front Office Manuals, policies and procedures accurately reflect current laws, rules, other regulatory requirements and management intent. Independently challenges analyses, reviews and recommendations.
• Identify and define the AML and Sanctions objectives for assigned line of business, products/services and applicable regulations. Communicate and socialize those objectives (from a leadership position) to the business. Coordinate AML and Sanctions compliance monitoring and oversee preparation of compliance reports. May serve as a resource regarding AML and Sanctions compliance impact on overall business activities, product development and customer activities
• Prepares AML and Sanctions compliance reports and/or customer risk profiles. Identifies issues and escalates through proper governance channels as needed. Analyzes assessments of AML and Sanctions risk and internal controls. Researches AML and Sanctions regulatory developments. Assists,…