Additional Job Listings

• Location:Cleveland
• State:OH
• Salary:$100K+
• 

Job Types:

Tax & Compliance

As an employee of PNC Financial Services Group, you become part of an organization committed to customers, employees, investors, and the communities in which we do business. PNC is an established, growing and successful financial services company, with businesses organized around retail and commercial banking, asset management, and funds processing. Our branches are concentrated in thirteen states and the District of Columbia; additional offices are located nationwide and internationally. We are growing in size and through recent acquisitions have become the fifth largest bank by deposits in the US. We are also growing in reputation, as a leader in areas such as work/life family culture, "green" building design, frontier technology, and strong corporate social responsibility.

The Senior Vice President of Compliance is responsible for the implementation of the firm’s investment advisery and mutual fund compliance programs to ensure its regulatory and fiduciary obligations are met.  The Sr. Vice President of Compliance will also serve as the Chief Compliance Officer (“CCO”) of PNC Mutual Funds, PNC Advantage Funds and PNC Alternative Funds.  Reports to the Board of Trustees of the Funds’ & to the PNC Chief Compliance Officer of Broker Dealer, RIA and Asset Management businesses.    

    As required by section 206(4)-7 of the Advisers Act (“the Act”), ensure development, enforcement and ongoing maintenance of the adviser’s policies and procedures are reasonably designed to prevent violation of the Act by the adviser and any of its supervised persons. 

• Maintain a thorough understanding of the Acts’ rules and regulations through ongoing education and involvement in industry groups.

    Along with the CCO and the Director of Compliance conduct the annual review of the policies and procedures to determine their adequacy and effectiveness. 

    Report all issues & finds to the CCO of the Broker Dealer/Asset Management Businesses, the president of the advisers as well the Board of the Adviser.

    As required under rule 38(a)-1 of the Investment Company Act develop, administration and enforcement of mutual fund board approved policies and procedures reasonably designed to detect, prevent and correct deferral securities laws violations by the fund and its service providers.  

    As part of the annual review of the compliance program ensure annual compliance site visits are conducts with all primary service providers including investment managers.

    Report quarterly to the fund Board on progress of program, issues and challenges.

    Meet annually to the Board on the adequacy and operation of the program, any material compliance matter and violations, changes and recommendations for the changes in fund policies and those of its service providers.

    Work closely with fund regulatory administration and independent counsel on all regulatory requirements and matters affecting the Funds’.

    Advise and direct senior management and staff on all issues concerning compliance rules, regulations, and procedures relating to the PNC Mutual Funds.

    Perform risk assessments of each program working closely with the business lines, corporate risk management and fiduciary and corporate compliance.

    Provide and support robust business and compliance training for all constituents (e.g. portfolio managers, trading, marketing and sales, compliance).

    Ensure Charles River compliance system (and any other system that provides compliance testing) is administered properly and support portfolio management and trading teams.

    Manage and coordinate all SEC examinations 

The successful candidate will have the following qualifications:

• Proven expertise in managing a robust and compliant investment advisory and mutual fund compliance program
• Well-rounded understanding of the investment process and mutual fund operations provided by primary service providers.   
• Proven leadership abilities, strong verbal, written and interpersonal communication skills at all levels in the organization and with the Board of Trustees 
• Intuitive and energetic  
• Strong business and financial acumen
• MBA/CPA or Bachelors degree with equivalent work experience.
• A minimum of ten years investment advisory and mutual fund compliance as well as being the Chief Compliance Officer of an adviser or mutual fund. 
• Mutual fund accounting and/or fund operations experience and/or vendor management oversight. 
• Industry compliance certification a plus
• FINRA Registered Representative or experience in mutual fund distribution.
• Experience reporting to a Mutual Fund Board of Directors.

PNC is committed to offering you a comprehensive and competitive benefits package. We design our full time and part time benefits programs based on PNC's benefits philosophy to provide quality levels of coverage at affordable costs over the long term for both employees and PNC. We strive to balance the cost of providing competitive benefits with the need to cover employees with a wide range of protection during and after employment.

Options you may be able to consider include:

• Medical and Dental Coverage
• Life Insurance
• Part Time Benefits
• Education Assistance
• Paid Training
• Paid Vacation
• Competitive Pay
• Shift Differential
• 401(k)
• Flexible Schedules
• Growth Opportunity
• Work/Life Balance

PNC is an Equal Employment Opportunity/Affirmative Action Employer -- M/F/D/V/SO

(881907)