Job Description
Job Profile
Position Overview
PNC AML is seeking a highly motivated AML Data Analyst to join our team. The ideal candidate will have a strong understanding of AML compliance and risk assessment processes and will be responsible for identifying and leveraging data across the organization to improve PNC’s risk assessment process. The successful candidate will work closely with AML and Risk Management teams to identify, analyze, and interpret data, and develop actionable insights to improve our overall risk management framework.
Roles and Responsibilities:
- Utilize data to identify patterns, trends, and potential risks related to money laundering activities and suspicious transactions.
- Work with AML and Risk Management teams to identify areas for improvement in the risk assessment process.
- Develop data-driven insights to enhance risk identification and assessment procedures.
- Interact with various teams to locate, identify, and validate risk indicative data for potential use in BSA/AML and Sanctions risk assessments.
- Use tools and techniques to provide visualization of data in easy-to-understand formats.
- Perform analysis to assess the quality and meaning of data.
- Collaborate with other teams, such as IT and Data Governance to identify process improvement opportunities, propose modifications, and devise data governance strategies.
- Stay up to date on regulatory requirements and industry best practices related to AML and risk management.
- Prepare final analysis reports showing actionable data and trends that will assist key stakeholders in making informed decisions.
Qualifications:
- Bachelor's degree in business, finance, mathematics, statistics, or a related field.
- ACAMS (Association of Certified Anti-Money Laundering Specialists) certified or other equivalent industry certification a plus.
- Minimum of 3 years of experience in AML compliance and risk management, and/or intelligence work in the private or public sector, particularly with data, platforms, and data management.
- Strong analytical skills, with experience in data analysis and interpretation.
- Excellent communication skills, with the ability to convey complex information to both technical and non-technical audiences.
- Knowledge of regulatory requirements related to AML and risk management.
- Technical proficiency in data mining, data processing platforms, and knowledge of data visualization software such as Tableau.
- Ability to work collaboratively with cross-functional teams in geographically disparate locations.
- Ability to effectively manage multiple projects simultaneously.
Job Description
Develops plans and assists in the overall implementation of enterprise wide and 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(s) 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 and edits AML and Sanctions compliance reports and/or customer risk profiles. Identifies issues, recommends corrective action plans 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, as appropriate, in updating or implementing new/enhanced processes in order to ensure timely and effective compliance with new AML and Sanctions regulatory requirements.
Supports key business initiatives by identifying AML and Sanctions Compliance risks and providing resolutions to manage these risks. Serves as a resource regarding AML and Sanctions compliance impact on such matters on overall business activities, product development and customer activities.
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.
Competencies
Accuracy and Attention to Detail – Understanding of the necessity and value of accuracy and attention to detail; ability to process information with high levels of accuracy.
Anti-money Laundering/Sanctions Policies and Procedures – Knowledge of and ability to prevent or report money laundering and Sanctions-related activities in banking and financial services industry.
Audit And Compliance Function – Knowledge of and ability to manage the major responsibilities, accountabilities, and organization of the Audit and Compliance (A&C) function or department.
Auditing – Knowledge of organization's internal audit processes, practices and methods.
Fraud Management – Knowledge of and ability to employ internal controls and to enhance business strategies for the purpose of detecting, correcting and preventing fraudulent activities.
Internal Controls – Knowledge of and ability to create, implement, evaluate and enhance processes in internal controls.
Problem Solving – Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems; ability to apply this knowledge appropriately to diverse situations.
Work Experience
Roles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience. Certifications are often desired. In lieu of a degree, a comparable combination of education and experience (including military service) may be considered.
Education
Bachelors
Additional Job Description
Benefits
PNC offers employees a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include 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; maternity and parental leave; paid holidays, vacation days and occasional absence time; 401(k), pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption assistance; educational assistance and a robust wellness program with financial incentives. To learn more about these and other programs, including benefits for part-time employees, visit pncbenefits.com > New to PNC.
Disability Accommodations Statement:
The PNC workplace is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the PNC Careers website or submission process, please call 877-968-7762 and select Option 4: Recruiting or contact us via email at pathfinder@pnc.com.
The Human Resources Service Center hours of operation are Monday - Friday 9:00 AM to 5:00 PM ET.
Equal Employment Opportunity (EEO):
PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.
California Residents
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