Senior Counsel, Asset Management (Cleveland)
$133k - $296.4kThe PNC Financial Services Group
Job ID: R225620Posted: 2026-07-03Location: PA - Pittsburgh (15222); PNC Place (DC037); PNC Bank N.A. (PA375); Birmingham - 5th Ave (AL090); PNC Center - Cleveland (OH001)Salary: $133,000.00 - $296,400.00Type: Full timeCountry: United States of AmericaCompany: PNCPosition OverviewAt 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 a Senior Counsel within PNC Legal’s Asset Management Group, you may be based in Pittsburgh, PA, Philadelphia, PA, Birmingham, AL, Cleveland, OH, or the District of Columbia.PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals.PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.Job DescriptionSubstantial experience with contract drafting and negotiation (e.g., agreements with mutual funds, subadvisors and model providers, private funds, and other vendors, as well as customer agreements)Extensive knowledge of investment management functions, trading, proxy voting, pricing and valuationExtensive knowledge of investment products (e.g., mutual funds, ETFs, private funds, hedge funds, derivatives, common trust funds, etc.)Expertise in fiduciary duties, suitability, conflicts of interest, required disclosures Expertise in bank regulatory requirements applicable to investment managers, trustees, and custodiansUnderstanding of regulations applicable to registered investment advisers; SEC advertising ruleExperience responding to regulator inquiries and examinationsAbility to assist business with customer account administration issues, special projects, development of new products and servicesExperience with ERISA plans and/or IRAs a plusAbility and willingness to develop new skills, adapt to change, make connections across different products, services, and lines of businessExcellent judgment and ability to help business partners achieve their goals in a risk appropriate mannerPerforms significant and complex legal work while regularly interacting with management. Oversees legal research, analysis, consultation, and documentation within a framework of legal compliance and risk management.Responsible for managing the expense for outside counsel relationships, provides strategic direction on when to leverage outside counsel.Works with outside counsel combining their advice with analysis and feedback from internal stakeholders to provide practical guidance.Networks with outside organizations to advance legal interests and legal health of the corporation and its industry.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.QualificationsSuccessful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.Preferred SkillsBusiness Transactional Law, Contract Law, Legal Compliance, Legal Consulting, Legal Practices, Legal Risk, Regulatory Compliance, Risk Assessments, Transactional LawCompetenciesBusiness Ethics, Decision Making and Critical Thinking, Effective Communications, External Resource Management, Influencing, Legal Analysis, Legal Function, NegotiatingWork ExperienceRoles at this level require a Juris Doctorate (J.D.) degree from an accredited law school and licensed to practice law in at least one jurisdiction. Industry-relevant experience is typically 8+ years.EducationJD (Required)CertificationsActive State License - Multiple IssuersLicensesNo Required License(s)Pay TransparencyBase Salary: $133,000.00 – $296,400.00Salaries may vary based on geographic location, market data and on individual skills, experience, and education. This role is incentive eligible with the payment based upon company, business and/or individual performance.Application WindowGenerally, this opening is expected to be posted for two business days from 06/11/2026, although it may be longer with business discretion.BenefitsPNC offers 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; 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.In addition, PNC generally provides the following paid time off, depending on your eligibility: 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.To learn more about these and other programs, including benefits for full time and part-time employees, visit pncthrive.com.Disability Accommodations StatementIf an accommodation is required to participate in the application process, please contact us via email at View email address on apply.placed-app.com. Please include “accommodation request” in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call View phone number on apply.placed-app.com and say Workday for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations. At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.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.This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.California Residents Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.
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