Counsel-Broker-Dealer

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 a Counsel within PNC's Corporate Governance organization, you will be based in Philadelphia or Pittsburgh, PA; Birmingham, AL; Cleveland, OH; Washington, D.C. Job Profile PNC Wealth Management (PNCWM) is PNC's fast-growing retail investment adviser/broker‑dealer. PNCWM's advice and planning model places an emphasis on managed accounts and PNCWM's advisory wrap accounts have over $30 billion in assets under management. We are seeking an attorney with experience in investment adviser and broker‑dealer regulatory matters to join a team of legal professionals focused on supporting PNCWM as it continues to grow. The successful candidate will have experience with FINRA and SEC regulation of broker‑dealers. Familiarity with regulation of investment advisers and/or insurance agencies is also desirable. Within the PNCWM legal team, you will have opportunities to work closely with counterparts supporting related lines of business, including PNC's Retail Banking, Private Bank and Capital Markets businesses, as well as PNC's government and regulatory affairs groups. Principal Functions Primary responsibility for providing legal advice regarding PNCWM's broker‑dealer, including new product and service offerings. Interacting directly with PNCWM's senior business management and compliance and risk management personnel. Monitoring for and advising PNCWM on forthcoming regulations and regulatory guidance issued by PNCWM's primary regulators. Developing policies and practices to ensure regulatory and legal compliance. Representing PNCWM in interactions with external counsel and counsel for other parties, including fund companies and clearing brokers. Performing work independently with minimal supervision while exercising sound, independent judgment and discretion. Job Description Identifies and manages legal risk for the organization. Conducts research, provides procedural legal advice, and participates in the support and resolution of significant legal matters. Provides enterprise perspective and partnership to inside and outside legal counsel. Reviews and prepares transactional and other routine legal documentation. Responsibilities and Qualifications To perform the role successfully, you must: Typically have at least five years of experience in investment adviser and broker‑dealer regulatory matters and demonstrated ability to fulfill designated responsibilities. Under special circumstances, advanced knowledge in a highly specialized legal area may be substituted for fewer overall years of experience. Have an understanding of the securities regulatory process and applicable SEC rules; prior experience with a regulator or another dual registrant is desirable. Hold a J.D. or equivalent degree from an accredited law school. Be currently licensed to practice in the courts of one or more states. Demonstrate good judgment, strong legal analysis, and oral and written communication skills. Licenses and Certifications Active State License - Multiple Issuers Pay Transparency Base Salary: $80,000.00 – $232,050.00 Benefits PNC offers a comprehensive range of benefits to help meet your needs. 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; backup child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives. Paid time off includes 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. 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. #J-18808-Ljbffr Fairygodboss