SENIOR COUNSEL III
Location: Pittsburgh Pennsylvania
Description: PNC Bank is at the momment seeking for SENIOR COUNSEL III right now, this position will be placed in Pennsylvania. More details about this position opportunity kindly see the descriptions. Based in Pittsburgh, Pennsylvania, the Senior Counsel IIIâ€" Regulatory will work in the Legal Department, reporting to the Senior Deputy General Counsel as a member of the Legal team.
He/she will serve as a key bank regulatory advisor within PNC.
Responsibilities:
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Serving as a key legal advisor with regard to the wide array of statutes and regulations governing PNC’s business and operations, including those at the bank, the holding company and their affiliates
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Ensuring that PNC is in line with industry best practices for a top-tier bank! , in its approach to understanding and complying with regulato! ry guidance;
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Providing thought leadership and support to PNC’s regulatory strategy and relationships in conjunction with other Legal Department and Regulatory/Government Affairs colleagues;
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Establishing and cultivating direct relationships with key regulators for PNC, including the OCC, the Federal Reserve, the FDIC, and the CFPB;
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Advising senior management on key regulatory issues and trends and on how to proactively manage regulatory issues and relationships;
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Assisting in the formulation of policy responses (including comment letters) to new regulations and guidelines that impact PNC, particularly in the areas of prudential regulation (e.g., enhanced prudential standards, early remediation frameworks, modifications to 23A and 23B, capital and liquidity standards).
Day to day activities would include meeting with PNC’s lines of business (including Retail, Mortgage, Corporate & ! Institutional Banking and Asset Management) and enterprise functions (Risk, Compliance, ALM and Finance) to formulate policy priorities, interacting with trade associations to advance PNC's policy priorities, drafting comment letters to regulators on new rulemakings, meeting with regulators to explain PNC’s policy positions, and preparing executives to meet with staff of various government agencies;
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Serving as lead counsel for working groups established to guide and manage the implementation of new regulations and guidelines;
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Leading the preparation and oversight of bank regulatory filings related to new business initiatives, acquisitions, and reorganizations, as well as interpretive requests related to cutting-edge products and services; Working cooperatively with leaders from Compliance and Audit
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Providing a high degree of specialized expert legal advice and counsel to senior attorneys supporting the lines o! f business, as well as management in those areas, on a wide array of ba! nk regulatory issues (e.g., anti-tying restrictions, regulatory reporting requirements, lending limits, compliance with Sections 23A and 23B of the Federal Reserve Act) in support of the company’s efforts to achieve its business goals in compliance with law and regulation.
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The individual in this position is expected to act independently on most matters, subject to the oversight of the Senior Deputy General Counsel.
Requirements:
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JD from an accredited law school
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Generally have ten or more years of experience or otherwise be well qualified in the bank regulatory envir
onment which is recognized in the market as specialized and in high demand.
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Strong understanding of the Dodd-Frank Act, National Bank Act, Federal Deposit Insurance Act, Federal Reserve Act, and regulations of the Federal banking agencies
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Willingness to travel up to 20% of the time
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If you were eligible to this position, please email us your resume, with salary requirements and a resume to PNC Bank.
If you interested on this position just click on the Apply button, you will be redirected to the official website
This position starts available on: Thu, 02 Jan 2014 19:14:10 GMT