Investment Senior Counsel (Pittsburgh, PA)

| Pittsburgh, PA
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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 Senior Counsel within PNC's Legal organization, preferred candidates will be based in Pittsburgh, PA or Philadelphia, PA; but as a remote/hybrid organization we will also consider candidates with the right experience and skillset in additional locations within the PNC footprint

As Senior Counsel, you will be a part of the legal team supporting PNC's Asset Management Group (AMG). You will be responsible for providing legal advice to senior management, client facing groups and operational personnel. You will work closely with industry groups on legislative and regulatory developments affecting AMG's investment activities. You will be responsible for providing legal advice on SEC and OCC rules and regulations governing AMG's investment activities and assisting the business in interpreting and implementing new laws and regulations. You will be responsible providing creative and compliant business friendly solutions and for helping the business manage risk related to product offerings, customer agreements, marketing, RFP responses and account administration. You will be called upon to assist with the development of new products and services and other special projects.

Minimum Qualifications and Core Competencies:
• J.D. or equivalent degree from an accredited law school; good standing in a state bar (preferably PA).• Eight or more years of legal experience.• Very strong legal analytical, oral and written communications skills.• Very strong contract drafting and negotiation skills.• Substantive legal knowledge of regulatory framework for investment management activities of a national bank, registered investment advisors, and a variety of commingled vehicles (including alternative investments, mutual funds and common and collective trusts).• Solid understanding of fiduciary principles and issues, including conflicts of interest, presented in investment management and trustee relationships.• Ability to effectively interact with line of business managers, risk, compliance and support staff within a bank lines of defense model.• Experience dealing with clients in a comprehensive and complex regulatory environment. • The ability to represent PNC effectively in interactions with external counsel for PNC and with counsel representing other parties.• Sound independent judgment and ability to perform work with minimal supervision, proactive, self-starter• Strong time management skills with ability to manage multiple projects and prioritize variable workflow.

Preferred Skills:
• Experience successfully and practically operating in a complex matrixed asset management environment within a large bank, including effectively managing conflicts of interest and other reputational, operational, and regulatory risks of an investments platform for individuals, trusts and estates, charities and endowments, municipalities and corporate institutions.• Experience managing relationships with regulators (including the OCC, Fed, SEC, and FINRA, with CFPB and CFTC experience additionally helpful).• Strong communication and drafting skills, particularly in assisting clients with internal and external product marketing, client communications, and regulatory communications, including understanding of and experience applying advertising and marketing regulations from the SEC, FINRA and the OCC in both domestic and cross border context.• Experience drafting and negotiating investment-related client, trading, data and other vendor agreements.• Understanding of development, governance, operation, distribution, and marketing of traditional (mutual fund, ETF, index funds, collective funds), managed (UMA, SMA, model portfolios), and alternative (derivatives, hedge funds and fund of funds, private equity) investments offered through bank and SEC-registered entities.• Solid understanding of the various complementary rules and regulations within highly regulated entities, including familiarity with Privacy, AML/BSA, and Cybersecurity regulations.

Job Description

  • Identifies and manages legal risk for the organization.
  • Performs significant and complex legal work and regularly interacts with management.Oversees legal research, analysis, consultation and documentation within a framework of legal compliance and risk management.
  • Leads outside counsel relationships and manages expenses.
  • 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.


Business Ethics - Knowledge of practices, behaviors, applicable laws, rules, and regulations governing proper business conduct; ability to demonstrate ethical behavior in diverse situations.

Decision Making and Critical Thinking - Understanding of the issues related to the decision-making process; ability to analyze situations fully and accurately, and reach productive decisions.

Effective Communications - Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.

External Resource Management - Ability to effectively manage the utilization of external services (e.g., product or platform vendors, service providers, contractors, consultants, outsourced functions).

Influencing - Knowledge of effective influencing tactics and strategies; ability to impact decisions within and outside own organization.

Legal Analysis - Knowledge of and ability to read, interpret and draw accurate conclusions from both legal and factual information.

Legal Function - Knowledge of the major responsibilities, accountabilities, and organization of the legal function or department; ability to provide legal consulting, advice and assistance.

Negotiating - Knowledge of successful negotiation concepts and techniques; ability to negotiate successfully across the organization and with external vendors and clients in a constructive and collaborative manner.

Work Experience

Roles at this level typically require a university / college degree. Higher level education such as a Masters degree, PhD, or certifications is desirable. Industry relevant experience is typically 8+ years. Specific certifications are often required.


JD (Required)

Additional Job Description


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 > 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 [email protected]

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

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.
More Information on PNC
PNC operates in the Fintech industry. The company is located in Pittsburgh, PA. PNC was founded in 2022. It has 50977 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability Insurance, Dental Benefits, Vision Benefits, Health Insurance Benefits and Life Insurance. To see all 322 open jobs at PNC, click here.
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