Senior Counsel - Treasury Management

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. As Senior Counsel within PNC's Business & Finance Group, you will be based in Philadelphia, PA or Pittsburgh, PA.

The PNC legal department’s Business & Finance Group consists of more than 60 attorneys and paralegals, located primarily in Pittsburgh and Philadelphia, PA. The Treasury Management legal team, a unit within the Business & Finance Group, is seeking an experienced lawyer with expertise in treasury management to join the legal team supporting this business.

This attorney will be responsible for providing general legal advice and support to treasury management senior managers, sales officers, product managers and operations teams on a wide variety of matters of varying complexity relating to the broad array of treasury management products and services offered. Primary tasks include counseling the business on product development and other new business initiatives, drafting, reviewing and negotiating customer and vendor agreements, handling customer disputes, reviewing marketing materials, conducting training for the business on selected topics, and monitoring and advising the business on legislative, industry and regulatory changes applicable to the treasury management business, and changes to NACHA and other payment system rules. In all of these activities, the job requires the ability to identify risks to the company and practical ways to effectively address those risks. This position will also participate in special projects and assignments as needed.

This position requires the following areas of experience/expertise:

• General knowledge of banking law, as well as knowledge of Articles 3, 4 and 4A of the Uniform Commercial Code.

• Familiarity and experience with legal issues arising out of payment systems and cash management services such as wire transfer, ACH, lockbox operations, invoice automation and receivables processing, use of check images, etc. are required.

• Strong contract drafting, negotiating, and issue-spotting skills are necessary. Knowledge of government contracting issues is a plus.

• Meaningful experience with payment systems and cash management services outside the U.S. is an important consideration for this position.

Preferences/Skills :

• A minimum of 8 years of experience, with at least 5 years representing financial institutions in the treasury management area.

• Demonstrated strong judgment, sound decision-making and solid legal analysis and oral and written communication skills. Ability to effectively interact with line of business managers and other attorneys.

• Uses knowledge of legislation, regulations and case law affecting practice area in order to think strategically, provide practical legal advice, develop policies and practices and ensure regulatory and legal compliance.

• Has ability to represent PNC effectively in interaction with external counsel for PNC and with counsel for representing other parties.

• Ability to think strategically to identify trends and risks, and ability to facility and implement solutions

• Self-starter with ability to work both independently and collaboratively, as appropriate.

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.

Competencies

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.

Education

JD (Required)