Senior Business Risk Officer

Required Skills:10 years capital markets/investment banking experience, with a thorough knowledge of both front and back office operations, activities, and controls.Additional Preferred Skills:Strategic understanding of the business and the ability to align tactical activities with strategic business outcomes.  Creativity combined with strong analytical and problem solving abilities. Critical and perceptive judgment. Organizational leadership supported by strong interpersonal and verbal/written communications skills. The ability to effectively interact across all levels of the organization to achieve results. Critical and perceptive judgment.  Advanced degree in business.Job Description:Critical for success will be an understanding of the process lifecycle of the businesses’ products (both on the equity and debt side of the business including derivatives and structured finance transactions) from origination through trade settlement and subsequent P/L calculationsBring a holistic business view of risk including operational, market, credit, and reputational risk to assure a cultural embracement and embeddedness by the business.  This is to be accomplished by demonstrating businesses acumen. Lead the interaction between Risk Management and the business by creating an atmosphere of risk dialogue that involves all relevant stakeholders, identifies and understands key risks undertaken by the business and makes informed decisions about risk-return relationships.Partner with the business in the development of business strategies and short term tactics to achieve these strategies in a manner which fits the businesses declared risk tolerances. In this role will support new business initiatives from concept to implementation to assure identification and mitigation of inherent and differentiated risks in a manner that optimizes the risk reward equation in a predictable fashion.  Respond to internal and environmental risks as they emerge and or are realized.  Assure effective response / mitigation and transparency to risk events and coordinate root cause analysis.  Develop preemptive mitigation strategies as emerging risks are identified.Assure the businesses’ identification of key risk issues within the trading processes by identifying key risks across each risk category, identify and assess the control environment, identify potential risk/control gaps and assess residual risk.  Drive alignment of business resources and support teams to assess and implement business risk mitigation strategies and assures the development of key performance indicators to monitor performance on an ongoing basis.Working with Corporate Risk Management to ensure adequacy and effective application of a risk management framework.  Initiates, manages, and completes special projects that support the strategic objectives of the Risk Management organization by facilitating the interaction between the Risk Management organization and businesses.  Directs other team members (either direct reports or risk management/line managers) to accomplish results. Interested individuals please submit your resume by selecting the "Apply Now" button. By selecting the "Apply Now" button you will be linked automatically to PNC's website to submit your resume. This is not, in and of itself, an application for employment. After your resume is submitted, it will be available for review and consideration by the recruiter for this position. If you are scheduled for an interview, you will be asked to complete an employment application at that time. Company: PNC Bank Location: Pittsburgh, PA 15222 Status: Full Time, Employee Job Category: Accounting/Finance/Insurance Career Level: Experienced (Non-Manager) Reference Code: 480087 PNC offers an exceptional array of benefits, a competitive salary, a 401 (k) saving plan and an environment that offers not only support, but intellectual challenge and reward as well. For additional information, please visit our website www.pnc.jobs. We are an EOE, Drug/Smoke-Free Employer. M/F/D/V/SO.