The PNC Financial Services Group, Inc

Senior Counsel, Asset Management

Legal & Accounting
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Juris Doctorate (J.D.) from an accredited law school and licensed to practice law in at least one jurisdiction.
  • 8+ years of relevant industry experience in legal roles.
  • Extensive knowledge of investment management functions and investment products.
  • Expertise in fiduciary duties, suitability, and conflicts of interest.
  • Strong skills in contract drafting and negotiation, particularly in financial agreements.

Responsibilities

  • Draft and negotiate contracts with diverse financial entities including mutual funds and private funds.
  • Provide comprehensive legal guidance on investment management and regulatory matters.
  • Assist in customer account administration issues and development of new products.
  • Oversee legal research, compliance documentation, and risk management strategies.
  • Manage costs associated with outside counsel and provide strategic direction for legal operations.

Benefits

  • Comprehensive medical/prescription drug coverage, with Health Savings Account options.
  • 401(k) plan with company matching and pension plans.
  • Educational assistance, including fully paid select programs.
  • Robust wellness program featuring financial incentives.
  • Generous paid time off including vacation days, maternity/parental leave, and holidays.
Full Job Description
Position Overview

As a Senior Counsel within PNC Legal's Asset Management Group, you may be based in Pittsburgh, PA, Philadelphia, PA, Birmingham, AL, Cleveland, OH, or the District of Columbia.

PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals.

Job Description
  • Substantial experience with contract drafting and negotiation (e.g., agreements with mutual funds, subadvisors and model providers, private funds, and other vendors, as well as customer agreements)
  • Extensive knowledge of investment management functions, trading, proxy voting, pricing and valuation
  • Extensive knowledge of investment products (e.g., mutual funds, ETFs, private funds, hedge funds, derivatives, common trust funds, etc.)
  • Expertise in fiduciary duties, suitability, conflicts of interest, required disclosures
  • Expertise in bank regulatory requirements applicable to investment managers, trustees, and custodians
  • Understanding of regulations applicable to registered investment advisers; SEC advertising rule
  • Experience responding to regulator inquiries and examinations
  • Ability to assist business with customer account administration issues, special projects, development of new products and services
  • Experience with ERISA plans and/or IRAs a plus
  • Ability and willingness to develop new skills, adapt to change, make connections across different products, services, and lines of business
  • Excellent judgment and ability to help business partners achieve their goals in a risk appropriate manner
  • Performs significant and complex legal work while regularly interacting with management. Oversees legal research, analysis, consultation, and documentation within a framework of legal compliance and risk management.
  • Responsible for managing the expense for outside counsel relationships, provides strategic direction on when to leverage outside counsel.
  • Works with outside counsel combining their advice with analysis and feedback from internal stakeholders to provide practical guidance.
  • 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.


Qualifications

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.

Preferred Skills
Business Transactional Law, Contract Law, Legal Compliance, Legal Consulting, Legal Practices, Legal Risk, Regulatory Compliance, Risk Assessments, Transactional Law

Competencies
Business Ethics, Decision Making and Critical Thinking, Effective Communications, External Resource Management, Influencing, Legal Analysis, Legal Function, Negotiating

Work Experience
Roles at this level require a Juris Doctorate (J.D.) degree from an accredited law school and licensed to practice law in at least one jurisdiction. Industry-relevant experience is typically 8+ years.

Education
JD (Required)

Certifications
Active State License - Multiple Issuers

Licenses
No Required License(s)

Pay Transparency

Base Salary: $133,000.00 - $296,400.00

Salaries may vary based on geographic location, market data and on individual skills, experience, and education. This role is incentive eligible with the payment based upon company, business and/or individual performance.

Application Window

Generally, this opening is expected to be posted for two business days from 06/11/2026, although it may be longer with business discretion.

Benefits

PNC offers 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; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives.

In addition, PNC generally provides the following paid time off, depending on your eligibility: 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.

To learn more about these and other programs, including benefits for full time and part-time employees, visit pncthrive.com.

About The PNC Financial Services Group, Inc

PNC is a financial service company providing bank deposit products and services to its community. The company assets (as of December 31, 2011) of approximately $271.2 billion. PNC operations include a regional banking franchise operating primarily in nineteen states and the District of Columbia with more than 2,700 branches, online and mobile services together with 7,400 ATM machines, specialized financial businesses serving companies and government entities, and asset management and processing businesses.

The PNC Financial Services Group, Inc Careers

Join the vibrant team at The PNC Financial Services Group, Inc, a leader in financial services and a beacon of innovation and professional excellence. At PNC, we are committed to fostering a workplace where every team member can thrive and contribute to our collective success.

Work You’ll Do

Embark on a career with PNC and be part of a company that values diversity, leadership, and professional growth. Our team is dedicated to helping individuals and communities thrive by living our values and demonstrating our commitment to performance and integrity.

Explore Job Opportunities and Internships

Whether you're starting your career or looking to make a change, PNC offers a range of job opportunities and internships that will harness your skills and ignite your passion for financial services. From entry-level positions to leadership roles, PNC is hiring across various departments, ensuring a place for every talent and ambition.

Innovate and Lead

At PNC, innovation and leadership go hand in hand. Join us at the forefront of financial services, where your ideas can lead to better customer solutions and enhanced operational efficiency. Our culture encourages curiosity and initiative, allowing you to take your career to new heights through continuous learning and leadership opportunities.

Develop Your Career

PNC is not just a company; it's a place where you can shape your future. With robust training programs, including diversity training and professional development courses, we prepare our employees for sustained success. Career growth at PNC is supported by our commitment to mentorship and development, helping you build a rewarding career filled with exciting challenges and opportunities.

Benefits and Culture

Choosing to work at PNC means you value a culture that promotes mutual respect and teamwork. We offer competitive benefits that support the health, well-being, and financial security of our employees and their families. At PNC, we understand that our success as a company depends on the health, happiness, and productivity of our team members.

Networking and Professional Development

Advance your career through PNC’s vast networking opportunities. Connect with leaders and peers within the company through various events, training sessions, and community programs. Our commitment to professional growth is evident in our proactive approach to networking and development, helping you build meaningful connections and enhance your career trajectory.

Join Our Team

Ready to make a significant impact? Explore the current openings at The PNC Financial Services Group, Inc and find the position that matches your skills and interests. We are looking for passionate, driven, and creative team players who are ready to take the next step in their careers.

Stay Connected

Keep up to date with the latest from PNC Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that align with your career interests and get insider tips that can help you during the interview and resume submission processes.

Explore, Innovate, Grow with PNC

At The PNC Financial Services Group, Inc, your career is what you make it. Join us and discover how your unique talents can be honed and appreciated in an environment that fosters professional and personal growth. Let’s build the future of financial services together.

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Learn more about The PNC Financial Services Group, Inc
Size
57,668 employees
Market Cap
$62.6 billion
Industry
Net Income
$7.5 billion
Founded
1845
5 Year Trend
+2.9%
NASDAQ

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