Description:

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. PNC Legal is seeking an experienced lawyer with expertise in payments, including a specific focus on merchant processing. As a Senior Counsel within PNC’s Legal organization, you will be based within the PNC footprint and report to a Managing Senior Counsel, as a member of the Banking & Finance team.

This is a remote position and can sit anywhere within the PNC footprint, except for Colorado, Hawaii, Alaska. There is limited expectation for regular in person, in office activities

Responsibilities:
  • Providing legal counsel to partners regarding various products and services offered through Merchant Services, Treasury Management, and/or PNC financial technology partners and affiliates.
  • Staying up to date with and providing legal counsel regarding compliance with laws, regulations, and rules dealing with financial services and payments, including a specific focus on merchant processing and compliance with various payment network rules.
  • Providing advice regarding key regulatory issues and trends and assisting with developing business strategy, accordingly.
  • Collaborating with teams within PNC, including product, operations, engineering, compliance, and risk, on issues related to product development and sales.
  • Drafting and reviewing client-facing documents, including contracts and disclosures.
  • Reviewing vendor contracts.
  • Reviewing network rules and agreements.
  • Reviewing risk policies applicable to internal business partners and advising regarding same.
  • Assisting with building effective and efficient processes for legal review.

Requirements:
  • JD from an accredited law school.
  • Currently licensed to practice in the courts of one or more states with 7+ years experience.
  • Strong understanding of payments and financial services, with a specific focus on merchant processing.
  • Ability to translate legal advice into practical objectives to assist in innovation, while effectively managing legal risk.