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Institutional Trust Manager

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 an Institutional Trust Manager, within PNC's Institutional Asset Management organization, you will be based in Pittsburgh, PA or Cleveland, OH.

Job Description

  • Oversees Institutional Trust services for an assigned team. Ensures the consistent execution of the terms of any corporate assets, retirement plan or charitable and endowment document in which PNC serves as trustee or agent by providing leadership and direction to team. Participates in the performance management, hiring and coaching reviews of team members.
  • Supports leadership to ensure the consistent execution and administration of assigned accounts in accordance with documents, state and federal regulations, policy and procedure using approved platform of solutions. Provides industry/market insights and perspectives. Serves as subject matter expert and demonstrates technical expertise in sophisticated institutional trust strategies.
  • Demonstrates ability to consistently maintain and retains assets under management or under administration, by educating clients on available tools and resources through working with clients, beneficiaries and gatekeepers. Meets regularly with clients both on and/or off bank premises to maintain relationships. Identifies client needs and refers to partners for other bank products and services as sales opportunities. Cultivates a referral network through client relationships.
  • Acts as a resource and proactively supports the team in the acquisition of new clients and the expansion of services. Managers relationships with Institutional Asset Management partners in support of customer communications, technology needs, or presentations and introduces team members to meet client needs for assigned accounts. Prepares and presents appropriate material for senior management or committee review.
  • Executes risk management practices through adherence to PNC's policies and procedures. Proactively identifies, resolves or escalates risk management issues and sees through the resolution of legal and compliance-related issues for assigned accounts. Communicates with clients and business partners, solves problems and escalates anticipated or known client issues/concerns. Responsible for driving continuous process improvement

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.

PNC also has fundamental expectations of our people managers. As a manager of talent in PNC, you will be expected to:

  • Include Intentionally - Cultivates diverse teams and inclusive workplaces to expand thinking.
  • Live the Values - Role models our values with transparency and courage.
  • Enable Change - Takes action to drive change and innovation that will transform our business.
  • Achieve Results - Takes personal ownership to deliver results. Empowers and trusts others in decision making.
  • Develop the Best - Raises the bar with every talent decision and guides the achievement of all employees and customers.

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

Asset Management, Client Relationship Building, Consumer Lending, Credit Risk Analysis, Financial Operations, General Ledger (GL), Process Improvements

Competencies

Account Management, Accuracy and Attention to Detail, Business Development, Effective Communications, Industry Knowledge, Problem Solving, Regulatory Environment - Financial Services, Relationship Management

Work Experience

Roles at this level typically require a university / college degree, with 5+ years of industry-relevant experience. At least 3 years of prior management experience is typically required. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

Education

Bachelors

Certifications

No Required Certification(s)

Licenses

No Required License(s)

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; 8 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 Your PNC Total Rewards.

Disability Accommodations Statement

If an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com. Please include “accommodation request” in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses.  Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.


At PNC we foster an inclusive and accessible workplace.  We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.

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.

This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.

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.

Average salary estimate

$100000 / YEARLY (est.)
min
max
$80000K
$120000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Institutional Trust Manager, PNC

Are you an experienced leader in the asset management field looking for your next challenge? PNC is seeking an Institutional Trust Manager to join our Institutional Asset Management team. This exciting role allows you to oversee Institutional Trust services while fostering an inclusive workplace culture where every team member feels valued. As the Institutional Trust Manager, you will ensure the seamless execution of corporate assets, retirement plans, and charitable documents. Your leadership will guide your team in maintaining strong client relationships, addressing client needs, and offering tailored solutions to enrich the customer experience. You will also play a vital role in acquiring new clients, expanding services, and recognizing sales opportunities. Your ability to work collaboratively with various stakeholders is crucial for achieving goals and driving continuous process improvement. We're looking for someone who embodies our core values of customer focus and risk management, while also cultivating a diverse team to foster innovative thinking. If you're ready to take the lead and make a significant impact within PNC, we encourage you to explore this incredible opportunity!

Frequently Asked Questions (FAQs) for Institutional Trust Manager Role at PNC
What are the responsibilities of an Institutional Trust Manager at PNC?

As an Institutional Trust Manager at PNC, your key responsibilities include overseeing Institutional Trust services, ensuring compliance with regulations, and providing leadership to your team. You'll be involved in performance management, client education, and risk management while developing strong relationships with clients and internal partners. Moreover, you'll ensure that the execution of corporate assets and retirement plans aligns with established guidelines.

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What qualifications and experiences are needed for the Institutional Trust Manager role at PNC?

To succeed as an Institutional Trust Manager at PNC, candidates should possess a bachelor's degree and have a minimum of 5 years of relevant industry experience, including at least 3 years in a managerial position. Strong asset management skills, client relationship building, and attention to detail are also essential to excel in this role.

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How can an Institutional Trust Manager contribute to the success of PNC?

An Institutional Trust Manager at PNC can significantly contribute to the company's success by fostering strong client relationships, adhering to risk management practices, and actively acquiring new clients. By developing tailored solutions and continually improving services, you will not only enhance client satisfaction but also promote the growth and reputation of PNC in the asset management industry.

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What types of clients will an Institutional Trust Manager work with at PNC?

In the role of Institutional Trust Manager at PNC, you'll engage with a diverse range of clients, including corporate trusts, retirement plans, and charitable organizations. Building strong relationships with clients and stakeholders will enable you to identify their needs and recommend suitable financial solutions to enhance their trust management experience.

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What benefits can an Institutional Trust Manager at PNC expect?

An Institutional Trust Manager at PNC can look forward to a robust benefits package that includes medical coverage, a 401(k) plan with company match, generous paid time off, and professional development opportunities. The supportive work culture and commitment to employee well-being make PNC an excellent place for career growth.

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Common Interview Questions for Institutional Trust Manager
How do you manage client relationships as an Institutional Trust Manager?

When managing client relationships as an Institutional Trust Manager, it's crucial to prioritize open communication and regular check-ins. Demonstrating an understanding of the client's needs and proactively suggesting tailored solutions reinforces trust and satisfaction. Highlight specific strategies you've used in the past to build and maintain strong relationships.

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What strategies do you employ to ensure compliance with regulations in trust management?

To ensure compliance, I'd implement a thorough understanding of the relevant statutes and regulations while conducting regular audits and training sessions for the team. It's essential to remain educated on changes in regulations and to foster a culture of compliance within the team. Sharing past experiences where you identified and rectified compliance issues will showcase your expertise.

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Can you describe a time when you successfully acquired a new client?

In securing a new client, I focused on understanding their unique needs and presented tailored solutions that demonstrated the value PNC could provide. By leveraging existing relationships and networking, I was able to establish trust and rapport, which resulted in a successful partnership. Sharing specific metrics or outcomes would highlight your effectiveness.

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How do you handle risk management in your team?

I approach risk management by establishing clear protocols and empowering team members to identify and report potential issues. By fostering an environment of transparency, we can collaboratively address risks before they escalate. Providing a real-world example of overcoming a risk-related challenge can illustrate your capability in this area.

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What role does communication play in your leadership style?

Effective communication is fundamental to my leadership style, as it ensures all team members are aligned toward common goals. I encourage feedback and open dialogue, which enhances team cohesion and fosters innovation. Highlighting how your communication skills have positively impacted past team dynamics can be beneficial.

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How do you prioritize your responsibilities as an Institutional Trust Manager?

Prioritizing responsibilities involves assessing both short-term tasks and long-term objectives. I find it helpful to establish a system that categorizes tasks by urgency and impact, allowing me to allocate resources efficiently. Sharing specific examples of how you've successfully managed competing priorities would add weight to your response.

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What techniques do you use to educate clients about trust management services?

I employ a variety of techniques, including personalized presentations and workshops, to educate clients about our trust management services. Tailoring the information to their specific circumstances and needs helps them understand how PNC can aid in their financial management. Mentioning successful educational initiatives you've led can highlight your effectiveness.

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Describe your experience with institutional asset management.

My experience in institutional asset management includes overseeing various accounts, implementing best practices for asset growth, and ensuring compliance with industry standards. I'm well-versed in navigating the complexities of investment strategies and possess a deep understanding of client needs within this sector. Achieving specific performance metrics can illustrate your expertise.

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How do you measure the success of your team?

I measure my team's success through performance metrics, client satisfaction surveys, and regular feedback sessions. By establishing clear goals and recognizing team achievements, we maintain a motivated and high-performing environment. Discussing particular metrics or outcomes achieved could provide depth to your response.

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What do you believe is the most challenging aspect of being an Institutional Trust Manager?

The most challenging aspect is balancing the competing demands of client expectations and regulatory requirements. It requires strong problem-solving skills and attention to detail to navigate these complexities effectively. Offering anecdotes from your experience that depict how you've addressed such challenges can make your response impactful.

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MATCH
VIEW MATCH
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
No info
HQ LOCATION
No info
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 19, 2025

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