As the regulatory landscape is constantly evolving, Compliance Risk Concepts (“CRC”) is issuing its monthly […]
Charlene worked for The PNC Financial Services Group, Inc. (“PNC”) for over 35 years until retiring in 2013. During her career at PNC, Charlene performed financial analysis of departments of PNC Bank, assisted in budget preparation, audited departments of PNC Bank, performed analysis of various acquisition candidates, had responsibility for month end close of over 30 subsidiaries of PNC, prepared and reviewed monthly reconcilements, managed over 10 employees and was the designated Financial and Operations Principal (“FINOP”) for PNC’s numerous broker/dealers.
Charlene has been a licensed FINOP for approximately 25 years. In her role as FINOP, Charlene was responsible for several of PNC’s broker/dealers including both retail and institutional firms and fully disclosed and self-clearing firms. Her responsibilities included filing of FOCUS reports, computation of reserve formula requirements, and preparation of financial statements for year-end audit, review of all reconcilements and general ledger entries and interaction with FINRA and SEC regulators as well as external auditors.
Charlene received her BSBA degree from Robert Morris University and her MBA from the University of Pittsburgh. She was a licensed Certified Public Accountant in Pennsylvania for over 30 years. Charlene currently serves on the FINRA Series 27/28 Qualification Examination Committee.