Charlotte, NC, 28230, USA
11 hours ago
Senior Capital Oversight Risk Manager
**The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.** Need Help? (https://www.brainshark.com/bbandt/careers-site-faq) _If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (careers@truist.com?subject=Accommodation%20request)_ _(accommodation requests only; other inquiries won't receive a response)._ **Regular or Temporary:** Regular **Language Fluency:** English (Required) **Work Shift:** 1st shift (United States of America) **Please review the following job description:** Serve as a subject matter expert, providing guidance independent oversight to Truist’s capital management processes, including CCAR. Aggregate, integrate, and correlate all risks that occur to provide significant strategic recommendations to the Chief Risk Officer, Chief Financial Officer, Treasurer, and the Risk Committee of the Boards. Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. 1. Provide strategic risk advisory to the Chief Risk Officer, Chief Financial Officer, Treasurer, and the Risk Committee of the Boards. 2. Assess capital goals, estimation methodologies / measurements and underlying controls. 3. Define the respective capital risk appetite in coordination with Executive Management and ensure that Treasury is operating within it. 4. Advocate Truist’s risk culture throughout the Capital Planning process; educate teammates on sound risk management practices. Lead, drive and embed best practice and pragmatic risk/control management 5. Deliver a dynamic Capital Oversight Report to the Risk Committee of the Boards that outlines observations, conclusions, and risk-enhancing recommendations. 6. Conduct control testing of high-risk areas of the Capital Planning process while reviewing design and effectiveness. 7. Independently review balance sheet and income statement forecasted results for reasonableness. 8. Conduct regulatory mapping (e.g., SR 15-19) against the current Capital Planning environment to ensure Treasury and other forecast owners are meeting enhanced supervisory expectations. 9. Basel reforms and U.S. risk-based capital rulemaking review (including the Fundamental Review of the Trading Book) 10. Ensure risk limits are consistent with the Corporation’s stated Risk Appetite through definition or formal limit approval. 11. Represent the Risk Management Organization and engage with supervisory agencies through examinations, touchpoints and other activities. 12. Strong knowledge of all risk classes; responsible for development of the firm-wide risk playbook, including all aspects of contingency planning (e.g. capital, liquidity) 13. Serve as a member of the firm’s Capital Committee **Qualifications** **Required Qualifications:** The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 1. Fifteen years of risk management experience in financial services including extensive experience in CCAR, forecasting, model risk management, credit administration, and loan policy 2. Strong leadership, decision-making and communication skills in the discussion of risk management with a wide range of management levels 3. Knowledge and understanding of market dynamics, interest rates, accounting and financial products 4. Broad risk and regulatory knowledge 5. Superior ability to think strategically, multi-task, and drive change 6. Strong quantitative, governance, and analytic abilities 7. Ability to make decisive and quick decisions; embraces challenges and change 8. Executive and board level presentation skills **Preferred Qualifications:** 1. More than 15 years of risk management experience in financial services or related field 2. Master’s degree in Business Administration (MBA) or advanced degree in Business Management or Finance 3. Strong analytical and organizational skills, including the ability to translate risk management framework objectives into actionable and executable tasks for businesses 4. Ability to forge strong, trusting relationships with Executive Management and Senior Leadership 5. FRM/CFA or equivalent advanced risk certification (or relevant Advanced Degree) 6. Experience working with supervisory agencies and representing firms in supervision examinations **General Description of Available Benefits for Eligible Employees of Truist Financial Corporation:** All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site (https://benefits.truist.com/) . Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work. **_Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace._** EEO is the Law (https://www.eeoc.gov/sites/default/files/2022-10/EEOC\_KnowYourRights\_screen\_reader\_10\_20.pdf) Pay Transparency Nondiscrimination Provision (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp\_%20English\_formattedESQA508c.pdf) E-Verify (https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify\_Participation\_Poster\_ES.pdf)
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