Risk and Regulatory Execution Consultant
Apply NowCompany: Truist Financial
Location: Atlanta, GA 30349
Description:
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Need Help?
If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (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:
The Risk and Regulatory Execution team documents and performs both overarching risk management and group specific risk processes for Wholesale Banking. Collaborates cross-functionally with other risk leaders to enhance and execute Truist's risk strategy. Serves as subject matter experts where required for Third Party, Regulatory, Compliance and Process risk and regulatory reporting. The team manages (or is primary contact for) regulatory exams, audits, risk and control self-assessments and any subsequent issue remediation to closure. The team also aids in the development and documentation of risk playbooks and procedures for the sub lines of business to help drive development and execution of risk management.
This role is part of the Wholesale Enablement and Execution team and will support CRE and SC.
Essential Duties and Responsibilities
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. Ensures groups understand risk for their LOB, appropriately mitigate risks and execute according to policy and regulations.
2. Manages and assists with the build and maintenance of best practices playbooks for each LOB. Ensure procedures are documented.
3. Reviews quality assurance activities, enhance controls within each line of business.
4. Monitors and analyzes issues for recurring symptomatic events. Identifies and recommends preventative solutions.
5. Works with the Governance and Controls Office and Compliance to document /report group level KRIs/KPIs.
6. Ensures compliance/risk training is completed by the required businesses.
7. Manages and continuously enhances Business Continuity Plans, Information Access Management, and Business Impact Analysis and Disaster Recovery plans; ensures plans are managed, documented and appropriately tested.
8. Assists with LOB risk execution ensuring LOB has the tools, documents and information as needed.
9. Assists with monitoring ongoing regulatory exam, walkthroughs and audits including consolidated reporting for exec level review.
10. Maintains the administrative infrastructure for Wholesale including organizational charts, committee charters, ease of access to risk and training materials.
11. Communicates applicable new and existing regulation, policies, procedures.
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. BA/BS degree
2. Minimum of 8 years of working experience in financial services, preferably operational risk, compliance or related field
3. In-depth knowledge of investment banking, capital markets, industry sector and/or financial products
4. Strong presentation skills with the ability to effectively summarize complex information and risks in clear and concise reports and deliver it in executive level presentations with precision
5. Superior skills in written and oral communications
6. Advanced proficiency with Microsoft Office Suite
Preferred Qualifications:
1. 10-12 years of working experience in financial services, preferably operational risk, compliance or related field
2. Knowledge of one broker dealer, swap dealer or bank dealer products
3. Technology product owner experience
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. 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 is an Equal Opportunity Employer that does not discriminate 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 Pay Transparency Nondiscrimination Provision E-Verify
Need Help?
If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (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:
The Risk and Regulatory Execution team documents and performs both overarching risk management and group specific risk processes for Wholesale Banking. Collaborates cross-functionally with other risk leaders to enhance and execute Truist's risk strategy. Serves as subject matter experts where required for Third Party, Regulatory, Compliance and Process risk and regulatory reporting. The team manages (or is primary contact for) regulatory exams, audits, risk and control self-assessments and any subsequent issue remediation to closure. The team also aids in the development and documentation of risk playbooks and procedures for the sub lines of business to help drive development and execution of risk management.
This role is part of the Wholesale Enablement and Execution team and will support CRE and SC.
Essential Duties and Responsibilities
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. Ensures groups understand risk for their LOB, appropriately mitigate risks and execute according to policy and regulations.
2. Manages and assists with the build and maintenance of best practices playbooks for each LOB. Ensure procedures are documented.
3. Reviews quality assurance activities, enhance controls within each line of business.
4. Monitors and analyzes issues for recurring symptomatic events. Identifies and recommends preventative solutions.
5. Works with the Governance and Controls Office and Compliance to document /report group level KRIs/KPIs.
6. Ensures compliance/risk training is completed by the required businesses.
7. Manages and continuously enhances Business Continuity Plans, Information Access Management, and Business Impact Analysis and Disaster Recovery plans; ensures plans are managed, documented and appropriately tested.
8. Assists with LOB risk execution ensuring LOB has the tools, documents and information as needed.
9. Assists with monitoring ongoing regulatory exam, walkthroughs and audits including consolidated reporting for exec level review.
10. Maintains the administrative infrastructure for Wholesale including organizational charts, committee charters, ease of access to risk and training materials.
11. Communicates applicable new and existing regulation, policies, procedures.
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. BA/BS degree
2. Minimum of 8 years of working experience in financial services, preferably operational risk, compliance or related field
3. In-depth knowledge of investment banking, capital markets, industry sector and/or financial products
4. Strong presentation skills with the ability to effectively summarize complex information and risks in clear and concise reports and deliver it in executive level presentations with precision
5. Superior skills in written and oral communications
6. Advanced proficiency with Microsoft Office Suite
Preferred Qualifications:
1. 10-12 years of working experience in financial services, preferably operational risk, compliance or related field
2. Knowledge of one broker dealer, swap dealer or bank dealer products
3. Technology product owner experience
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. 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 is an Equal Opportunity Employer that does not discriminate 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 Pay Transparency Nondiscrimination Provision E-Verify