Business Data Steward- Finance

Truist Bank • Charlotte, NC

4d

About The Position

Identifies finance business unit data critical business process and critical data elements in alignment with Enterprise Data Management and Governance established policies, standards, and procedures. Ensures data controls are implemented and maintained to effectively support the execution of finance-business processes. Participates in domain working groups, best practices forums, and data management routines to stay informed of industry trends and support the accuracy and completeness of data through the supply chain. 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.

Requirements

• Equivalent combination of advanced education and related experience, which could include any combination of: 5 years of experience managing business processes or experience in technical-related decisions on the business side
• Communications skills, including, negotiation/facilitation/presentation skills
• Knowledge of current and emerging application software products and tools
• Project management experience
• Analytical and architectural skills
• Ability to manage a high volume of internal client relationships, particularly with Finance and Regulatory Reporting stakeholders.

Nice To Haves

• Bachelor’s or master’s degree in finance, accounting, business analytics, computer science, Information Technology, or a related field
• Knowledge of Data and Analytics including emerging trends
• Understanding of finance operations, regulatory frameworks (e.g. Basel, CCAR, FR Y-9C), banking operations, risk management, and regulatory compliance
• Excellent leadership, communication, and interpersonal skills
• Familiarity with machine learning, data analytics, and artificial intelligence in financial institutions
• Banking or financial services experience

Responsibilities

• Responsibilities include participating in definition and validation of finance business critical process and the associated critical data elements (CDEs) that support them.
• Business Metadata Management: a. Onboard new CDEs that are specific to corresponding Business Unit or Corporate Group – collaborate with Technical Data Stewards. b. Propose new CDEs and Data Domains to Data Domain Working Group for approval – collaborate with Data Domain Working Group. c. Review assigned CDEs and their business metadata on an established frequency basis – collaborate with Metadata Center of Excellence (COE). d. Discover and execute CDE change requests – collaborate with Metadata COE; Technical Data Stewards. e. Submit CDE change requests for approval to Data Domain Working Group – collaborate with Data Domain Working Group, Metadata COE, and Technical Data Stewards. f. Perform business process and traceability mapping – collaborate with Business Unit / Corporate Group representatives, Metadata COE and Technical Data Stewards. g. Review trusted source assignments – collaborate with Technical Data Stewards.
• Data Quality: a. Define data quality rules and standards for finance data within the corresponding Business Unit or Corporate Group. b. May partner with Technical Business Stewards to enroll and implement Data Quality rules for corresponding Business Unit or Corporate Group into appropriate systems– collaborate with Technical Business Stewards. c. Monitor Data Quality activities, track data issues and risks, and develop associated mitigation strategies for finance data. d. Resolve Data Quality Issues, including items impacting financial reporting and regulatory compliance.
• Enterprise Metadata Repository / Metadata Catalogue: a. Onboard new CDEs’ related business metadata – collaborate with Metadata COE. b. Update central metadata repository with business metadata content (business terms, definitions, classifications, and business and Data Quality rules) – collaborate with Metadata COE and Technical Data Stewards. c. Review CDEs’ metadata on an established frequency basis – collaborate with Metadata COE. d. Discover and execute CDE metadata update requests – collaborate with Metadata COE. e. Get CDE metadata change requests approved with Data Domain Working Group – collaborate with Data Domain Working Group.
• Data Privacy, Security, Retention and Archiving: a. Monitor data security for data elements for finance related data elements. b. Report or escalate data privacy issues to Data Privacy Group – collaborate with Chief Privacy Officer and team. c. Review data requirements to enable compliance with Privacy Policy and other similar corporate policies and documents – collaborate with Chief Privacy Officer and team. d. Enable the application of corporate strategy, policy, and ethics for all consumers of data from given Business Unit or Corporate Group. e. Monitor data for alignment with national and regional regulations as well as with corporate ethical standards.
• Data Sharing, Access Control and Data Transfer: a. Define Data Privacy rules and align them with the Enterprise Privacy Policy in collaborate with Chief Privacy Officer b. Participate in defining archiving, retention, and data destruction requirements for CDEs for corresponding Business Unit or Corporate functions in collaboration with the CDAO and Chief Privacy Officer. c. Review data requirements to enable compliance with Privacy Policy and other similar corporate policies and documents – collaborate with Chief Privacy Officer and team. d. Enable the application of corporate strategy, policy, and ethics for all consumers of data from given Business Unit or Corporate Group. e. Monitor data for alignment with national and regional regulations as well as with corporate ethical standards

Benefits

• 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.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees