Business Unit Risk Advisor I - Core Technology and Operations

Truist Bank • Charlotte, NC

14d

About The Position

Engage with Technology Business Unit leadership in its management of risks and controls as well as its execution of risk program requirements. Execute, facilitate and/or monitor execution of Risk Program requirements (e.g., Issues Management, RCSA, KRIs, etc.) within the Technology Business Unit. Provide strategic insight, risk advice and influence to assigned Business Unit. Concur with material risk taking by the Business Unit and escalate unacceptable risks. Aggregate, integrate, correlate and report risks for assigned Business Unit. Present risk aggregation, key risks and emerging risks to senior Business Unit Leadership. Identify and opine on remediation to address weaknesses related to inadequate or failed processes, people, and systems, or external events and ensure effective remediation.

Requirements

• Bachelor’s degree in Accounting, Business, Finance or related field, or equivalent education and related training.
• 6+ years of experience in a financial institution with emphasis on risk management or equivalent work experience and training, and/or equivalent education, training and experience.
• Experience in compliance and operational risk mitigation and remediation.
• Strong communication, interpersonal, presentation and negotiation skills.
• Proven leadership and management skills.
• Strong analytical, problem solving and decision-making skills in complex environments and with senior leadership.
• Strong time management and organizational skills adaptable to a dynamic and complex work environment; Capable of handling multiple projects concurrently.
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.
• Ability to travel, occasionally overnight.

Nice To Haves

• Master’s degree in Finance, Technology or Business, or equivalent education and related training
• 10 years of large financial institution or relevant experience
• Technology delivery experience: Cloud, Software Development, Service delivery, Product Management, Infrastructure, Enterprise Architecture
• Professional designation related to risk management or field of assigned business unit(s)
• Ability to provide effective challenge to senior levels of leadership.
• Proficiency and knowledge in ARCHER GRC Platform.
• Demonstrated experience in formal risk roles (e.g., Business Unit Risk Management, Technology Risk Oversight, Audit), specifically in support of Technology Organizations.
• Experience in creating issues to mitigate risk and experience validating evidence for issue closure.

Responsibilities

• Provide strategic and tactical effective challenge for all risks present within the Business Unit (BU).
• Concur with key risk decisions and escalate unacceptable or key emerging risks to BU CRO and/or Business Unit Risk Committee.
• Guide risk-taking behavior.
• Provide counsel and advice to BU and senior BU leaders.
• Monitor risk exposures, concentrations and limits.
• Ensure risk levels stay within risk appetite.
• Opine on new or revised risk program requirements to confirm they are consistent with the Bank’s risk appetite, regulator expectations and industry standard.
• Identify areas of opportunity to improve risk visibility within BU; develop and implement plan to transform opportunity into new processes and activities.
• Assist in the development and opine on Risk Appetite Framework metrics and Key Risk Indicators within the BU as well as those defined by the BU for implementation across Truist (where applicable).
• Advocate the Bank’s risk culture, compliance with enterprise risk initiatives and promote sound risk management practices.
• Provide connectivity between the output of risk programs as appropriate.
• Coordinate with stakeholders to resolve highly complex or challenging issues.
• Advise on the effectiveness of BU risk and control environment
• Provide direction and guidance in the development of controls and governance mechanisms within the BU.
• Execute, facilitate and monitor risk governance mechanisms, including but not limited to, Risk and Control Self-Assessment (RCSA), key risk indicators, policies, risk committees and other elements of the Enterprise Risk Framework.
• Monitor issues (all types) assigned to BU, as well as those that have downstream or upstream impact to the BU, and ensure appropriate remediation.
• In conjunction with Compliance Risk Management and Legal, monitor BU adherence to applicable policies, laws and regulations.
• Aggregate, integrate, correlate and report risks.
• Test controls to confirm design is adequate and they are operating effectively.
• Communicate to BU senior leadership, regulators and Executive Committees key activities, trends, and events pertaining to risk, regulatory and audit reviews.
• Continue to promote various risk initiatives and their supporting metrics.
• Develop and maintain effective ongoing communication with other leaders in the BU and leaders of relevant BUs.
• Foster a spirit of continuous improvement and offer recommendations to refine and/or enhance Business Unit processes as necessary.
• Make recommendations for assigned personnel regarding employment, career development, performance evaluations, salary changes, promotions, transfers and terminations within established policies and guidelines.
• Other duties, as needed.

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