Business Unit Risk Advisor I (Consumer Default Solutions)

Truist Bank•Forest Hills, NC

About The Position

The Business Unit Risk (BUR) Advisor I engages with Business Consumer Default Solution’s (CDS) 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., RCSA, KRIs, etc.) within the Business Unit and BUR. Provide risk advice and influence to assigned Business Unit. Aggregate, integrate, correlate and report risks for CDS. Identify and opine on remediation to address weaknesses related to inadequate or failed processes, people, and systems, or external events and ensure effective remediation. 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. 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

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.
Experience in Default or Consumer Lending Servicing
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.

Responsibilities

Provide risk advice and serve as risk Subject Matter Expert (SME) to assigned Business Unit across all risk types to promote and strengthen compliance with applicable regulations, policies, procedures and risk program requirements.
Partner with first- and second-line defense teammates across assigned business areas in identifying, escalating and in remediating risk control gaps to ensure compliance with Enterprise Risk Management programs and policy.
Assess, test and effectively challenge the CDS Business Unit to aide in the evaluations and self-identification of risk control weaknesses.
Assist with evaluation and assessment of the remediation efforts to confirm adequate resolution.
Aggregate, report and communicate risk results to inform teammate stakeholders of the existing risk environment and escalate material concerns to Business Unit leaders and committees.
Monitor & report on emerging risks potentially impactful to Business Unit partners and Truist.
Implement processes and record retention routines necessary to ensure Business Unit compliance with enterprise risk monitoring requirements.
Oversee risk appetite and business risk strategy ensuring adherence to defined limits. Effort includes risk identification, risk acceptance and risk prioritization of current and emerging risks.
Understand CDS’ goals, provide risk management expertise in strategic projects and seek engagement from appropriate peers for guidance and input.
Other activities and special projects, as deemed required.

Benefits

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.

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