Capital Management Consultant

Truist Bank•Charlotte, NC

3d•Onsite

About The Position

Assist in the development and execution of capital and RWA forecasts for the monthly forecast process, annual plan, and stress testing forecasts. Assist in the development of the annual Capital Plan (and related capital actions) and periodically conduct analysis of enterprise-wide stress test results for Truist and peers, ensuring methodologies incorporate all applicable regulatory and policy requirements.

Requirements

Bachelor's degree in business, accounting, economics, finance or equivalent education and related training
One to three years of banking or equivalent relevant experience
Working knowledge of statistics, financial forecasting techniques, finance theory and application, discounted cash flow analysis, economic value added (EVA) analysis, project analysis, capital budgeting theory, and cost of capital theory
Working knowledge of principles, practices, theories, and/or methodologies associated with the regulatory capital, stress testing or resolution planning disciplines. Familiar with foundational concepts of other related professional disciplines
Proven competency in Excel and PowerPoint
Ability to travel as needed, occasionally overnight

Nice To Haves

Prior experience with SAP software solutions
Accounts Payable operational knowledge

Responsibilities

Execute the monthly capital planning process (or more frequent as needed) including generation of the capital and RWA forecasts, preparation of committee materials, preparation of internal and external (i.e., regulatory) reporting requirements, and preparation of quarterly corporate dividend and earnings package for capital
Assist in the execution of capital and RWA forecasting responsibilities for stress testing processes and submissions, including preparation of challenge and committee materials, generation and submission of the annual capital plan, and completion of the requisite submission templates.
Lead small projects and ad-hoc analysis as needed, while playing significant role in larger more complex initiatives
Monitor Notices of Proposed Rulemaking (NPRs) impacting capital planning and stay abreast of industry research and changing regulatory considerations.
Execute risk controls for the capital planning processes, ensuring appropriate documentation; make process improvements as needed to processes and controls.
Create, modify, and / or execute forecasting models to perform complex ad-hoc capital analysis within tight time windows; present findings to team members and make recommendations as applicable.