Capital Reporting Officer

Truist Bank•Charlotte, NC

11h

About The Position

Serve as a subject matter expert for Regulatory Capital and Risk-Weighted Assets (RWA) reporting, providing technical guidance to Finance, Controllership, Treasury, and Regulatory Reporting teams. Ensure accurate, timely, and well-controlled financial and regulatory reporting to Executive Leadership, the Board of Directors, and regulatory agencies. Partner with business lines and cross-functional stakeholders to assess the Capital and RWA implications of business initiatives, support strategic decisions, and strengthen governance and control frameworks. Drive capital efficiency while maintaining compliance with evolving regulatory requirements. The position plays a critical role in implementing and executing the Basel III Endgame regulatory capital framework. Lead regulatory reporting preparation, review, and submission; oversee reporting processes, variance analysis, examinations, audits, and issue remediation. Improve reporting capabilities, data integrity, controls, reconciliations, edit checks, and data quality validation procedures. Prepare and present analyses and executive-level materials to senior management, governance committees, and regulatory stakeholders.

Requirements

Bachelor’s degree in Accounting, Finance, Business Administration, Economics, or equivalent education and related training.
Ten years of relevant accounting or accounting policy experience.
Ability to work without supervision, manage multiple resources, priorities, and projects, and work under difficult time constraints.
High energy level and strong work ethic in a fast-paced, goal-driven environment; results orientation, including meeting commitments, performance metrics, and delivery dates.
Proven experience writing detailed technical reporting requirements and communicating with developers and business users.
Experience in regulatory or SEC reporting, with extensive experience in CCAR reporting.
Experience with SAP, Hyperion Reporting, and GL Master Data.
Advanced Excel and VBA skills.
Excellent verbal, written, and presentation skills, including the ability to define problems and persuasively present conclusions.
Strong, decisive leadership, high integrity, intellectual clarity, and a passion for excellence.

Nice To Haves

Deep knowledge of Regulatory Capital and RWA frameworks, with proven experience overseeing reporting and analysis under both the Standardized and Advanced Approaches.
Strong understanding of the Collateral Haircut Approach, Standardized Approach for Counterparty Credit Risk (SA-CCR), Simplified Supervisory Formula Approach (SSFA), Look-Through Approach, and other applicable regulatory capital frameworks.
Fundamental understanding of the Basel III Endgame capital framework, including key regulatory capital requirements and the application of the Expanded Risk-Based Approach (ERBA).
Master’s or advanced degree in Business or Accountancy.
Certified Public Accountant (CPA) designation and strong technical accounting knowledge.
Prior experience working for a large, SEC-registered financial institution or as a senior manager-level public accountant with extensive bank experience.

Responsibilities

Serve as a subject matter expert on Regulatory Capital, RWA, accounting, and regulatory reporting requirements, and drive implementation of evolving regulations and industry best practices.
Lead preparation, review, and submission of regulatory reports in compliance with reporting instructions, supervisory guidance, and governance requirements.
Provide strategic oversight of Capital and RWA reporting processes, ensuring accuracy, integrity, timeliness, and consistency of internal and external reporting.
Partner with Treasury, Risk, Finance, and Lines of Business to implement reporting changes, promote data integrity, and align with regulatory requirements.
Lead variance analysis and root-cause investigations for significant reporting fluctuations, driving timely resolution and sustainable process improvements.
Prepare and present regulatory reporting analyses and executive-level materials to senior management, governance committees, and regulatory stakeholders.
Oversee regulatory examinations, audits, and issue remediation efforts, ensuring effective governance, compliance, and control execution.
Drive complex problem-solving and change management initiatives to enhance reporting capabilities, strengthen controls, and support strategic business objectives.
Design and enhance reporting processes, controls, reconciliations, edit checks, and data quality validation procedures.

Benefits

Medical insurance
Dental insurance
Vision insurance
Life insurance
Disability insurance
Accidental death and dismemberment coverage
Tax-preferred savings accounts
401(k) plan
At least 10 days of vacation during the first year, prorated based on hire date and full-time or part-time status
10 sick days, prorated
Paid holidays
Depending on position and division, possible eligibility for a defined benefit pension plan, restricted stock units, and/or deferred compensation plan