Capital Reporting Officer

Truist•Charlotte, NC

About The Position

Serve as a subject matter expert on regulatory capital and risk-weighted asset (RWA) reporting requirements, providing guidance and technical expertise 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 controls. Drive capital-efficiency efforts while maintaining compliance with evolving regulatory requirements. The role is central to implementing and executing the Basel III Endgame regulatory capital framework and calls for strong knowledge of capital rules, RWA methodologies, and related reporting requirements. The position leads regulatory reporting preparation, review, and submission; provides strategic oversight of capital and RWA reporting processes; and supports examinations, audits, and remediation. It also drives analysis, process improvements, change management, and enhancements to reporting controls and data quality.

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 independently, under difficult time constraints, and manage multiple resources, priorities, and projects.
High energy, strong work ethic, and results orientation, including meeting commitments, performance metrics, and required delivery dates in a fast-paced, goal-driven environment.
Proven experience writing detailed technical reporting requirements and communicating with developers and business users.
Experience in regulatory or SEC reporting, including 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.
Demonstrated integrity, intellectual clarity, decisive leadership, and commitment to excellence.

Nice To Haves

Deep knowledge of regulatory capital and RWA frameworks, with experience overseeing reporting and analysis under both the Standardized and Advanced Approaches.
Strong understanding of methodologies including 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.
Experience at 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, advancing implementation of evolving regulations and industry best practices.
Lead the 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 to ensure internal and external reporting is accurate, complete, timely, and consistent.
Partner with Treasury, Risk, Finance, and Lines of Business to implement reporting changes, promote data integrity, and align reporting 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, 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 in the first year, prorated based on hire date and full-time or part-time status
10 sick days in the first year, prorated
Paid holidays
May be eligible for a defined benefit pension plan, restricted stock units, and/or deferred compensation plan, depending on position and division