Conduct Risk & Incentive Compensation Oversight Director

Truist Financial • Atlanta, GA

249d

About The Position

The Conduct Risk and Incentive Compensation Oversight Director serves as a leader within the Ethics and Conduct function, responsible for advancing the firm's strategy for incentive compensation governance through the lens of conduct and enterprise risk. This role brings seasoned risk expertise and business fluency to evaluate, challenge, and influence compensation programs. This role partners directly with executive leadership across the enterprise, providing risk-informed guidance and effective challenge on incentive plan, performance metrics, and reward outcomes. The role promotes a balance of risk and rewards, reinforces strong control standards and drives alignment with regulatory expectations, enterprise strategy, and risk appetite. Operating within the Second Line of Defense (LOD2), this role integrates insight across conduct-related matters, including Sales Practices, Teammate Concerns and Investigations, Code of Ethics operations, and Reputational Risk to drive holistic oversight and behavioral accountability.

Requirements

• B.A., B.S. with specialization in Finance, Economics, Accounting, Business Administration, or related fields.
• Ten years of relevant experience in line of business, risk management, or consulting, preferably with large financial services institutions, consulting firms, and/or regulatory agencies, having managed small to medium-sized teams.
• Experience with formulating and managing programs including risk strategy, risk framework, and risk appetite.
• Strong analytical skills with high attention to detail and accuracy.
• Strong communication and interpersonal skills; ability to influence and consult strategically across a large institution with various levels of leadership/stakeholders, including Executive Leadership.
• Demonstrated success in leadership and change management.

Nice To Haves

• Advanced Degree or Risk certification program.
• Prior experience engaging with internal / external auditors and external regulators.

Responsibilities

• Lead the development and oversight (LOD2) of the firm's incentive compensation risk governance program, spanning Annual Incentive Plans (AIP), Business Incentive Plans (BIP for revenue-generating teammates), and Long-Term Incentives (LTI), including executive compensation.
• Serve as a key advisor to executive leadership, Total Rewards on incentive design, risk mitigation, and performance alignment.
• Apply risk judgement and effective challenge to ensure incentive plans reflect ethical behavior, sustainable outcomes, and control environment.
• Oversee execution and calibration of the Business Incentive Plan Risk Assessment (BIPRA) tool; ensure vertical and horizontal consistency, where appropriate, in risk evaluation, design, and mitigation.
• Integrate incentive oversight with broader conduct risk efforts, including Sales Practices, Teammate Concerns and Investigations, Code of Ethics operations, and Reputational Risk to ensure programmatic alignment and support risk intelligence.
• Develop governance documents, training and communication to drive enterprise awareness and understanding of incentive risk.
• Manage and mentor a team of risk professionals in alignment with policy expectations to provide independent risk oversight of supporting risk programs.
• Collaborate with internal stakeholders to build processes utilizing data analytics and emerging technologies to identify, assess, and monitor conduct-related risk and incentive plan effectiveness.
• Manage the development of governance and other required reporting to ensure adherence with risk reporting and enterprise committee governance standards.
• Stay abreast of risk program owner requirements and ensure connectivity to Enterprise Risk Management requirements across all level one risk types.
• Maintain awareness of industry trends, peer and best practices, and evolving regulatory standards related to incentive governance, integrating relevant insights as applicable.
• Accountable for ensuring timely and effective remediation of assigned self-identified and audit findings/issues.

Benefits

• Medical, dental, vision, life insurance, disability, accidental death and dismemberment.
• Tax-preferred savings accounts.
• 401k plan.
• No less than 10 days of vacation during the first year of employment.
• 10 sick days.
• Paid holidays.
• Defined benefit pension plan, restricted stock units, and/or a deferred compensation plan may be available.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree