Truist Bank-posted 12 days ago
Full-time • Manager
Onsite • Charlotte, NC
5,001-10,000 employees

This role is responsible for helping the organization achieve best-in class enterprise standards around Client Pipeline Profitability inclusive of non-financial (e.g., revenue, cost allocation) and financial (e.g., credit losses, equity allocations, hurdles, FTP) measurements and ensuring those standards are reflected and implemented in the primary pricing tool for Wholesale credit: PrecisionLender. This candidate will work with members of the team to partner with Risk, Finance and Treasury stakeholders to identify, coordinate, evolve and ensure consistency across financial methodologies, understand implementation needs in the pricing platform, and driving the maintenance and coordination of implementation. The incumbent will operate in a highly collaborative environment with significant exposure to Business Unit and other organizational leaders across all lines of business. Primary responsibilities will revolve around ownership of configurations and controls of the PrecisionLender platform, assisting the Director of Profitability Insights with management of the third party vendor relationship, understanding and implementation of various methodology standards in PrecisionLender, ownership of functionality of the virtual pricing assistant Andi, leading the control and governance framework for the Profitability Insights team, and participation of roll-out of new initiatives as they arise. This role will be critical to the success of the Profitability Insights Team, organizing and maintaining a master project plan, engaging key stakeholders, and working to ensure timely and accurate execution of all critical milestones. Please note: Beginning 1/1, Truist in-office requirement is 5 days per week LOCATION: Beginning 1/1, Truist in-office requirement is 5 days per week Please note: candidate must be located in one of the following locations: Charlotte, NC Atlanta, GA No remote or telecommute option

  • Partner with the Director of Profitability Insights to understand methodology changes impacting profitability measurement, plan and drive the implementation strategy of those changes in the PrecisionLender credit pricing platform and associated virtual pricing coach Andi to ensure consistency with the firm's financial methodologies.
  • Coordinates and communicates with key stakeholders across Risk, FP&A, Corporate Treasury and Model Risk to stay abreast of regulatory, accounting or modeling changes to ensure PrecisionLender inputs are current; partner with Line of Business stakeholders as needed.
  • Leads the team governance framework including configuration management, access management, Andi capabilities and usage trends, and exception pricing approval workflows to ensure 100% accuracy in tool output resulting in exacting profitability measurement and end user delight. Demonstrates anticipation of stakeholder needs, collaborative demeanor and proactive behavior.
  • Gathers data and performs analysis to ensure Andi responses are comprehensive, easy to navigate, and evolves as needed based on current profitability measurement requirements.
  • Develops and updates documentation around financial methodologies and frameworks, and on-boards new stakeholders as needed. Assists in driving consistency across partner pricing and profitability measurement tools.
  • Assists Director of Profitability Insights in 3rd party vendor relationship and risk management activities.
  • Coordinates relationship with Client Profitability & Pricing Analytics team to ensure a deep understanding of data sources and that data flows into and from PrecisionLender are accurate, controlled, and consistent with current requirements.
  • Drive delivery of vendor created enhancements to PrecisionLender or Andi; write requirements for Truist requested enhancements to the vendor, monitor delivery and manage subsequent implementation.
  • Bachelor’s degree in Business, Finance, Accounting or equivalent education and related training.
  • Five to Seven years of financial services, banking, and/or management consulting trajectory, or a combination thereof.
  • Direct experience with Credit products via FP&A, Treasury or Financial Risk Management, pricing platform administration, or related enablement type roles.
  • Intermediate knowledge of PrecisionLender.
  • High energy, strong sense of accountability, problem-solving and sequential thought-process towards execution-oriented tasks (e.g., problem, causes, dependencies, alternatives, objectives)
  • Master’s in business, mathematics, finance, or other quantitative field and/or completion, or demonstrated progress toward, a relevant certification (e.g., CFA, CPA, FRM, CTP) not required but strongly preferred.
  • Working knowledge of one or more Basel frameworks (e.g., RWA, TLAC, LCR, NSFR) and implications for enterprise-wide and instrument-level financial resource management considerations role helpful but not mandated.
  • 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.
  • 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.
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