Regulatory Capital Interpretations Office (Manager / Associate Director)

Truist Bank•Atlanta, GA

6d•Onsite

About The Position

Serve as a subject matter expert on regulatory capital and reporting policy. This role is responsible for interpreting, implementing, and advising on Basel III capital adequacy requirements and GAAP-based regulatory reporting rules (e.g., Call Report, FR Y-9C). The position supports compliance with evolving regulatory frameworks, internal control programs (SOX, FDICIA), and provides guidance to leaders across Finance, Risk, and Business Units. At more advanced levels, the role serves as an enterprise-wide advisor, influences regulatory policy interpretations, represents the company in industry forums, and helps shape strategic responses to evolving regulatory requirements.

Requirements

Bachelor’s degree in Accounting or Finance.
CPA designation.
8 years of experience in regulatory capital, accounting policy, or regulatory reporting.
Strong knowledge of U.S. Basel 3 capital rules and GAAP-based regulatory reporting.
Strong leadership, analytical, and communication skills.
High integrity, self-motivation, and ability to manage multiple priorities.
Proficiency in Microsoft Office; financial modeling experience.

Nice To Haves

Master's degree in Business, Accounting, Finance, or a related field.
CPA, CMA, or CFA designation.
Experience with large, SEC-registered financial institutions, bank holding companies, or public accounting firms.
Experience interpreting and implementing U.S. Basel III capital rules and GAAP-based regulatory reporting requirements.
Experience engaging with regulators, external auditors, industry associations, or regulatory working groups.
Demonstrated ability to lead complex regulatory change initiatives, including implementation of new capital, reporting, or governance requirements.
Experience drafting and maintaining regulatory capital, accounting policy, or regulatory reporting interpretations, policies, and procedures.
Experience partnering with Legal, Risk, Regulatory Reporting, and Finance leadership on complex transactions, new business initiatives, and regulatory matters.

Responsibilities

Provide expert guidance on Basel 3 capital adequacy and GAAP-consistent regulatory reporting requirements, including for recurring and complex or unusual transactions.
Serve as a trusted advisor to Regulatory Reporting, Controllers and business teams.
Ensure the interpretations and policies that impact risk-weighted assets (RWA), regulatory capital, and financial regulatory reports are accurate, transparent, and operationally sustainable.
Research and interpret complex transactions (e.g., securitizations, off-balance sheet exposures).
Draft and review interpretive analyses for new business initiatives and ambiguous rule applications.
Respond to inquiries from auditors, regulators, and internal stakeholders.
Draft and maintain regulatory capital and reporting policies, standards, and procedures.
Support implementation of new regulatory capital and reporting rules and interpretations.
Support the design of internal control frameworks to ensure compliance and mitigate interpretive risk.
Track regulatory developments from the FRB and FDIC, and help ensure changes are monitored, communicated and understood.
Communicate to other Finance and business leaders the impact these requirements will have on Truist's regulatory reporting and capital compliance.
Support change management efforts for regulatory capital and reporting rules updates.
Support Enterprise Risk Management in identifying and mitigating regulatory capital and reporting risks.
Ensure effective documentation and communication of interpretive changes to downstream reporting groups.
Contribute to enterprise change initiatives such as the Basel 3 Endgame implementation.
Partner with business units and cross-functional teams to complete tasks and delivery high quality work.
Represent the firm in industry forums and regulatory discussions, using industry contacts to assess regulatory reporting interpretive approaches and change status.
Collaborate with internal Legal to comment on proposed new regulatory capital or reporting rulemaking, including through relevant industry associations.