Regulatory Capital Interpretive Office Associate Director

Truist Bank•Charlotte, NC

11d•Onsite

About The Position

Serve as an enterprise-wide subject matter expert on regulatory capital and reporting policy. This role is responsible for interpreting, implementing, and advising on complex Basel 3 capital adequacy rules and regulatory reporting requirements (e.g., Call Report, FR Y-9C). The Associate Director will ensure compliance with evolving regulatory frameworks, support internal control programs (SOX, FDICIA), and provide fully informed guidance to leaders across Finance, Risk, and Business Units.

Requirements

Bachelor’s degree in Accounting or Finance.
10+ years of experience in regulatory capital, accounting policy, or regulatory reporting.
Deep 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, or Finance.
CPA, CMA or CFA designation.
Experience with large, SEC-registered financial institutions or public accounting firms.

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.