Regulatory Capital Interpretive Office Associate Director

Truist Bank • Charlotte, NC

5d

About The Position

Serve as an enterprise-wide subject matter expert on regulatory capital and reporting policy. The Associate Director interprets, implements, and advises on complex Basel 3 capital adequacy rules and regulatory reporting requirements, including the Call Report and FR Y-9C. The role ensures compliance with evolving regulatory frameworks, supports internal control programs such as SOX and FDICIA, and provides informed guidance to leaders across Finance, Risk, and Business Units.

The position provides expert guidance on capital adequacy and GAAP-consistent regulatory reporting, researches complex transactions and ambiguous rule applications, develops and maintains policies and procedures, and supports implementation of regulatory changes. It monitors developments from the FRB and FDIC, helps communicate their impact, supports enterprise risk management and change initiatives, and collaborates with internal and external stakeholders, including industry forums and regulatory discussions.

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 recurring, complex, or unusual transactions.
• Advise Regulatory Reporting, Controllers, and business teams.
• Ensure interpretations and policies affecting risk-weighted assets, regulatory capital, and financial regulatory reports are accurate, transparent, and operationally sustainable.
• Research and interpret complex transactions, including securitizations and 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 the impact of regulatory requirements to Finance and business leaders.
• Support change management efforts for regulatory capital and reporting rule updates.
• Support Enterprise Risk Management in identifying and mitigating regulatory capital and reporting risks.
• Document and communicate interpretive changes to downstream reporting groups.
• Contribute to enterprise change initiatives, including Basel 3 Endgame implementation.
• Partner with business units and cross-functional teams to complete tasks and deliver high-quality work.
• Represent the firm in industry forums and regulatory discussions, using industry contacts to assess interpretive approaches and change status.
• Collaborate with internal Legal to comment on proposed regulatory capital or reporting rulemaking, including through relevant industry associations.

Benefits

• Medical, dental, vision, life, and disability insurance.
• Accidental death and dismemberment coverage.
• Tax-preferred savings accounts.
• 401(k) plan.
• At least 10 days of vacation during the first year, prorated based on hire date and full-time or part-time status.
• 10 sick days, prorated.
• Paid holidays.
• Depending on position and division, eligibility for a defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Director