Regulatory Capital Interpretive Office Associate Director

Truist•Atlanta, GA

About The Position

Serve as an enterprise-wide subject matter expert on regulatory capital and reporting policy. The role interprets, implements, and advises on complex Basel 3 capital adequacy rules and regulatory reporting requirements, including Call Report and FR Y-9C. The Associate Director helps ensure compliance with evolving regulatory frameworks, supports internal control programs such as SOX and FDICIA, and provides guidance to leaders across Finance, Risk, and Business Units. The role leads capital and reporting policy interpretation and advisory work; develops and maintains policies, standards, and procedures; supports implementation of new rules and internal control frameworks; monitors regulatory changes; contributes to enterprise risk management and change initiatives; and collaborates with business units, Legal, regulators, auditors, and industry forums.

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, and 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 requirements on Truist’s regulatory reporting and capital compliance 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 insurance
Dental insurance
Vision insurance
Life insurance
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
May be eligible for a defined benefit pension plan, restricted stock units, and/or deferred compensation plan, depending on position and division