Senior Capital Oversight Risk Manager

Truist Bank•Charlotte, NC

20h•Onsite

About The Position

The Senior Capital Oversight Risk Manager serves as a senior subject matter expert, providing independent oversight of Truist’s capital management processes, including capital stress testing, regulatory interpretations and capital planning. Provide independent strategic risk perspectives to the Chief Risk Officer, Chief Financial Officer, Treasurer, and the Risk Committee of the Boards. Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

Requirements

Fifteen years of risk management experience in financial services including extensive experience in CCAR, forecasting, model risk management, credit administration, and loan policy
Strong leadership, decision-making and communication skills in the discussion of risk management with a wide range of management levels
Knowledge and understanding of market dynamics, interest rates, accounting and financial products
Broad risk and regulatory knowledge
Superior ability to think strategically, multi-task, and drive change
Strong quantitative, governance, and analytic abilities
Ability to make decisive and quick decisions; embraces challenges and change
Executive and board level presentation skills

Nice To Haves

More than 15 years of risk management experience in financial services or related field
Master’s degree in Business Administration (MBA) or advanced degree in Business Management or Finance
Strong analytical and organizational skills, including the ability to translate risk management framework objectives into actionable and executable tasks for businesses
Ability to forge strong, trusting relationships with Executive Management and Senior Leadership
FRM/CFA or equivalent advanced risk certification (or relevant Advanced Degree)
Experience working with supervisory agencies and representing firms in supervision examinations
Experience with Recovery & Resolution Planning

Responsibilities

Provide strategic risk advisory to the Chief Risk Officer, Chief Financial Officer, Treasurer, and the Risk Committee of the Boards.
Assess capital goals, estimation methodologies / measurements and underlying controls.
Define the respective capital risk appetite in coordination with Executive Management and ensure that Treasury is operating within it.
Advocate Truist’s risk culture throughout the Capital Planning process; educate teammates on sound risk management practices. Lead, drive and embed best practice and pragmatic risk/control management
Deliver a dynamic Capital Oversight Report to the Risk Committee of the Boards that outlines observations, conclusions, and risk-enhancing recommendations.
Conduct control testing of high-risk areas of the Capital Planning process while reviewing design and effectiveness.
Independently review balance sheet and income statement forecasted results for reasonableness.
Conduct regulatory mapping (e.g., SR 15-19) against the current Capital Planning environment to ensure Treasury and other forecast owners are meeting enhanced supervisory expectations.
Basel reforms and U.S. risk-based capital rulemaking review (including the Fundamental Review of the Trading Book)
Ensure risk limits are consistent with the Corporation’s stated Risk Appetite through definition or formal limit approval.
Represent the Risk Management Organization and engage with supervisory agencies through examinations, touchpoints and other activities.
Strong knowledge of all risk classes; responsible for development of the firm-wide risk playbook, including all aspects of contingency planning (e.g. capital, liquidity)
Serve as a member of the firm’s Capital Committee