Senior Risk Advisory Manager Public Finance / Municipal Securities - FINRA

Truist Financial • Atlanta, GA

103d • $140,000 - $200,000

About The Position

A first line of defense risk professional leading a team within the Wholesale Business Unit Risk Team, serving as a subject matter expert responsible for effectively and proactively identifying, mitigating, and managing risks within Truist Public Finance and Municipals origination and sales and trading businesses. This position will be responsible for leading a team of risk professionals to support the execution of enterprise risk programs and focusing with the business on existing and emerging risks. Responsible for supporting strong risk management practices in alignment with the firm's risk appetite and the assigned business unit's strategic & financial plan. Possess the capabilities to serve as a proxy for the Wholesale Business Unit Risk Team with senior leadership, committee presentations, audit or regulators.

Requirements

• Bachelor's degree in Business, Finance or science/academic field, or equivalent education and related training or experience.
• 8+ years of risk management experience in financial services or related field.
• 6+ years of leadership experience.
• Subject matter expertise in assigned/specified line of business.
• Broad risk and regulatory knowledge with an emphasis on: Credit, Market, Liquidity, Compliance, Operational, Reputation and Strategic Risks.
• Strong leadership and communication skills.
• Ability to think critically and strategically, multi-task, and drive change.
• Strong quantitative, governance, and analytic abilities. Ability to provide effective challenge to senior leaders and business partners. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products. Ability to travel, occasionally overnight.

Nice To Haves

• Master's degree in finance or equivalent science/academic field.
• Strongly preferred: FINRA Series 7, 52, 53.
• Strong knowledge of trading floor rules and regulations, order management systems, transaction execution workflows from input through settlement.
• Strong knowledge of trade reporting and pre and post trade controls with ability to point out gaps in the control environment and create new actionable controls and solutions to remediate gaps.
• Broad risk and regulatory knowledge with an emphasis on Non-Financial Risks. (Compliance, Operational, Reputational, Strategic Risks).
• Knowledgeable of Credit, Market and Liquidity risks.

Responsibilities

• Engage in risk management activities with the line of business, proactively identifying existing and emerging risks, evaluating the significance of the risks, and providing support in managing acceptance or mitigation of the identified risks.
• Responsible for executing the responsibilities of various operations and enterprise risk programs in accordance with the program requirements (i.e. Risk control self-assessments, issues management).
• Assist business line leadership with identifying, assessing, controlling, mitigating, and communicating risks associated with business processes and decisions. Provide oversight and governance to the assigned business unit regarding its control environment.
• Support the business in the development of Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs).
• Provide risk management support and oversight for change activities (both business and regulatory change).
• Provide oversight and support for open risk, audit, and regulatory issues. Evaluate the root cause, the corrective action plans and work with business partners and Wholesale Business Unit Risk team to successfully implement and document remediation.
• Support the business for all audit and regulatory exam engagements.
• Communicate with assigned business unit's leadership regarding activities, trends, and events pertaining to risk, regulatory, audit and loan review activities. Promote various risk initiatives and their supporting metrics.
• Work alongside the Wholesale Business Unit Risk team in executing and supporting all risk program activities as defined in policy.
• Coach and develop risk professionals within the Wholesale Business Unit Risk Team.

Benefits

• Medical, dental, vision, life insurance, disability, accidental death and dismemberment.
• Tax-preferred savings accounts.
• 401k plan.
• No less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during the first year of employment.
• 10 sick days (also prorated).
• Paid holidays.
• Defined benefit pension plan, restricted stock units, and/or a deferred compensation plan may be available.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees