Compliance Risk Manager

About the role

Leads a team of compliance professionals to ensure appropriate compliance risk oversight is in place for assigned business units and/or functions. Leads and executes compliance risk management activities to reasonably ensure compliance with the Enterprise Compliance Management Policy and Framework.

Responsibilities

• Lead and develop a compliance program/function which may include leading a team.
• Provide leadership and communicate effectively with senior management and legal staff, as necessary, to ensure awareness of regulatory issues and updates.
• Work closely with senior management to establish an appropriate compliance culture throughout the organization.
• Oversee the efforts of business units and other risk areas in the development and implementation of policies, procedures and processes to minimize compliance risks.
• Agregate and review Risk Committee materials across team to ensure appropriate evaluation of program effectiveness and stated compliance risk is communicated to leadership.
• Communicate with management and regulators with respect to compliance risk management activities and regulatory examinations.
• Collaborate across internal team to implement strategies and methods related to the compliance risk management framework within the organization, including quality assessments, key risk, and performance measurement data, along with oversight monitoring and mitigation strategies.
• Partner with LOB leaders and other senior Truist teammates to execute on key strategic initiatives for the company, providing counsel and oversight in a collaborative, business savvy and team-first manner.

Requirements

• Bachelor's degree in Business, Economics, Finance, or Accounting, or an equivalent combination of education and work experience.
• Ten years of financial institution experience.
• Eight years of direct experience in compliance.
• Advanced knowledge, ability and expertise in compliance and a broad understanding of financial services.
• Demonstrated experience with regulatory agencies, requirements, and/or regulatory compliance.
• Solid understanding of risk management processes and risk analysis.
• Strong communication skills, both verbally and written, and the ability to communicate and interact with all levels of management.

Qualifications

• Preferred Qualifications: MBA, Juris Doctorate or other advanced degree.
• Ten years of compliance experience, with five years at medium to large financial institution.
• Prior supervisory or management experience.
• Certified Regulatory Compliance Manager (CRCM).

Pay

The annual base salary for this position is $120,000-$130,000.

Schedule

Regular or Temporary: Regular

Language Fluency

Language Fluency: English (Required)

Work Shift

Work Shift: 1st shift (United States of America)