Enterprise Risk Management Officer II
About the role
The Enterprise Risk Management (ERM) Officer is responsible for serving as a thought leader and subject matter expert to support the design, development, and implementation of one or more assigned ERM Programs. This role supports aligned ERM Program Managers and ERM Risk Program Owner in the planning and execution of initiatives to support assigned ERM Programs.
Responsibilities
- Independently interact with leaders across the Risk Management Organization (RMO), business units, and control functions to support ERM Program execution and oversight.
- Serve as an advisor to the aligned ERM Program Managers and ERM Risk Program Owner to drive critical support activities including but not limited to, preparation and associated materials for meetings with key internal stakeholders (e.g. Business Unit Leadership, BURM Leadership, BUCRO Leadership, Risk Program Owners).
- Drive critical elements of the design, development, implementation, and oversight of one or more assigned ERM Programs (e.g., Issues Management Program, Risk Measurement Program, Policy Management Program) to support the aligned ERM Risk Program Owner.
- Support and facilitate assigned ERM Programs policy and procedure documentation, training, communication and oversight activities across the enterprise.
- Execute key components of the design and delivery of Quality Assurance related to assigned ERM Programs, including the testing strategy, outputs, and reporting for management and/or board level committees to demonstrate program effectiveness.
- Coordinate with and support Business Unit Risk Managers (BURMs), Business Unit Chief Risk Officers (BUCROs) and Risk Program Owners ensure assigned ERM Programs requirements are understood and executed appropriately.
- Provide thought leadership, subject matter expertise and indirect leadership within the broader ERM organization to plan and execute key strategic initiatives related to assigned ERM Programs.
- Support critical components of assigned ERM Programs presentation materials for key internal stakeholders (e.g. Business Unit Leadership, BURM Leadership, BUCRO Leadership, Risk Program Owners, Management Committees) and external regulators, including the associated preparation for ERM Leadership team.
- Communicate regularly and escalate risks associated with execution of ERM Programs to the applicable ERM Program Managers, ERM Risk Program Owner and ERM Leadership team.
Requirements
- Bachelor's degree or equivalent education and training.
- Ten+ years of related experience or an equivalent combination of education and experience.
- Broad and in-depth knowledge within own professional discipline and other related disciplines.
- A sound understanding of business and organizational strategies and processes.
- A knowledge of the industry's competitive landscape and an understanding of the market and regulatory factors that shape the industry.
- Strong written and verbal communication skills.
- The ability to interpret and explain complex information to a range of audiences.
- The ability to influence others to adopt a new perspective and handle interpersonal issues with tact and diplomacy.
- The ability to exercise judgment and sophisticated skills in solving complex technical, operational, and organizational challenges in the context of business objectives and priorities.
- The ability to lead projects of significant complexity and risk exposure.
- The ability to provide direction and mentor less experienced teammates.
Qualifications
- Bachelor's degree or equivalent education and training.
- Ten+ years of related experience or an equivalent combination of education and experience.
- Broad and in-depth knowledge within own professional discipline and other related disciplines.
- A sound understanding of business and organizational strategies and processes.
- A knowledge of the industry's competitive landscape and an understanding of the market and regulatory factors that shape the industry.
- Strong written and verbal communication skills.
- The ability to interpret and explain complex information to a range of audiences.
- The ability to influence others to adopt a new perspective and handle interpersonal issues with tact and diplomacy.
- The ability to exercise judgment and sophisticated skills in solving complex technical, operational, and organizational challenges in the context of business objectives and priorities.
- The ability to lead projects of significant complexity and risk exposure.
- The ability to provide direction and mentor less experienced teammates.
Skills
- Experience in Audit, Second Line, or Third Line Risk Management, with a strong foundation in enterprise risk management frameworks.
- Experience supporting risk framework components, including risk taxonomy, risk assessments/ratings, risk policies, and governance processes.
- Technical aptitude to maintain and enhance risk management tools and reporting solutions, with the ability to support existing technology, automation, or coding-based processes.
Benefits
The annual base salary for this position is $140,000-$150,000. General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work. Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace. EEO is the Law E-Verify IER Right to Work