Operational Loss Risk Execution Officer II

Essential Duties And Responsibilities

• Execute and oversee the end-to-end lifecycle for a subset of internal and external loss events, including event monitoring, identification and assessment, capture and documentation, and coordination of risk and control evaluation for material events.
• Partner with Business Unit stakeholders to evaluate and confirm event applicability and impacts and collect required loss event information.
• Maintain contact matrices and relationships with key partners for their aligned Business Unit(s).
• Conduct loss event evaluations using business judgement, in alignment with enterprise procedures, including determining classification, financial impact capture, and causal factor documentation.
• Ensure all required data elements are accurately documented and maintained within the system of record (e.g., Archer) in accordance with established SLAs.
• Interpret and apply enterprise operational risk management policy requirements and internal ECCO procedures and guidance to assigned operational loss events.
• Monitor loss event risk management lifecycle progress, identify data gaps or delays, and follow-up with stakeholders to ensure timely completion.
• Assess and escalate issues related to incomplete information, delays, or challenges in the loss event risk management execution lifecycle as appropriate.
• Collaborate with second line of defense risk partners to ensure requirements are met for material loss events.
• Perform and lead quality reviews to ensure completeness, accuracy, and consistency of loss event records.
• Lead quality reviews of loss event records and provide oversight and governance to ensure data integrity, accuracy, completeness, and adherence to established standards.
• Provide guidance and mentorship to junior teammates and drive the development and implementation of team best practices.

Qualifications

• Bachelor’s degree in Business, Finance, or related field, or equivalent education and experience.
• 5+ years of experience in operational risk, loss event management, audit, or related functions.
• Strong understanding of operational risk management frameworks and loss event lifecycle processes.
• Ability to analyze complex scenarios and apply judgment within defined procedures.
• Strong communication, facilitation, and stakeholder management skills.
• Demonstrated ability to manage competing priorities and deliver within deadlines.
• High attention to detail with strong data quality and documentation discipline.
• Proficiency in Microsoft Office and risk management systems (e.g., Archer).

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.
• Tequipes 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.

Position Details

• Regular Language Fluency: English (Required)
• Work Shift: 1st shift (United States of America)