Operational Risk Governance Analyst

Executive Summary

Execute processes providing oversight of Operational and Model Risk Transformation initiatives helping drive quality of risk execution activities. Focus will be on risk program elements (RCSA, Control Testing, Third Party, Model, Change and Products and Services); scope will be dynamic based on execution priorities and progress.

Responsibilities

• Inform and escalate results to the Head of Operational Risk Governance and Transformation for further escalation.
• Identify thematic trends in execution deficiencies, root causes and recommendations of remedial actions to inform risk execution activities.
• Execute processes and reporting for a highly effective governance function appropriately tailored to Operational and Model Risk.
• Drive ORM reporting to ensure transparency of operational and model risk to various stakeholders.
• Provide inputs and data to execute the OMRM Risk Taxonomy, Risk Appetite Framework operational risk metrics and Key Risk Indicators.
• Manage Operational and Model Risk Operations as well as policy governance activities.
• Support risk program owners and hiring managers with onboarding team members.
• Provide targeted feedback in areas of focus to Operational and Model Risk Program Owners based on results of governance activities, track remedial actions, and monitor for sustainable execution.
• Influence change in a manner consistent with Truist’s Purpose, Mission, and Values.
• Identify and implement improvements to policies, procedures, practices, processes, and methodologies to support continuous improvement of risk execution.

Requirements

• Bachelor’s degree in business or related field or equivalent education and related training or experience.
• Three years of relevant experience in Risk or Audit functions in a large regional or US financial services firm or commensurate experience as an examiner within the financial services industry.
• Excellent time management organizational skills; excellent communication (verbal and written), and presentation and facilitation skills.
• Excellent interpersonal and relationship management skills with ability to interact and communicate within all levels of organization.
• Ability to work strategically and tactically, comfortable seeing and defining the “big picture” while managing details.
• Strong business acumen and organizational agility.
• Ability to identify and influence change in a manner consistent with Truist’s purpose, mission, and values.
• Profound sense of ethics and the ability to deal with pressure from constituents.
• Proficiency in Microsoft Office including Word, Excel, PowerPoint, and others.

Qualifications

• Experience supporting Risk Program Governance functions, including policy and procedure management, issue tracking and remediation, committee reporting, training coordination, and governance routines.
• Knowledge of risk and control frameworks, with exposure to Controls, RCSA (Risk & Control Self-Assessment), risk identification activities, and cross-functional stakeholder engagement within a regulated environment.

Pay

Annual Base Salary for this position is: $115,000 - $125,000

Benefits

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.

Equal Opportunity Employer

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.