Regulatory Capital Interpretive Office Associate Director

Essential Duties And Responsibilities

• Provide expert guidance on Basel 3 capital adequacy and GAAP-consistent regulatory reporting requirements.
• Serve as a trusted advisor to Regulatory Reporting, Controllers and business teams.
• Ensure the interpretations and policies that impact risk-weighted assets (RWA), regulatory capital, and financial regulatory reports are accurate, transparent, and operationally sustainable.
• Interpret complex transactions (e.g., securitizations, off-balance sheet exposures).
• Draft and review interpretive analyses for new business initiatives and ambiguous rule applications.
• Respond to inquiries from auditors, regulators, and internal stakeholders.
• Draft and maintain regulatory capital and reporting policies, standards, and procedures.
• Support implementation of new regulatory capital and reporting rules and interpretations.
• Support the design of internal control frameworks to ensure compliance and mitigate interpretive risk.
• Track regulatory developments from the FRB and FDIC, and help ensure changes are monitored, communicated and understood.
• Communicate to other Finance and business leaders the impact these requirements will have on Truist's regulatory reporting and capital compliance.
• Support change management efforts for regulatory capital and reporting rules updates.
• Collaborate with Enterprise Risk Management in identifying and mitigating regulatory capital and reporting risks.
• Contribute to enterprise change initiatives such as the Basel 3 Endgame implementation.
• Partner with business units and cross-functional teams to complete tasks and deliver high-quality work.
• Represent the firm in industry forums and regulatory discussions, using industry contacts to assess regulatory reporting interpretive approaches and change status.
• Collaborate with internal Legal to comment on proposed new regulatory capital or reporting rulemaking, including through relevant industry associations.

Qualifications

• Bachelor’s degree in Accounting or Finance.
• 10+ years of experience in regulatory capital, accounting policy, or regulatory reporting.
• Deep knowledge of U.S. Basel 3 capital rules and GAAP-based regulatory reporting.
• Strong leadership, analytical, and communication skills.
• High integrity, self-motivation, and ability to manage multiple priorities.
• Proficiency in Microsoft Office; financial modeling experience.