Senior Capital Markets Risk Officer

Regular full-time position requiring English fluency. 1st shift (United States).

About the role

As a senior member of the Market & Liquidity Risk Management (MRLM) team within the Risk Management Organization (RMO), you will provide senior management with independent quantitative and qualitative assessments that strengthen valuation governance, market risk oversight, and enterprise decision-making. This role involves leadership and active participation in governance committees across Trading Market Risk, Counterparty Credit Risk, Profit and Loss (P&L) attribution, and Independent Price Verification (IPV). You will promote Truist’s compliance with Board-stated risk appetite, regulatory standards, and industry best practices across securities and derivatives portfolios within Corporate and Investment Banking (CIB), Corporate Treasury, and Mortgage.

Responsibilities

• Support the company's strategic direction for Independent Price Verification (IPV) and Profit and Loss (P&L) attribution, ensuring alignment with industry best practices, regulatory mandates, and established risk appetite.
• Drive the development of the department's effectiveness as an independent risk management function, ensuring alignment of business and functional areas with the team's oversight framework.
• Maintain product control and valuation oversight for trading and banking book activities through ongoing quantitative and qualitative risk assessments.
• Partner with compliance efforts to meet regulatory requirements and guidelines.
• Ensure compliance with regulatory rules (Basel III, Market Risk Rule, FRTB, Volcker Rule, Swap Dealer Rule Initial Margin, SCCL, etc.) pertaining to market, liquidity, and credit risks.
• Liaise with senior internal and external staff on regulatory matters.
• Measure, monitor, and analyze the organization's market risk exposure using P&L/Risk attribution, stress testing, and scenario analysis.
• Oversee daily market risk limit and exception reporting, ensuring appropriate awareness and communication within the organization.
• Develop and maintain frameworks (systems, models, processes, limits, policies, and procedures) for calculating and reporting daily risk levels (Value-at-Risk 'VaR', Greeks, stress tests, Potential Future Exposure 'PFE', Credit Valuation Adjustment 'CVA', etc.) using complex quantitative risk models.
• Provide analytical direction, expertise, and management support to Truist trading teams.
• Collaborate with teams across MLRM on inter-dependent issues such as IPV and valuation/hedging analyses, and liaise with business and control partners including operations, collateral management, marketing/sales, trading, quantitative research, model development, internal/external audit, legal, and compliance.
• Represent the MRLM control discipline across senior or executive-level committees, working groups, and strategic initiatives/projects.
• Formulate strategies, policies, and procedures while proactively overseeing their consistent application, implementation, monitoring, and reporting to senior management. Lead or partner in ongoing compliance efforts with regulatory requirements, including interaction with multiple banking supervisory agencies.

Requirements

• Bachelor's degree or equivalent education and related training.
• 7–10 years of experience in roles with increasing responsibility at major financial institutions, financial services consulting, or regulatory agencies, with a focus on IPV.
• Strong interpersonal and communication skills, applicable at all levels across the business.
• Ability to understand and communicate complex products, strategies, and risk issues in succinct and easily understandable terms.
• Deep, hands-on product knowledge across fixed income, derivatives (including rates, credit, and equity), and structured products, with the ability to assess valuation, risk exposure, and IPV outcomes.
• Demonstrated understanding of quantitative models, complex applications, theories, and concepts such as Independent Price Verification (IPV), Value at Risk (VaR), Potential Future Exposure (PFE), Expected Exposure (EE), and risk-based P&L attribution.
• Significant experience in the valuation of derivatives, including CVA (Credit Valuation Adjustment) and FVA (Funding Valuation Adjustment).
• Strong knowledge of risk management and control processes, particularly designing, developing, and implementing risk programs and policies.
• Proficiency in interpreting regulations and developing/managing oversight programs for capital markets-related regulations (Basel III, Market Risk Rule, FRTB, Volcker Rule, Swap Dealer Rule, etc.).
• Self-starter capable of operating with minimal direction; high degree of self-motivation with a strong track record of execution and delivery.
• Strong financial acumen, highly analytical, and a business enabler with the ability to develop creative solutions to challenges, think critically, and execute with speed and excellence.
• Ability to maintain a structured and flexible approach; tough yet balanced decision-maker with sound judgment, able to remain calm under pressure and prioritize/delegate effectively.
• Strong ability to form and maintain key internal and external networks and relationships.
• Leadership position requiring sound judgment and autonomy within defined policies, procedures, and guidelines.
• Proficiency in data analysis, automation, and visualization tools such as SQL, Python, Tableau, or Power BI to support scalable risk reporting, control enhancement, and data-driven decision-making.

Preferred Qualifications

• Experience in IPV, capital markets, market/liquidity/credit risk, and leadership at a $150+ billion financial institution.
• Experience interacting with banking and industry regulators.
• Advanced degree with specialization in Finance, Economics, Accounting, Math, Business Administration, or related fields.
• 7–10 years of experience in financial risk management of trading and non-trading risks.
• Formal credit, market risk, and/or product control training.
• Professional certifications (e.g., Financial Risk Manager or CFA).

Benefits

• Medical, dental, and vision insurance.
• Life insurance, disability, and accidental death and dismemberment coverage.
• Tax-preferred savings accounts and a 401k plan.
• No less than 10 days of vacation (prorated based on hire date and full-time/part-time status) during the first year, along with 10 sick days and paid holidays.
• Eligibility for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan, depending on the position and division.