Senior Capital Oversight Risk Manager

About the role

The Senior Capital Oversight Risk Manager serves as a senior subject matter expert, providing independent oversight of Truist’s capital management processes, including capital stress testing, regulatory interpretations and capital planning.

Responsibilities

• Provide strategic risk advisory to the Chief Risk Officer, Chief Financial Officer, Treasurer, and the Risk Committee of the Boards.
• Assess capital goals, estimation methodologies / measurements and underlying controls.
• Define the respective capital risk appetite in coordination with Executive Management and ensure that Treasury is operating within it.
• Advocate Truist’s risk culture throughout the Capital Planning process; educate teammates on sound risk management practices.
• Lead, drive and embed best practice and pragmatic risk/control management.
• Deliver a dynamic Capital Oversight Report to the Risk Committee of the Boards that outlines observations, conclusions, and risk-enhancing recommendations.
• Conduct control testing of high-risk areas of the Capital Planning process while reviewing design and effectiveness.
• Independently review balance sheet and income statement forecasted results for reasonableness.
• Conduct regulatory mapping (e.g., SR 15-19) against the current Capital Planning environment to ensure Treasury and other forecast owners are meeting enhanced supervisory expectations.
• Ensure risk limits are consistent with the Corporation’s stated Risk Appetite through definition or formal limit approval.
• Represent the Risk Management Organization and engage with supervisory agencies through examinations, touchpoints and other activities.
• Strong knowledge of all risk classes; responsible for development of the firm-wide risk playbook, including all aspects of contingency planning (e.g. capital, liquidity).
• Serve as a member of the firm’s Capital Committee.

Qualifications

• Fifteen years of risk management experience in financial services including extensive experience in CCAR, forecasting, model risk management, credit administration, and loan policy.
• Strong leadership, decision-making and communication skills in the discussion of risk management with a wide range of management levels.
• Knowledge and understanding of market dynamics, interest rates, accounting and financial products.
• Broad risk and regulatory knowledge.
• Superior ability to think strategically, multi-task, and drive change.
• Strong quantitative, governance, and analytic abilities.
• Ability to make decisive and quick decisions; embraces challenges and change.
• Executive and board level presentation skills.

Preferred Qualifications

• More than 15 years of risk management experience in financial services or related field.
• Master’s degree in Business Administration (MBA) or advanced degree in Business Management or Finance.
• Strong analytical and organizational skills, including the ability to translate risk management framework objectives into actionable and executable tasks for businesses.
• Experience working with supervisory agencies and representing firms in supervision examinations.
• Experience with Recovery & Resolution Planning.

Pay

The annual base salary for this position is $200,000 - $275,000.

Schedule

Regular or Temporary: Regular

Work Shift

Work Shift: 1st shift (United States of America)