Truist Financial Officer - Regulatory Reporting Interpretations Office 

United States, North Carolina, Charlotte 

572925998

Regular or Temporary:

English (Required)

1st shift (United States of America)Responsible for regulatory reporting research and policy related activities for regulatory reporting within the Regulatory Reporting Interpretations Office, which is a function within the Accounting Policy Group. This group monitors current and emerging accounting and regulatory reporting developments and interpretive matters, and provides Generally Accepted Accounting Principles (GAAP) research and guidance on specific accounting and regulatory reporting activities, among other activities. May direct and manage a staff of highly experienced accountants, analysts and managers in the performance of a variety of more complex financial analysis and reporting activities. Provide leadership in the development, design, implementation and on-going management of assigned financial analysis processes. Provide training and guidance to subordinates with respect to understanding, analyzing and reporting more complex financial activity and metrics. Monitor assigned activities for compliance with established corporate and accounting policies and standards. Complete and/or review and interpret a variety of complex financial and/or business analyses of financial ratios, trends, revenue performance and expense management. Establish deadlines and data submission requirements for other departments to ensure timely and accurate preparation of such analyses. Ensure timely communication of changes to deadlines or requirements. Identify potential new business strategies and/or ideas; analyze alternatives and present recommendations to senior leadership. Provide financial analysis for projects/initiatives with potential financial reporting impact. Review and analyze summary results and trends for inclusion in various reports to Senior and/or Executive Leadership.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1.Perform monitoring and interpretation of regulatory reporting requirements prescribed by the banking regulators (including the Federal Deposit Insurance Corporation (FDIC), Federal Reserve Board (FRB) and other regulatory bodies), perform accounting and regulatory reporting research in accordance with GAAP and regulatory reporting requirements and provide expert guidance. Subject matter expert on regulatory reporting requirements and GAAP, with continued broadening of understanding on more complex accounting and regulatory reporting requirements.

6. Leverage working relationship with supported business areas and cross-functional departments to complete complex tasks and deliver high quality work. Initiate process improvements across broad organizational processes to address internal/external challenges.
7. Coordinate with internal and external audits and examinations. Review and update policies and procedures for compliance with governmental regulations and corporate polices and standards. Coordinate development of new accounting processes and procedures, as needed. Assist in risk management governance and business continuity planning processes as necessary.

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Bachelor’s degree in Accounting or Finance, or equivalent education and related training.
2. Eight years of relevant accounting or finance experience that includes complex financial analysis. Familiarity with GAAP and regulatory reporting.
3. Ability to work independently with minimal guidance. Proactive in completing tasks and producing deliverables.
4. Sound and comprehensive understanding of business and organizational strategies and processes. Ability to build consensus through communication and presentation of factual and relevant information.
5. Strong verbal and written communication skills to interpret and communicate financial analysis to business partners in a concise and useful manner.
6. Strong analytical and problem-solving skills.
7. Sound and logical decision-making abilities.
8. Demonstrated leadership skills and ability to work well with others in a dynamic, team-oriented environment.
9. High proficiency in computer applications such as Microsoft Office Excel, PowerPoint, Word, Outlook, and other basic software products.

1. Supervisory experience
2. Certified Public Accountant, Certified Management Accountant, or Chartered Financial Analyst
3. Master’s degree in Business Administration
4. Specific financial services or specialized industry experience.
5. Proficient in Essbase/Hyperion, EPM/BPC, or other enterprise accounting software.
6. Experience with macros/VBA.