Truist Wholesale Corporate Finance Special Projects 

United States, North Carolina, Charlotte 

610807565

Regular or Temporary:

English (Required)

1st shift (United States of America)

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. Manage and provide leadership to the Corporation's profit planning process. Key responsibilities related to the profit plan include:
a. Implement and maintain a seamless profit planning process for end-users to enter data;
b. Review profit plan or forecast submissions from assigned LOBs and communicate with end-users;
c. Make value-added profit plan or forecast recommendations as needed to help bridge any gaps;
d. Compile reports from an LOB and consolidated perspective for presentation to Executive Leadership;
e. Maintain and update proper controls and documentation covering key processes and reports.

2. Provide leadership, direction and coaching to profit planning or forecast specialists and to associates throughout footprint. This includes working with FP&A and LOBs to develop accurate forecasts, profit plans and stress test results, understanding the drivers of business results, and reviewing these results to identify areas of improvement.
3. Perform variance analysis comparing the profit plan to actual results and prior forecast. Provide insightful variance explanations to Executive Leadership for performance assessment and strategic decision-making. Compiles, reviews, analyzes, interprets, summarizes and submits timely and accurate monthly reporting related to the Bank's and LOB's financial performance and/or regulatory/SEC requirements.
4. Coordinate profit plans with Corporate Treasury, Controller, and CFO as part of a comprehensive corporate funding and capital management program. Implement alternative profit planning methods via models and business tools as a way to provide effective challenge to LOBs for their baseline profit plans.
5. Maintain methodologies for forecasting noninterest income and expense under stressful macroeconomic conditions; lead quarterly forecast sensitivity and range of outcomes analysis; lead elements of the CCAR / DFAST and related stress testing processes, particularly related to the forecasting of noninterest income and expense under baseline and alternative (e.g., stress) scenarios.
6. Proactively engage with LOB Finance partners to perform centralized LOB FP&A activities, including month-end close and monthly forecast reviews and analysis of results, support the preparation of segment-level disclosures for external reporting (e.g., earnings releases, investor conference presentations, SEC reporting); lead corporate performance management initiatives, such as assessing the financial impact of new products and other corporate initiatives, and determining and tracking investment capacity.
7. Proactively evaluate each planning and forecasting cycle to identify enhancements to the Corporation's profit planning process for efficiency and accuracy improvements. This process includes leading the Truist expense synergy tracking and reporting process related to the MOE.
8. Develop and lead training programs for profit planning processes and systems. Develop skills of the profit planning and forecast specialists. Participate in cross-training with teammates in areas such as FTE analysis, expense allocations, and profit plan changes.
9. Work to create a positive team environment with an open communication culture. Delegate tasks and set deadlines as appropriate. Listen to team members' feedback and resolve any issues or conflicts. Encourage creativity. Suggest and organize team building activities.
10. Communicate effectively with all levels of the Corporation. Significant interaction with the CFO required.

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 Business or Finance, or equivalent education and related training
2. Twelve years of experience in financial analysis or corporate budgeting/profit planning/forecasting
3. Ability to perform and lead financial modeling and analysis related to Truist income statement and balance sheet accounts, lines of business, and Executive Leadership roll-ups
4. Five years of financial institution work experience as a team leader or supervisor
5. Vision and drive to evaluate processes for efficiency and effectiveness and continuously improve
6. Demonstrated ability to be flexible and adaptive in a fast-paced and dynamic work environment
7. Strong interpersonal and communication (verbal and written) skills
8. Demonstrated proficiency in basic computer applications, including Microsoft Office software products

1. Master's degree in finance or business administration
2. Professional designation such as Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA)
3. Knowledge of financial industry business practices
4. Financial system experience, such as SAP or Hyperion
5. Mastery of financial tools, practices, and concepts used by Truist