Truist Financial Officer - Regulatory Reporting Interpretations Office 

United States, North Carolina, Charlotte 

145443663

Regular or Temporary:

English (Required)

1st shift (United States of America)Please review the following job description:Play a key role in the newly created 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) and regulatory reporting research and guidance, among other activities. The primary responsibilities will include performing research and providing interpretive guidance as well as monitoring regulatory changes, all impacting key regulatory reports for banks.

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.

5. 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.
6. Coordinate with governance functions and internal and external auditors. 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.

Required Qualifications:

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.

3. Familiarity with GAAP and regulatory reporting.

4. Ability to work independently with minimal guidance. Proactive in completing tasks and producing deliverables.

5. Strong verbal and written communication skills; ability to communicate effectively with subordinates, peers, and superiors within the Corporation, as well as appropriate individuals external to the Corporation.

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. Proficiency in basic computer applications, such as Microsoft Office software products.

Preferred Qualifications:

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.Knowledge of regulatory reports produced within the Financial Services industry.