Truist Liquidity Risk Officer 

United States, North Carolina, Charlotte 

300353428

Regular or Temporary:

English (Required)

1st shift (United States of America)Please review the following job description:

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.

Primary responsibilities include:

Stress Testing and Risk Identification

1. End-to-end execution of monthly Internal Liquidity Stress Testing process as required by Regulation YY, including governance relating to assumption analysis, ad hoc scenario design, and related management reporting.
2. Assist with leading the Liquidity Risk Identification process, which entails coordinating internal/ external subject matter expert feedback, analysis of internal and peer results/ industry trends, and application of relevant liquidity risk management regulatory requirements.
3. End-to-end execution of the monthly Parent Company Cash Coverage analysis

Liquidity Metric Reporting

1. Lead the end-to-end execution of the daily liquidity metric calculation and reporting for Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), and (daily) liquidity risk limits, and the periodic external/ public reporting of liquidity related metrics (e.g. LCR/ NSFR public disclosure, SEC filings, Earnings releases). This includes full understanding of the metrics and the systems/ processes used to calculate each.
2. The execution of the calculation and reporting of monthly liquidity risk limits (including full understanding of metrics and systems/processes) and the annual risk limit metric selection and calibration exercise.
3. The compilation of liquidity risk management materials Market Risk Liquidity and Capital Committee (MRLCC) meetings, MRLCC subcommittees meetings, Board of Director and Board Risk Committee meetings, and/or Executive Leadership meetings. The creation and delivery of effective and concise presentations to executive management covering complex and detailed analysis on various liquidity risk related topics and/or strategies.

1. Prepare for potential funding stress through the development of a Contingency Funding Plan (CFP), Early Warning Indicators (EWI); and coordinate the Liquidity Crisis Management Team in the event of a stress event. Lead the daily reporting of the overall CFP/ EWI Status. This is accompanied with the daily completion of the Early Warning Indicator (EWI) Dashboard.
2. Prepare and coordinate the forecasting of key liquidity metrics, including the daily forecast for the month-end estimate of the Liquid Asset Buffer (LAB) and LAB Coverage Ratios and the long-term LCR, LAB Coverage Ratio, and risk limit projections.
3. Ownership of governance for the key responsibilities assigned, including execution of controls and the management of related policies/ methodologies/ and procedures.

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. BS/BA degree or higher in finance, accounting, business administration, or economics.
2. 7+ years of financial services experience
3. 5+ years in an analyst or reporting role within finance or accounting
4. 3+ years of Liquidity Risk Management or similar experience (either within Corporate Treasury or similar second-line of defense role)
5. Proficient understanding of the key tenets of Liquidity Risk Management (RegYY, RegWW, relevant SR Letters)
6. Strong presentation and communication skills
7. Ability to work effectively, as well as independently, in a team environment
8. Basic familiarity with ALM, Capital Management, Corporate Funding, and Investment Securities Portfolio Management
9. Strong masterly of Microsoft Office suite including Word, PowerPoint, Excel, and Visio

Preferred Qualifications:

1. A Masters of Business Administration (MBA) or Chartered Financial Analyst (CFA) Designation.
2. Prior experience in Risk Management role and leadership role
3. General ledger and/or SAP LRM experience