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Truist Senior Business Unit Chief Risk Officer - Payments & Operations 
United States, North Carolina, Charlotte 
984481355

03.07.2024

Regular or Temporary:

English (Required)

1st shift (United States of America)
Please review the following job description:
The principal differentiation between a BUCRO I and a BUCRO II is based upon the scope of complexity and the size/volume of the organizations assigned, and BUCRO IIs are likely to have more risk management experience.

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. Through robust 2nd line oversight, ensure compliant execution to the corporate risk management framework for all eight risk types in the 1st line. Aggregate, report and escalate risk accordingly.

3. Chair the Business Unit Risk Committee and actively serve as member on various Committees, Councils and Working Groups, Board meetings, regulatory agency meetings and examinations to offer 1st Line effective challenge, ensure risk management strategies are appropriately communicated and that risk programs are appropriately represented.

5. Monitor the Business Unit risk and control framework for adequate design, documentation, and effectiveness in order to meet internal and regulatory requirements/expectations.

6. Where applicable, serve as a Risk Program escalation point and/or execute on Risk Program effective challenge requirements.

7. Thoroughly document effective challenge on topics such as Business Unit strategies, personnel alignment/organizational hierarchy, change initiatives, issues remediation, risk appetite/KRI thresholds and results, policy changes, risk limits, governance routines, control design and effectiveness, material risk takers, incentive plans, and discretionary awards.

8. Produce independent ad-hoc risk assessments (i.e., M&A risk considerations or retrospective reviews).

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. Advanced graduate degree in Business, Finance or equivalent science/academic field.

2. Twenty years of risk management experience in financial services or related field, including extensive experience in areas such as credit underwriting or capital and liquidity management.

3. Strong leadership and communication skills in the discussion of risk management with a wide range of management levels.

4. Broad risk and regulatory knowledge.

5. Superior ability to think strategically, multi-task, and drive change.

6. Strong quantitative, governance, and analytic abilities.

7. Ability to make decisive and quick decisions.

Executive and Board level presentation skills

Preferred Qualifications:

1. Twenty-five years of risk management experience in financial services or related field.

2. Ability to forge strong, trusting relationships with BU Executive Leaders.

3. FRM/CFA or equivalent advanced risk certification (or relevant Advanced Degree).

4. Ability to translate 2nd line risk framework objectives into actionable and executable tasks for the Business Unit Risk Managers.

5. Experience working with regulators