The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Manage key initiatives and operational processes within Model Development Operations. Responsible for leading projects involving the implementation, use, and monitoring of models to support the wholesale line of business. Provide consultative guidance, quantitative analysis, project management support, training, and testing support for projects involving models built by Model Development.

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. Lead efforts to obtain and analyze data to support implementation of models. Provide subject matter expertise regarding data sources and systems by maintaining knowledge both systems and underlying business processes.
2. Guide IT partners in establishing requirements for model implementations and systems testing. Provide support in sharing application ownership responsibilities on behalf of businesses.
3. Consult with lines of business on use of models on supported applications and advise on associated controls.
4. Anticipate potential issues with model use as conditions change.
5. Ensure model governance responsibilities are executed as required by Model Risk Management, SR 11-7, and similar regulatory guidance on behalf of model owners. Assist lines of business and Model Development with model implementation, ongoing monitoring, Audit, and regulatory exams.
6. Partner with ongoing monitoring report creation teams to establish requirements for reports and evaluate data quality with benchmarks.
7. Lead various initiatives within Model Development Operations, including engagement with senior management, IT, governance and other business partners. Responsible for fully leading efforts including, coordination of efforts, project plans, presenting and communicating project status to senior leadership.
8. Lead efforts to author model implementation plans in partnership with model owners, model developers and business partners.
9. Continuously broaden and deepen expertise in quantitative analytical methods via self-directed research and training.
10. Partner with Head of Model Development Operations to recruit, manage, and retain the necessary talent and skillsets.

QUALIFICATIONS

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. MBA or Master's degree in a quantitative field such as Economics, Quantitative Finance, Computer Science, MIS, Operations Research, or Statistics plus 5 years of experience developing, implementing, running, and/or applying risk models for decision making.
2. 5 years of experience managing teams or initiatives that include testing support, training, governance, and user support for credit risk platforms and models.
3. Demonstrated proficiency in communicating with upper management, regulators and governance groups; leading cross-functional teams; managing projects; managing operational risk of production processes; securing agreements with vendors; and implementing models in production systems.

Preferred Qualifications:
1. 8 years of experience managing development, implementation, production processing, or business use of credit risk models for a financial institution.
2. Experience working with multiple loan origination and servicing platforms with an understanding of how credit risk models are implemented or leveraged for business use.
3. Experience evaluating credit risk scorecard implementation and use from technical and business perspectives.
4. 3 years of experience performing ongoing monitoring activities for models in production.
5. Familiarity with commercial underwriting process, account management process, and collections processes.
6. Strong soft skills to build trust with business partners, effectively communicate with technical and non-technical audiences, and promote appropriate governance around model use.
7. Familiarity with software development life cycle components including experience supervising testing efforts including smoke testing, SIT, and UAT.
8. Demonstrated proficiency with SAS, Python, R, Excel/VBA, MS Project, Visio, and the full suite of MS Office software. Experience with SQL and a business intelligence tool (e.g., Qlikview, Tableau, Microstrategy).
9. Familiarity with Truist businesses, systems, and data.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace.

EEO is the Law Pay Transparency Nondiscrimination Provision E-Verify