Truist
Recovery & Resolution Planning Governance Lead
Charlotte, NC
Aug 19, 2024
Full-time
Full Job Description

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.

Need Help?

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:

Lead the development and maintenance of the control framework for Truist's recovery and resolution planning processes. This individual will ensure the RRP controls environment aligns with Truist’s enterprise standards for data management and risk and control framework. This individual will also assist in the preparation and submission of Truist's recovery and resolution plans.


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.

Design and implement a controls framework for Truist's recovery and resolution planning processes; ensures robust and accurate documentation of controls performed, and promotes effective challenge of observations and recommendations
Lead the development and maintenance of Truist's recovery and resolution planning testing program in coordination with the governance and controls office, second line oversight partners, and assurance partners.
Lead efforts to research, develop and document interconnections between Core Business Lines and Critical Services and between Core Business Lines/Critical Services and legal entities
Lead and develop legal entity governance requirements related to resolution planning, partnering with Truist's Legal team and other key stakeholders to ensure a robust legal entity governance process.
Lead the identification and tracking / remediation efforts of any self-identified or regulator-identified impediments to potential resolution / recovery strategies; engage with liaisons and stakeholders to develop robust remediation plans and ensure timely execution of such plans
Manage the RRP governance process, including alignment of the RRP governance structure (e.g., working groups / committees) within the broader Truist governance framework; develop and maintain policies, procedures and other governance materials in line with internal standards and requirements
Lead efforts in maintaining the plan and the process for updating the plan periodically and as required by regulation based upon material changes in the company structure, risk profile, scope or business mix
Support each of the RRP workstreams (e.g., resolution strategy, financial analysis, MIS / interconnections) with the identification and tracking of data sources and related assessments, engagement with data providers and liaisons, and ensuring appropriate documentation of processes / procedures
Lead and support additional special projects as assigned; these may include financial and operational analysis, ad-hoc support for large-scale projects, and other one-time or recurring initiatives as needed


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.

  • Bachelor’s degree in business, accounting, economics, finance or equivalent education and related training
  • Seven years of banking or equivalent relevant experience
  • Strong understanding of financial concepts and proven financial modeling and analysis ability; demonstrated understanding of financial statements, including drivers of results
  • Proven understanding of, and ability to navigate, complex data sourcing and aggregation processes; ability to engage with data management teams to ensure well-controlled and accurate data is provided and incorporated into recovery and resolution plans
  • Demonstrated understanding of capital markets activities and liquidity management
  • Proven ability to effectively manage complex projects and initiatives, including multiple business partners across different areas as well as large / complex data sets; demonstrated organization skills
  • Proven knowledge of bank regulatory requirements, including Dodd-Frank Act provisions and subsequent regulatory requirements and guidance regarding RRP
  • Advanced competency in Excel and PowerPoint
  • Ability to travel as needed, occasionally overnight

Preferred Qualifications:

  • Master’s degree, MBA, or relevant professional designation (e.g., CPA, CFA, FRM)
  • Five years of analytical experience in the Corporate Treasury function
  • Strong knowledge of bank financial statements and impact to capital and liquidity
  • Understanding of bank regulation related to Category III banking institutions
  • Ability to communicate at all levels of management

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

PDN-9cc0c6b8-d807-42eb-97fb-8f715ee8a893
Job Information
Job Category:
Accounting
Spotlight Employer
Related jobs
Apex Systems, Inc.
Electronic Technician 3
Apex Systems, Inc.
Job#: 2052602 Job Description: Apex Systems is currently searching for an Electronics Technician to support our Aerospace/DOD client in theRonkonkoma NY area. This role will be focused on assembling...
Nov 5, 2024
Ronkonkoma, NY
Apex Systems, Inc.
RAE-Troy, AL
Apex Systems, Inc.
Job#: 2052637 Job Description: This job opening is in Troy, AL onsite locations. Please email your resume over to [email protected], you may also reach me at 850-982-8453.Job Title: Residential...
Nov 5, 2024
Ridgeland, MS
Apex Systems, Inc.
Job#: 2052733 Job Description: ***If interested in the opportunity below please email a copy of your resume to[email protected]***Position: Telecom/Implementation EngineerLocation: Ashburn, VA,...
Nov 5, 2024
Ashburn, VA
©2024 TalentAlly
Powered by TalentAlly.
Apply for this job
Recovery & Resolution Planning Governance Lead
Truist
Charlotte, NC
Aug 19, 2024
Full-time
Your Information
First Name *
Last Name *
Email Address *
Zip Code *
Password *
Confirm Password *
Create your Profile from your Resume
By clicking the Apply button, you agree to the terms of use and privacy policy.
Continue to Apply

Truist would like you to finish the application on their website.