Capital Reporting Officer

Truist; Charlotte (NC); On-site; USD 180,000 - 260,000; Full time

Benefits offered by this job

Medical, Dental, Vision

401k plan

Paid time off & holidays

Job summary

Truist is seeking a Senior Regulatory Capital and RWA reporting expert to guide Finance, Controllership, Treasury, and Regulatory Reporting teams. You will ensure timely, accurate regulatory reporting to leadership and regulators while advancing governance and control frameworks.

The role focuses on Basel III Endgame implementation, capital efficiency, and cross-functional collaboration to assess RWA implications of business initiatives and enhance reporting integrity.

Qualifications

• Bachelor’s degree or equivalent in Accounting/Finance or related field.
• Ten years of relevant accounting or accounting policy experience.
• Experience writing detailed technical reporting requirements and communicating with developers and users.
• Experience in regulatory or SEC reporting with CCAR reporting.
• Advanced Excel / VBA skills.
• Strong verbal, written, and presentation skills.

Responsibilities

• Serve as an SME on Regulatory Capital and RWA reporting requirements.
• Lead preparation, review, and submission of regulatory reports.
• Provide strategic oversight of Capital and RWA reporting processes.
• Partner with Treasury, Risk, Finance, and LOBs to implement reporting changes.
• Lead variance analysis and root-cause investigations for reporting fluctuations.
• Prepare executive-level materials for senior management and regulatory stakeholders.
• Oversee regulatory examinations, audits, and remediation efforts.
• Drive change initiatives to enhance reporting capabilities and controls.
• Design and improve reporting processes, controls, and data quality validation.

Skills

Advanced Excel / VBA

Regulatory reporting

CCAR reporting

SAP

Hyperion Reporting

Leadership

Verbal & written communication

Education

Bachelor’s degree in Accounting, Finance, Business Administration, Economics

Master’s or advanced degree in Business or Accountancy

CPA designation

Tools

SAP

Hyperion Reporting

GL Master Data

Job description

Serve as the subject matter expert for Regulatory Capital and Risk-Weighted Assets (RWA) reporting requirements, providing guidance and technical expertise to Finance, Controllership, Treasury, and Regulatory Reporting teams. Responsible for ensuring the delivery of accurate, timely, and well-controlled financial and regulatory reporting to Executive Leadership, the Board of Directors, and regulatory agencies. Partner closely with business lines and cross-functional stakeholders to evaluate the Capital and RWA implications of business initiatives, support strategic decision-making, and enhance the effectiveness of governance and control frameworks. Drive efforts to optimize capital efficiency while maintaining compliance with evolving regulatory requirements. This role will play a critical part in the implementation and ongoing execution of the Basel III Endgame regulatory capital framework and requires a strong understanding of regulatory capital rules, risk-weighted asset methodologies, and related reporting requirements. 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.

Essential Functions

• Serve as a subject matter expert on Regulatory Capital, RWA, accounting, and regulatory reporting requirements, driving the implementation of evolving regulations and industry best practices.
• Lead the preparation, review, and submission of regulatory reports, ensuring compliance with reporting instructions, supervisory guidance, and governance requirements.
• Provide strategic oversight of Capital and RWA reporting processes, ensuring the accuracy, integrity, timeliness, and consistency of internal and external reporting.
• Partner with Treasury, Risk, Finance, and Lines of Business to implement reporting changes, promote data integrity, and ensure alignment with regulatory requirements.
• Lead variance analysis and root-cause investigations for significant reporting fluctuations, driving timely resolution and sustainable process improvements.
• Prepare and present regulatory reporting analyses and executive-level materials to senior management, governance committees, and regulatory stakeholders.
• Oversee regulatory examinations, audits, and issue remediation efforts, ensuring effective governance, compliance, and control execution.
• Drive complex problem-solving and change management initiatives to enhance reporting capabilities, strengthen controls, and support strategic business objectives.
• Design and enhance reporting processes, controls, reconciliations, edit checks, and data quality validation procedures to strengthen reporting accuracy and operational effectiveness.

Required Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, Economics, or equivalent education and related training.
• Ten years of relevant accounting or accounting policy experience.
• Self-motivated with the ability to work without supervision; ability to work under difficult time constraints and manage multiple resources, priorities and projects.
• High energy level and strong work ethic to meet the demands of a fast paced, goal driven environment; results orientation, which includes meeting commitments, performance metrics, and targeted and required delivery dates.
• Proven experience writing detailed technical reporting requirements and communicating with developers and business users.
• Experience in regulatory or SEC reporting with extensive experience in CCAR reporting.
• Experience with SAP, Hyperion Reporting and GL Master Data.
• Advanced Excel / VBA skills.
• Excellent verbal, written and presentation skills, with the ability to define problems and persuasively present conclusions.
• Intelligent, strong and decisive leadership within an organization as a result of high integrity, intellectual clarity and a passion for excellence.

Preferred Qualifications

• Deep knowledge of Regulatory Capital and RWA frameworks, with proven experience overseeing reporting and analysis under both the Standardized and Advanced Approaches.
• Strong understanding of key methodologies, including the Collateral Haircut Approach, Standardized Approach for Counterparty Credit Risk (SA-CCR), Simplified Supervisory Formula Approach (SSFA), Look-Through Approach, and other applicable regulatory capital frameworks.
• Fundamental understanding of the Basel III Endgame capital framework, including key regulatory capital requirements and the application of the Expanded Risk-Based Approach (ERBA).
• Master’s or advanced degree in Business or Accountancy.
• Certified Public Accountant (CPA) designation; strong technical accounting knowledge.
• Prior experience working for a large, SEC-registered financial institution or senior manager-level public accountant with extensive bank experience.

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 is an Equal Opportunity Employer that does not discriminate 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 E-Verify IER Right to Work

About Truist Truist is a purpose-driven financial services company, formed by the historic merger of BB&T and SunTrust. We serve clients in a number of high-growth markets in the country, offering a wide range of financial services. At Truist, our purpose is to inspire and build better lives and communities. That happens through real care to make things better. To meet client needs, to empower teammates, and to lift up communities. Learn more about Truist on truist.com.