Data Risk Transaction and Conformance Testing Specialist

Truist; Atlanta (GA); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Medical

Dental

Vision

Life insurance

Disability coverage

401k plan

Paid holidays

Vacation time

Job summary

Truist is seeking a Data Risk Transaction and Conformance Testing Specialist to support data quality testing and conformance assessments across enterprise data domains. The role evaluates data accuracy for regulatory reporting and documents results for impact assessment.

The position requires strong analytical skills, knowledge of data governance and reporting, and the ability to collaborate across teams. Regular hours with potential travel are expected in this banking environment.

Qualifications

• Bachelor’s degree in Business Administration, Information Systems or related field or equivalent education and training.
• Five to eight years banking experience with emphasis on second line of defense efforts.
• Basic knowledge of balance sheet, income statement and cash flow information.
• Ability to understand business rules and data lineage, work with varying data formats, and develop metrics to monitor data quality.
• Experience in credit decisioning, managing credit risks, or portfolio management.
• Ability to work independently or as a team member.
• Ability to lead and direct team members on complex projects.
• Excellent verbal and written communication skills.
• Strong analytical skills.
• Proficiency with Microsoft Office products.
• Knowledge of data governance laws and regulations.
• Ability to travel occasionally overnight.

Responsibilities

• Assist with establishing data risk policies, standards and best practices for the Bank.
• Develop data testing procedures and templates for Regulatory Reports.
• Analyze data within enterprise data entities to assess accuracy and correctness.
• Provide SME in planning and execution of data risk management activities.
• Subject matter expert on accounting and regulatory reporting requirements.
• Recommend remediation to Data Assessment Director as appropriate.
• Identify and escalate data quality issues.
• Use tools to analyze data according to defined rules.
• Document and publish data quality errors.
• Communicate data quality non-compliance to data stewards and users.
• Update reports and publish data quality assessments.
• Review regulatory guidance and apply to framework.
• Represent the Data Assessment Director on enterprise projects.
• Complete second-level reviews of loan level data assessments.
• Instruct and mentor team members on tasks.

Skills

Analytical skills

Communication skills

Data governance

Data quality

Regulatory understanding

Education

Bachelor’s degree in Business Administration, Information Systems or related field

Tools

SAS

Informatica

Oracle

Teradata

Tableau

SQL

Job description

Please review the following job description:

The Data Risk Transaction and Conformance Testing Specialist supports the execution of data quality, data testing, and conformance assessments across assigned enterprise data domains. This role assists in evaluating the accuracy, completeness, and consistency of data used in regulatory reporting. The testing specialist applies foundational testing, financial reporting and data analysis skills to identify data and reporting issues, document results and support assessment of impacts.

Regular or Temporary:

Regular

Language Fluency:

English (Required)

Work Shift:

1st shift (United States of America)

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. Assist with the establishment of data risk policies, standards, guidelines and best practices for the Bank regarding design and structure of control frameworks.
2. Develop data testing procedures and templates for various Regulatory Reports.
3. Analyze data within assigned enterprise data entities compared to source information to assess the accuracy and correctness of data.
4. Provide subject matter expertise in the planning and execution of data risk management activities such as data risk prioritization, data quality and central data risk management.
5. Subject matter expert on accounting and regulatory reporting requirements, and reporting processes for assigned area of responsibility.
6. Make informed recommendations for remediation to the Data Assessment Director, as appropriate.
7. Identify, compare and escalates identified data quality issues.
8. Utilize tools to analyze data according to defined business rules and procedures.
9. Document and publish data quality errors.
10. Communicate data quality non-compliance to data stewards and business users.
11. Update reports, track and publish data quality assessments.
12. Research and review regulatory guidance and apply to framework.
13. Represent the Data Assessment Director at enterprise-level projects relating to data governance or quality assurance, as appropriate.
14. Complete second level review work of loan level data assessments for other team members.
15. Instruct, direct and mentor other members of the team.

Qualifications

Required Qualifications

1. Bachelor’s degree in Business Administration, Information Systems or related field, or equivalent education and related training.
2. Five to eight years of banking experience with an emphasis on second line of defense efforts.
3. Basic knowledge of balance sheet, income statement and cash flow information.
4. Ability to understand business rules and data lineage, work with varying data formats, and develop metrics to monitor data quality.
5. Previous experience in credit decisioning, managing credit risks, or portfolio management.
6. Ability to work independently or as a member of a team.
7. Ability to lead and direct team members in completion of complex projects.
8. Excellent verbal and written communication skills.
9. Strong analytical skills.
10. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.
11. Knowledge of relevant laws and regulations affecting data quality and governance.
12. Ability to travel, occasionally overnight.

Preferred Qualifications

Big 4 Accounting/Consulting, external audit or internal audit experience in financial services

1. Understanding of GAAP, SEC reporting and Bank Regulatory Reporting (e.g., FR Y-9C, FR Y-14Q, FR 2052a)
2. Commercial lending experience
3. Experience with Truist systems and lending functions.
4. Knowledge of Truist’s credit risk management functions
5. Knowledge of data tools and platforms used for managing, storing, querying, testing, loading, and transformation of data (SAS, Informatica, Oracle, Teradata, Alteryx, Tableau, SQL, etc.).
6. CPA/FRM/CFA or equivalent advanced risk certification.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation:

• medical
• dental
• vision
• life insurance
• disability
• accidental death and dismemberment
• tax-preferred savings accounts
• 401k plan
• 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment
• 10 sick days (also prorated)
• paid holidays
• defined benefit pension plan (depending on the position and division)
• restricted stock units
• deferred compensation plan

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

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