Data Risk Transaction and Conformance Testing Specialist

Truist; Charlotte (NC); Hybrid; USD 90,000 - 150,000; Full time

Benefits offered by this job

Benefits package

Paid time off

Job summary

Truist seeks a Data Risk Transaction and Conformance Testing Specialist to support data quality, testing, and conformance assessments across enterprise data domains. You will evaluate accuracy and completeness of data used in regulatory reporting and apply data analysis skills to identify issues, document results and support impact assessment.

You will collaborate with the Data Assessment Director and other teams on risk management activities, contribute to data governance initiatives, and

Qualifications

• The role requires a bachelor’s degree or equivalent and 5–8 years banking experience in second line of defense.
• Strong understanding of data rules, data lineage, and data quality metrics.
• Experience with credit risk, regulatory reporting, and data governance.
• Excellent written and verbal communication and ability to lead teams.

Responsibilities

• Develop data testing procedures and templates for Regulatory Reports.
• Analyze data quality against source information to verify accuracy.
• Lead data risk management activities and coordinate with stakeholders.
• Mentor team members and perform second level review of data assessments.
• Document data quality issues and publish assessments to data stewards.

Skills

Data quality testing

Regulatory reporting

Data risk management

Analytical skills

Communication skills

Microsoft Office

Education

Bachelor's degree in Business Administration or Information Systems

Tools

SAS

Informatica

Oracle

Teradata

Alteryx

SQL

Tableau

Job description

Regular or Temporary: Regular

Language Fluency: English (Required)

Work Shift: 1st shift (United States of America)

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.

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.

• Assist with the establishment of data risk policies, standards, guidelines and best practices for the Bank regarding design and structure of control frameworks.
• Develop data testing procedures and templates for various Regulatory Reports.
• Analyze data within assigned enterprise data entities compared to source information to assess the accuracy and correctness of data.
• 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.
• Subject matter expert on accounting and regulatory reporting requirements, and reporting processes for assigned area of responsibility.
• Make informed recommendations for remediation to the Data Assessment Director, as appropriate.
• Identify, compare and escrow identified data quality issues.
• Utilize tools to analyze data according to defined business rules and procedures.
• Document and publish data quality errors.
• Communicate data quality non‑compliance to data stewards and business users.
• Update reports, track and publish data quality assessments.
• Research and review regulatory guidance and apply to framework.
• Represent the Data Assessment Director at enterprise-level projects relating to data governance or quality assurance, as appropriate.
• Complete second level review work of loan level data assessments for other team members.
• Instruct, direct and mentor other members of the team.

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.

• Bachelor’s degree in Business Administration, Information Systems or related field, or equivalent education and related training.
• Five to eight years of banking experience with an 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.
• Previous experience in credit decisioning, managing credit risks, or portfolio management.
• Ability to work independently or as a member of a team.
• Ability to lead and direct team members in completion of complex projects.
• Excellent verbal and written communication skills.
• Strong analytical skills.
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.
• Knowledge of relevant laws and regulations affecting data quality and governance.
• Ability to travel, occasionally overnight.

Preferred Qualifications

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

• Understanding of GAAP, SEC reporting and Bank Regulatory Reporting (e.g., FR Y-9C, FR Y-14Q, FR 2052a)
• Commercial lending experience
• Experience with Truist systems and lending functions.
• Knowledge of Truist’s credit risk management functions
• 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.).
• CPA/FRM/CFA or equivalent advanced risk certification.

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