Operational Risk Governance and Transformation Analyst

Truist; Charlotte (NC); On-site; USD 110,000 - 150,000; Full time

Benefits offered by this job

Medical

Dental

Vision

Life insurance

Disability

401k plan

Pension plan

Restricted stock units

Deferred compensation

Job summary

Truist Wealth seeks a seasoned professional to govern Operational and Model Risk Transformation initiatives, ensuring transparent reporting to risk committees and the board. You will drive policy governance, risk metrics, and remediation efforts while partnering with leadership to advance Truist's risk agenda.

Located in Charlotte, NC, this in-office role requires collaboration with cross-functional teams, adherence to high ethical standards, and the ability to influence change across lines of

Qualifications

• Bachelor's degree in business or related field or equivalent education and training.
• Three years of risk or audit experience in a large financial services firm or equivalent.
• Excellent time management, communication, and presentation skills; strong interpersonal abilities.
• Ability to work strategically and tactically with big-picture view and attention to detail.
• Strong business acumen and organizational agility.
• Ethical standards and ability to manage pressure.
• Proficiency in Microsoft Office applications.

Responsibilities

• Oversee governance of Operational and Model Risk Transformation initiatives and report to governance bodies.
• Identify trends in execution deficiencies and recommend remedial actions.
• Manage policy governance and reporting for risk operations.
• Support risk reporting to committees, leadership, and regulators.
• Provide inputs for risk taxonomy, appetite framework, and KRIs.

Skills

Time management

Communication

Presentation

Interpersonal skills

Strategic thinking

Business acumen

Influence/change

Ethics

Policy governance

Education

Bachelor's degree in business or related field

Graduate School of Banking

Tools

Microsoft Office

Job description

Execute the governance processes over design, execution, and implementation of Operational and Model Risk Transformation initiatives and program risk. Perform processes under the oversight of the Head of Operational Risk Governance and Transformation that inform stakeholders of Operational and Model Risk transformation initiatives execution status and risks, including support of corporate governance processes through results reported to Operational Risk Management Committee, Enterprise Risk Committee and Board Risk Committee.

For this opportunity, Truist will not sponsor an applicant for work visa status or employment authorization, nor will we offer any immigration-related support for this position. This includes, but is not limited to: H-1B, F-1 OPT F-1 STEM OPT F-1 CPT J-1 TN-1 TN-2 E-3 O-1 Future sponsorship for U.S. lawful permanent residence status.

LOCATION: Please note that candidate must be located in one of the following locations: Charlotte, NC Winston, NC Truist 'in office' requirement is 5 days per week. No full remote or relocation assistance available at this time.

Regular or Temporary: Regular Language Fluency: English (Required) Work Shift: 1st shift (United States of America)

ESSENTIAL DUTIES:

1. Execute processes providing oversight of Operational and Model Risk Transformation initiatives helping drive quality of risk execution activities. Focus will be on risk program elements (RCSA, Control Testing, Third Party, Model, Change and Products and Services); scope will be dynamic based on execution priorities and progress. Inform and escale results to the Head of Operational Risk Governance and Transformation for further escalation.
2. Identify thematic trends in execution deficiencies, root causes and recommendations of remedial actions to inform risk execution activities.
3. Execute processes and reporting for a highly effective governance function appropriately tailored to Operational and Model Risk. Primary focus will be to manage Operational and Model Risk Operations as well as policy governance activities.
4. Execute processes that drive ORM reporting to ensure transparency of operational and model risk to Head of Operational Risk Governance and Transformation in support of Chief Risk Officer, Operational Risk Management Committee, other risk committees, senior risk officers, Executive Leadership, Board of Directors, LOB managers, as well as regulatory agencies.
5. Provide inputs and data to execute the OMRM Risk Taxonomy, Risk Appetite Framework operational risk metrics and Key Risk Indicators.
6. Provide inputs and data to execute issues management reporting and monitoring for Operational Risk Management issues, driving accountability for timely remediation.
7. Provide inputs and data to manage OMRM policies, creating expectations and timelines to ensure consistency, adequacy, and Policy and Procedure Management adherence.
8. Execute ORM Operations processes to support risk program owners and hiring managers with onboarding team members.
9. Provide targeted feedback in areas of focus to Operational and Model Risk Program Owners based on results of governance activities, track remedial actions, and monitor for sustainable execution under the oversight of the Head of Operational Risk Governance and Transformation. Successfully influence change in a manner consistent with Truist's Purpose, Mission, and Values.
10. Identifying executional best practices to inform Operational and Model Risk teams.
11. Proactively identify improvements to policies, procedures, practices, processes, and methodologies to support continuous improvement of risk execution.

Required Qualifications:

1. Bachelor's degree in business or related field or equivalent education and related training or experience.
2. Three years of relevant experience in Risk or Audit functions in a large regional or US financial services firm *or* commensurate experience as an examiner within the financial services industry.
3. Excellent time management organizational skills; excellent communication (verbal and written), and presentation and facilitation skills. Excellent interpersonal and relationship management skills with ability to interact and communicate within all levels of organization.
4. Ability to work strategically and tactically, comfortable seeing and defining the "big picture" while managing details.
5. Strong business acumen and organizational agility.
6. Ability to identify and influence change in a manner consistent with Truist's purpose, mission, and values.
7. Profound sense of ethics and the ability to deal with pressure from constituents.
8. Proficiency in Microsoft Office including Word, Excel, PowerPoint, and others.

Preferred Qualifications:

1. Direct experience in internal audit or risk management programs in a large complex financial institution.
2. Experience supporting risk monitoring, reporting, and data analysis to identify trends, issues, and control insights.
3. Experience maintaining risk governance tools, dashboards, KRIs, risk registers, and related operational risk processes.
4. Completion of a Graduate School of Banking.
5. Experience with large transformational programs.

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
• 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 About Truist Truist is a purpose-driven financial services company, formed by the historic merger of equals 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.