Regulatory Capital Interpretive Office Associate Director

Truist Financial Corporation; Atlanta (GA); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

Life insurance

Disability coverage

401k plan

Vacation days and sick days

Job summary

Truist is seeking an Associate Director to act as the enterprise-wide subject matter expert on regulatory capital and reporting policy. You will interpret, implement, and advise on Basel 3 capital adequacy rules and related reporting requirements, ensuring compliance across Finance, Risk, and Business Units.

Responsibilities include developing policies, guiding change management for Basel 3 initiatives, and collaborating with Regulatory Reporting, Legal, and internal stakeholders to maintain

Qualifications

• Bachelor’s degree in Accounting or Finance is required.
• 10+ years of regulatory capital, accounting policy, or regulatory reporting experience.
• Deep knowledge of U.S. Basel 3 capital rules and GAAP-based regulatory reporting.
• Strong leadership, analytical, and communication skills.
• High integrity, self-motivation, and ability to manage multiple priorities.
• Proficiency in Microsoft Office; financial modeling experience.

Responsibilities

• Provide expert guidance on Basel 3 capital adequacy and GAAP-consistent regulatory reporting requirements.
• Serve as trusted advisor to Regulatory Reporting, Controllers and business teams.
• Ensure policy interpretations impact risk-weighted assets and regulatory reports are accurate and sustainable.
• Research and interpret complex transactions (e.g., securitizations, off-balance sheet exposures).
• Draft and review interpretive analyses for new business initiatives and ambiguous rule applications.
• Support implementation of new regulatory capital and reporting rules and internal control frameworks.

Skills

Leadership

Analytical

Communication

Education

Bachelor’s degree in Accounting or Finance

Tools

Microsoft Office

Financial modeling

Job description

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:

Serve as an enterprise-wide subject matter expert on regulatory capital and reporting policy. This role is responsible for interpreting, implementing, and advising on complex Basel 3 capital adequacy rules and regulatory reporting requirements (e.g., Call Report, FR Y-9C). The Associate Director will ensure compliance with evolving regulatory frameworks, support internal control programs (SOX, FDICIA), and provide fully informed guidance to leaders across Finance, Risk, and Business Units.

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.

Capital and Reporting Policy Leadership

• 1. Provide expert guidance on Basel 3 capital adequacy and GAAP-consistent regulatory reporting requirements, including for recurring and complex or unusual transactions.
• 2. Serve as a trusted advisor to Regulatory Reporting, Controllers and business teams.
• 3. Ensure the interpretations and policies that impact risk-weighted assets (RWA), regulatory capital, and financial regulatory reports are accurate, transparent, and operationally sustainable.

Interpretation and Advisory

• 4. Research and interpret complex transactions (e.g., securitizations, off-balance sheet exposures).
• 5. Draft and review interpretive analyses for new business initiatives and ambiguous rule applications.
• 6. Respond to inquiries from auditors, regulators, and internal stakeholders.

Policy Development and Implementation

• 7. Draft and maintain regulatory capital and reporting policies, standards, and procedures.
• 8. Support implementation of new regulatory capital and reporting rules and interpretations.
• 9. Support the design of internal control frameworks to ensure compliance and mitigate interpretive risk.

Monitoring and Change Management

• 10. Track regulatory developments from the FRB and FDIC, and help ensure changes are monitored, communicated and understood.
• 11. Communicate to other Finance and business leaders the impact these requirements will have on Truist’s regulatory reporting and capital compliance.
• 12. Support change management efforts for regulatory capital and reporting rules updates.

Governance and Risk Management

• 13. Support Enterprise Risk Management in identifying and mitigating regulatory capital and reporting risks.
• 14. Ensure effective documentation and communication of interpretive changes to downstream reporting groups.
• 15. Contribute to enterprise change initiatives such as the Basel 3 Endgame implementation.

Collaboration and Industry Engagement

• 16. Partner with business units and cross-functional teams to complete tasks and delivery high quality work.
• 17. Represent the firm in industry forums and regulatory discussions, using industry contacts to assess regulatory reporting interpretive approaches and change status.
• 18. Collaborate with internal Legal to comment on proposed new regulatory capital or reporting rulemaking, including through relevant industry associations.

QUALIFICATIONS

Required Qualifications:

• 1. Bachelor’s degree in Accounting or Finance.
• 2. 10+ years of experience in regulatory capital, accounting policy, or regulatory reporting.
• 3. Deep knowledge of U.S. Basel 3 capital rules and GAAP-based regulatory reporting.
• 4. Strong leadership, analytical, and communication skills.
• 5. High integrity, self-motivation, and ability to manage multiple priorities.
• 6. Proficiency in Microsoft Office; financial modeling experience.

Preferred Qualifications:

• 1. Master’s degree in Business, Accounting, or Finance.
• 2. CPA, CMA or CFA designation.
• 3. Experience with large, SEC-registered financial institutions or public accounting firms.

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