Regulatory Capital Interpretive Office Associate Director

Truist Bank; Georgia; On-site; USD 120,000 - 170,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401k plan with company match

Pension/defined benefit plan

Job summary

Truist Financial Corporation seeks an experienced expert to serve as an enterprise-wide advisor on Basel 3 capital and regulatory reporting policies. You will interpret complex rules, support SOX/FDICIA controls, and guide leaders across Finance, Risk, and Business Units.

The role requires 10+ years in regulatory capital or related fields, strong leadership, and GAAP-based reporting expertise. This position involves cross-functional collaboration and ongoing regulatory monitoring.

Qualifications

• Bachelor's degree in Accounting or Finance.
• 10+ years of experience in regulatory capital, accounting policy, or regulatory reporting.
• 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 a trusted advisor to Regulatory Reporting, Controllers and business teams.
• Ensure interpretations and policies around 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 rule applications.

Skills

Regulatory capital

Financial reporting

Leadership

Communication

Analytical skills

Integrity

Education

Bachelor's degree in Accounting or Finance

Master's degree in Business, Accounting, or Finance

CPA, CMA or CFA designation

Experience with large, SEC-registered financial institutions or public accounting firms

Tools

Microsoft Office

Financial modeling

Job description

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

• 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.
• 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.
• 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.
• 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.
• 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

• 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.
• 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.

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.