Regulatory Policy Manager

Truist; Town of Charlotte (NY); On-site; USD 120,000 - 170,000; Full time

Benefits offered by this job

Medical insurance

401k plan

Paid vacation and holidays

Life insurance

Job summary

Truist is seeking a senior Regulatory Reporting Manager to interpret and implement GAAP-based regulatory reporting requirements and support control programs. You will lead policy development, provide guidance to finance, risk, and business units, and respond to auditors and regulators with clear analyses.

The role focuses on complex transactions, change management, and enterprise risk governance. Strong leadership and communication are essential for success in this team-oriented environment.

Qualifications

• Bachelor’s degree in Accounting or Finance.
• CPA designation.
• 8 years of experience in regulatory capital, accounting policy, or regulatory reporting.
• Strong knowledge of 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 GAAP-consistent regulatory reporting guidance for recurring and complex transactions.
• Advise Regulatory Reporting, Controllers and business teams.
• Interpret regulatory reporting requirements accurately and sustainably.
• Research regulatory reporting treatments for complex transactions.
• Draft interpretive analyses for new initiatives and ambiguous rule applications.
• Respond to inquiries from auditors, regulators, and internal stakeholders.
• Draft and maintain regulatory reporting policies, standards, and procedures.
• Support implementation of new regulatory reporting rules and interpretations.
• Design internal control frameworks to ensure compliance and mitigate interpretive risk.
• Track regulatory developments and communicate impact to leaders.
• Support change management for regulatory reporting updates.
• Support Enterprise Risk Management in identifying regulatory reporting risks.
• Document interpretive changes for downstream reporting groups.
• Contribute to Basel 3 Endgame implementation with cross-functional collaboration.
• Collaborate with business units to deliver high quality work.
• Monitor and assess peer and industry regulatory reporting changes.

Skills

GAAP knowledge

Leadership

Analytical skills

Communication skills

Multitasking

Education

Bachelor’s degree in Accounting or Finance

Master’s degree in Business, Accounting, or Finance

CPA designation

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

This role is responsible for interpreting and implementing complex GAAP-based regulatory reporting requirements (e.g., Call Report, FR Y-9C). The Manager 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

Capital and Reporting Policy Leadership

1. Provide well informed guidance on GAAP-consistent regulatory reporting requirements, including for recurring and complex or unusual transactions.
2. Serve as an advisor to Regulatory Reporting, Controllers and business teams.
3. Interpretate regulatory reporting requirements in a manner that is accurate, transparent, and operationally sustainable.
   Interpretation and Advisory
4. Research the regulatory reporting treatment of complex transactions (e.g., securitizations, off-balance sheet exposures, Regulation W, FR Y-14, FR 2052a).
5. Draft 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 reporting policies, standards, and procedures.
8. Support implementation of new regulatory 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, FDIC, FASB, and SEC 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 compliance.
12. Support change management efforts for regulatory reporting rules updates.
    Governance and Risk Management
13. Support Enterprise Risk Management in identifying and mitigating regulatory 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. Analyze and track peer and industry group contacts and status on the consideration of proposed regulatory reporting changes.

Qualifications

Required Qualifications

1. Bachelor’s degree in Accounting or Finance.
2. CPA designation.
3. 8 years of experience in regulatory capital, accounting policy, or regulatory reporting.
4. Strong knowledge of GAAP-based regulatory reporting.
5. Strong leadership, analytical, and communication skills.
6. High integrity, self-motivation, and ability to manage multiple priorities.
7. Proficiency in Microsoft Office; financial modeling experience.

Preferred Qualifications

1. Master’s degree in Business, Accounting, or Finance.
2. 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.

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).