Senior Controls Monitoring & Testing Consultant - HR / Finance

Truist Financial Corporation; Charlotte (NC); On-site; USD 90,000 - 130,000; Full time

Job summary

A major financial institution is seeking an experienced professional in risk management. The role involves providing expertise in compliance monitoring, conducting risk assessments, and leading initiatives to minimize loss within various business units. Candidates should have substantial experience in financial institutions and excellent communication skills.

Benefits

Medical, dental, and vision insurance

401k plan

Paid vacation and sick days

Qualifications

• Bachelor’s degree required.
• Eight years of experience in risk management or related field.
• Proficiency in risk management frameworks and business processes.

Responsibilities

• Develop framework for control monitoring and testing.
• Conduct key control assessments regularly.
• Lead complex review initiatives ensuring effective testing.

Skills

Risk Management Principles

Financial Knowledge

Communication Skills

Influencing Skills

Education

Bachelor's degree or equivalent education

Tools

Microsoft Office

Job description

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

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:

Provide subject matter expertise and thought leadership for the execution of testing and/or compliance monitoring indicators for assigned business unit/corporate function. Support the effective execution of risk and control assessments, change risk initiatives, and aggregated control environment monitoring and trend analysis with the goal of minimizing losses for the Enterprise. Evaluate, enhance, and develop risk-based strategies, tools and techniques for the ongoing monitoring and assessment of the control environment. Provide oversight for test planning and execution. Identify key risks and control points related to processes under review.

The assigned Corporate Functions for this team include HR, Finance, Legal, and Communications.

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.

• Develop and design framework for execution of control monitoring and testing of all risk types within business units to ensure accuracy, consistency, and aggregation.
• Lead complex or high-risk review initiatives; ensuring effective and appropriate testing, validation, and documentation of review activities for risk programs and controls.
• Conduct key control assessments on a regular basis (adhering to Enterprise deliverables) to evaluate Business Unit adherence to corporate standards related to internal controls.
• Incorporate results of quality monitoring activities, 2nd line testing, SOX testing and complaints reporting in control environment assessments and issue identification.
• Interpret aggregated testing and monitoring results and identify trends and issues related to key controls across business units.
• Evaluate and test control environment effectiveness related to change management initiatives.
• Work with and oversee the preparation of regular analysis and reporting of control monitoring and control testing results.
• Make recommendations and provide practical solutions for the update of Business Unit control, policy, procedure, and risk/control documentation.
• Collaborate with Business Unit and Risk Management partners as necessary to execute on key operational risk initiatives and assessments for the Division.
• Serve as the subject matter expert to assigned business unit(s) for operational or regulatory compliance control implementation, risk mitigation and effective design of controls. Set the example for other team members for technical knowledge, quality of testing work, attention to detail and risk recognition.
• May assign and supervise the activities of the Monitoring and Testing team who participate on the assignment. Serve as a mentor for junior level peers.

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, or equivalent education and related training.
• Eight years of experience in a financial institution with emphasis on risk management, audit, operations, process engineering or line of business specialty and/or equivalent education, training and experience.
• Solid knowledge of risk management principles and controls, broad-based business practices, and understanding of business process and regulatory requirements.
• Ability to lead quality assurance and process improvement efforts in a corporate environment.
• Knowledge of large bank, and securities risk frameworks, including FINRA, SEC, ERISA, Sarbanes-0xley, and other applicable federal and state law.
• Excellent communication, interpersonal and facilitation skills, as job will require extensive interaction with various business units among multiple disciplines including Senior Leadership across Truist.
• Strong influencing and presentation skills (written and verbal).
• Proven ability to influence and work within teams.
• Excellent time management and organizational skills with the ability to manage multiple projects simultaneously; ability to operate without close supervision.
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.

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 LawPay Transparency Nondiscrimination ProvisionE-Verify