Wholesale Risk Rating Model Manager

Truist Financial Corporation; Charlotte (NC); Remote; USD 80,000 - 110,000; Full time

Job summary

An established industry player is seeking a strategic leader to oversee wholesale risk rating processes. This fully remote position involves managing key risk rating models, facilitating training, and ensuring compliance with regulatory frameworks. The ideal candidate will have a strong background in commercial banking, with at least ten years of experience and a proven ability to translate complex technical concepts into actionable business strategies. Join a dynamic team that values talent development and offers a comprehensive benefits package, including medical, dental, and retirement plans.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k Plan

Paid Vacation

Paid Sick Days

Paid Holidays

Qualifications

• 10+ years in commercial banking with a focus on risk rating models.
• Strong analytical skills and ability to translate technical concepts.

Responsibilities

• Lead governance and monitoring for wholesale risk rating models.
• Develop and maintain process documentation and training materials.

Skills

Commercial Banking Experience

Analytical Skills

Interpersonal Skills

Decision Making Skills

Knowledge of Basel Accord

Ability to Translate Technical Concepts

Education

Bachelor's Degree in Business

Bachelor's Degree in Accounting

Bachelor's Degree in Statistics

Tools

Microsoft Office

Microsoft Project

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.

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Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Directly and through management of support teammates, provide leadership, strategic direction and tactical process for policy and process related to wholesale risk rating. Moody's Risk Origin SME. Facilitate development of process, training and communications. Model owner for a number of key wholesale credit models. Assist in development and maintenance of Wholesales Risk Policies and Procedures.

**This role is fully remote**

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.

1. Represent Risk Management Organization (RMO) and Business Units as the primary contact for IT partners and the vendor manager for the MRO scorecard application - attending review meetings, prioritizing change requests and planning for releases

2. Manage ongoing governance and monitoring for wholesale risk rating models, including outcomes analyses and governance reporting such as monitoring of overrides. Partner with the Model Development for scorecard performance analytics. Co-ordinate and prepare quarterly Credit Risk Management Committee (CRPC) Ongoing Governance and Monitoring (OGM) reporting

3. Serve as owner for a number of key risk rating models, including user support, maintenance of documentation and review and interpretation of outcomes analysis

4. Serve as a liaison between Model Development and business units on risk rating models

5. Develop and maintain process documentation and training materials. Coordinate with training partners to deliver and/or communicate materials

6. Assist Model Development with "Fit For Use" and segmentation analysis

7. Manage the Risk Rating Group (RRG) site and internal SharePoint/folders

8. Serve as the RRG data steward

9. Development and retention of talent

10. Assist the Wholesale Policy team in development of Wholesale Policies and Procedures as necessary

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.

1. Bachelor's degree in Business, Accounting, Statistics or related field

2. Ten years of experience in the commercial banking industry or related work experience

3. Experience working with commercial risk rating models

4. Ability to translate technical concepts into business terms

5. Strong knowledge of systems related to wholesale risk ratings

6. Strong analytical and decision making skills

7. Excellent interpersonal, organizational and facilitation skills

8. Understanding of Basel Accord and U.S. regulatory framework with regard to Wholesale ratings

9. Demonstrated proficiency in basic computer applications, such as Microsoft Office software product

Preferred Qualifications:

1. Understanding of basic statistical analysis

2. Microsoft Project

3. Familiarity with Truist systems

4. Basic database experience

5. Experience writing technical user guides

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.

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