Senior Collateral Manager

Senior Collateral Manager

Develop, evaluate, and implement collateral management / optimization strategies to meet the collateral requirements / needs of Truist that align with risk framework and risk / return objectives. Role will report to Head of Corporate Funding but will work with Corporate Treasury partners in Liquidity, Capital, Resolution, and Investment Portfolio. Will be responsible for ensuring compliance with applicable regulatory requirements for collateral management across Reg YY, SR Letter 12-7, and SR Letter 10-6. The Senior Collateral Manager will oversee the development of a collateral management framework that governs data and reporting related to collateral management, along with partnering with leaders across lines of business to maximize / optimize on- / off-balance sheet collateral.

Essential Functions :

• Ensure compliance with applicable regulatory requirements for collateral management across Reg YY, SR Letter 12-7, and SR Letter 10-6.
• Develop collateral management framework, including but not limited to : policy, standards, procedures, reporting, and risk appetite.
• Lead efficient pledging of all eligible securities and loans to the Federal Home Loan Bank (FHLB), Federal Reserve (FRB), or other secured borrowing facilities.
• Partner with lines of business and loan operations to maximize and optimize loans / securities collateral through effective governance structure and documentation, including policies, standards, and procedures.
• Lead and be the primary contact for periodic loan eligibility reviews with FHLB / FRB and being the collateral management subject matter expert in internal / external reviews, such as audits, 2nd line risk reviews, and horizontal liquidity reviews.
• Work with corporate treasury partners in liquidity, capital / resolution, and investment portfolio to enhance collateral management.
• Partner with corporate funding manager to expand and manage secured borrowing facilities.
• Be the business owner of collateral management reporting and monitoring.
• Adhere to risk management responsibilities, including applicable regulatory and compliance policies / standards linked to the role.
• Perform ad-hoc analyses, special projects, and additional duties / responsibilities as required.

Required Qualifications :

Preferred Qualifications :

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.