Business Unit Risk Team Lead - Cloud Services and Core Technology

Business Unit Risk Team Lead

The Business Unit Risk Team Lead engages with Technology Business Unit leadership in its management of risks and controls as well as its execution of risk program requirements. This position will be responsible for leading a team of risk professionals to support the execution of enterprise risk programs and focusing with the business on existing and emerging risks. Responsible for executing, facilitating and / or monitoring execution of Risk Program requirements (e.g., RCSA, KRIs, etc.). Provide strategic insight, risk advice and influence to assigned Business Unit. Concur with material risk taking by the Business Unit and escalate unacceptable risks. Aggregate, integrate, correlate and report risks for assigned Business Unit. Present risk aggregation, key risks and emerging risks to senior Business Unit Leadership. Identify and opine on remediation to address weaknesses related to inadequate or failed processes, people, and systems, or external events and ensure effective remediation.

Essential Duties And Responsibilities

• Engage in risk management activities with the line of business, proactively identifying existing and emerging risks, evaluating the significance of the risks, and providing support in managing acceptance or mitigation of the identified risks.
• Lead a team of risk specialist and analyst level professionals responsible for executing the responsibilities of various operations and enterprise risk programs in accordance with the program requirements (i.e. Risk control self-assessments, issues management).
• Assist business line leadership with identifying, assessing, controlling, mitigating, and communicating risks associated with business processes and decisions. Provide oversight and governance to the assigned business unit regarding its control environment.
• Support the business in the development of Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs).
• Provide risk management support and oversight for change activities (both business and regulatory change).
• Provide oversight and support for open risk, audit, and regulatory issues. Evaluate the root cause, the corrective action plans and work with business partners and GCO advisor team to successfully implement and document remediation.
• Support the business for all audit and regulatory exam engagements.
• Communicate with assigned business unit's leadership regarding activities, trends, and events pertaining to risk, regulatory, audit and loan review activities. Promote various risk initiatives and their supporting metrics.
• Work alongside the Risk Program Execution team in executing and supporting all risk program activities as defined in policy.
• Coach and develop risk professionals.

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.

Preferred Qualifications :

The annual base salary for this position is $164,000-$205,000.

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.