Regulatory Reporting Governance Director

Job Title

Implementation, management and ongoing execution of the Truist regulatory reporting risk frameworks in alignment with second line of defense risk programs. Lead a team of professionals in the first line of defense, providing direction and guidance for aggregated oversight and governance for all risk types inherent in the regulatory reporting function.

Essential Functions :

• Support the regulatory reporting governance framework in the execution of enterprise, technology, operational, and compliance risk frameworks to align with second line of defense program requirements and industry best practices.
• Ensure oversight partners stay abreast of current and emerging regulatory reporting risk exposures.
• Guide the regulatory reporting production teams on program requirements for regulatory changes, issues management, risk acceptances, key performance and key risk indicators, internal and external events, and internal controls monitoring and testing.
• Manage a team of governance professionals that facilitate risk programs within their assigned responsibilities.
• Drive collaboration between enterprise-wide risk program owners and the regulatory reporting production teams to ensure partnership and avoid duplicative risk execution activities.
• Maintain a deep understanding of governance frameworks to help guide and drive consistency and reasonableness in execution across the regulatory reporting production teams.
• Provide sound risk advisory and judgment to assist the production teams in making prudent risk decisions.
• Ensure the appropriate stakeholders and subject matter experts are engaged across the organization for risk program execution activities.
• Assist with the applicable reporting to the Regulatory Reporting Governance Committee, as well as other Committees, as applicable.
• Assist with Audit and Regulatory Exam management.
• Assist in thematic review of issues to identify items that might impact regulatory reporting.
• Assist the production teams in developing sound policies and procedures in line with enterprise governance guidelines.
• Develop and deliver training to business management, production teams and data providers on process, risks, controls, and control testing.
• Assist production teams in defining and documenting business process inventory, including process maps with control points documented.
• Manage Regulatory Reporting Governance Senior Analysts and Analysts, as well as lead other teammates in project execution.
• Assist and guide the production teams in determining materiality and appropriate documentation of change risk initiatives.
• Guide the production teams in appropriate project management practices as needed.
• Assist in the management and identification of issues and sub-issues (self-identified, audit, regulatory, etc.) to ensure risk is appropriately mitigated by action plans.
• Monitor risk execution output to determine if business partners are able to gain visibility into current and emerging regulatory reporting risk.
• Monitor resourcing and skill sets for teammates within the Regulatory Reporting Governance team. Escalate concerns in a timely manner.

Required Qualifications :

Preferred Qualifications :

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.

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.