You haven't searched anything yet.
Language Fluency: English (Required)
Work Shift:
1st shift (United States of America)Job Grade:
111Please review the following job description:
A first line of defense risk professional within the Governance and Controls Program Office , you will be responsible for the execution and management of model risk program activities spanning a portfolio of models.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.
Understand the models used within a given business area.
Serve as the new model collection point and drive value to Consumer and Small Business Banking, Enterprise Operational Risk Services, Enterprise Technology, Finance, Government Affairs and Legal Team, Human Resources, Risk Management Organization, and Wholesale areas.
Identify potential models and submit for disposition on an ongoing basis.
Ensure the effective execution of the model inventory attestations across the associated model portfolio.
Verify vended model adhere to policy stipulation related to vendor models, active participation in Third Party Risk Assessments regarding models.
Active participation in Change Risk Assessments regarding models.
Report on model risk at the associated Business Unit Risk Committee and participate in other model related committees.
Participate in audit and regulatory exams.
Serve as the liaison between associated model owners, other model area owners, key [Consumer and Small Business Banking, Enterprise Operational Risk Services, Enterprise Technology, Finance, Government Affairs and Legal Team, Human Resources, Risk Management Organization, Wholesale] representatives, and the second line model risk program.
Serve as a subject matter expert for the Model Risk Management program, providing effective challenge as necessary to program updates, changes. Participate in all applicable working groups for the Model Risk Management program.
Communicate, train and monitor adherence of business partners and GCO teammates for changes in risk programs; provide coaching on effective execution, sharing best practices where applicable.
Deliver/Influence recommendations for updates to relevant policies and procedures for risk program execution.
Establish working relationships with line of business leaders and second line, third line of defense risk partners.
Communicate and present materials in various leadership forums, committees.
Mentor teammates within the risk execution team.
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 in Business, Finance or science/academic field, or equivalent education and related training or experience
Five years of risk management experience in financial services or related field
Broad risk and regulatory knowledge with an emphasis on: Credit, Market, Liquidity, Compliance, Operational, Reputation and Strategic Risks
Strong leadership and communication skills
Ability to think critically and strategically, multi-task, and drive change
Strong quantitative, governance, and analytic abilities
Ability to provide effective challenge to senior levels of leadership
Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.
Ability to travel, occasionally overnight
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. 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.
Full Time
Banking
$88k-115k (estimate)
08/08/2024
10/06/2024
truist.com
CHARLOTTE, NC
>50,000
2019
Public
KELLY S KING
$10B - $50B
Banking
Truist is a North Carolina-based financial institution that provides personal and commercial banking products and services for individuals and businesses.