Business Unit Risk Advisor II

Business Unit Risk Advisor II

The Business Unit Risk Advisor II role, advising the retail broker dealer business, engages with Business Unit leadership in its management of risks and controls as well as its execution of risk program requirements. Execute, facilitate and / or monitor 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

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. Provide strategic and tactical effective challenge for all risks present within the Business Unit (BU). Concur with key risk decisions and escalate unacceptable or key emerging risks to BU CRO and / or Business Unit Risk Committee.

2. Guide risk-taking behavior. Provide counsel and advice to BU and senior BU leaders.

3. Monitor risk exposures, concentrations and limits. Ensure risk levels stay within risk appetite.

4. Opine on new or revised risk program requirements to confirm they are consistent with the Bank's risk appetite, regulator expectations and industry standard.

5. Identify areas of opportunity to improve risk visibility within BU; develop and implement plan to transform opportunity into new processes and activities.

6. Assist in the development and opine on Risk Appetite Framework metrics and Key Risk Indicators within the BU as well as those defined by the BU for implementation across Truist (where applicable).

7. Advocate the Bank's risk culture, compliance with enterprise risk initiatives and promote sound risk management practices.

8. Provide connectivity between the output of risk programs as appropriate. Coordinate with stakeholders to resolve highly complex or challenging issues.

9. Advise on the effectiveness of BU risk and control environment.

10. Provide direction and guidance in the development of controls and governance mechanisms within the BU.

11. Execute, facilitate and monitor risk governance mechanisms, including but not limited to, Compliance Risk and Control Self-Assessment (C-RCSA), Risk and Control Self-Assessment (RCSA), key risk indicators, policies, risk committees and other elements of the Enterprise Risk Framework.

12. Monitor issues (all types) assigned to BU, as well as those that have downstream or upstream impact to the BU and ensure appropriate remediation.

13. In conjunction with Compliance Risk Management and Legal, monitor BU adherence to applicable policies, laws and regulations.

14. Communicate to BU senior leadership, regulators and Executive Committees key activities, trends, and events pertaining to risk, regulatory and audit reviews. Continue to promote various risk initiatives and their supporting metrics.

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 Accounting, Business, Finance or related field, or equivalent education and related training.

2. 8+ years of experience in a financial institution with emphasis on risk management, audit, operations, process engineering or line of business specialty and / or equivalent education, training and experience.

3. Experience in compliance and operational risk mitigation and remediation.

4. Strong communication, interpersonal, presentation and negotiation skills.

5. Proven leadership and management skills.

6. Strong analytical, problem solving and decision-making skills in complex environments and with senior leadership.

7. Strong time management and organizational skills adaptable to a dynamic and complex work environment; Capable of handling multiple projects concurrently.

8. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.

9. Ability to travel, occasionally overnight.

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.