Risk Capture & Analytics Analyst

at  Truist Bank

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JOB SUMMARY

Support the execution of the Capital Adequacy Process by providing insight into the consideration of risks within the capital planning process. This includes developing the framework to demonstrate that stress test scenarios appropriately generate inputs used in downstream models that generate sufficiently adverse results. Support the team’s development of baseline and stress scenarios that are utilized in CCAR, ACL, and the monthly forecast process, as well as ad hoc analysis as requested by management. Helps facilitate committee, working group, and other governance forums by developing and/or collecting materials for those forums and performing governance related tasks.
This position will sit in-office 4 days a week at 214 N Tryon, Charlotte, North Carolina. (No other locations will be considered. No remote option available)

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.
1. Bachelor’s degree in business, accounting, economics, finance or equivalent education and related training
2. Five years of banking or equivalent relevant experience
3. Working knowledge of statistics, financial forecasting techniques, finance theory and application, discounted cash flow analysis, economic value added (EVA) analysis, project analysis, capital budgeting theory, and cost of capital theory
4. Working knowledge of principles, practices, theories, and/or methodologies associated with the regulatory capital, stress testing or resolution planning disciplines. Familiar with foundational concepts of other related professional disciplines
5. Proven competency in Excel and PowerPoint
6. Ability to travel as needed, occasionally overnight
Preferred Qualifications:
1. Master’s degree, MBA or professional designation (e.g., CFA, FRM)
2. Three years of analytical experience in the Corporate Treasury function
3. Working knowledge of bank financial statements and impact to capital
4. Understanding of bank regulation related to capital planning
5. Strong communication skills, both verbal and written
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.

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. Support the Risk Capture process in demonstrating Truist’s Capital Adequacy Process leverages methodologies and incorporates scenarios that comprehensively stress its corporate risk inventory consistent with regulatory guidance and rulemaking
2. Assist in the execution of scenario development and economic forecasting responsibilities for stress testing processes and submissions, including preparation of challenge and committee materials, generation and submission of the annual capital plan, and completion of the requisite submission templates.
3. Lead small projects and ad-hoc analysis as needed, while playing significant role in larger more complex initiatives
4. Monitor Notices of Proposed Rulemaking (NPRs) impacting capital planning and capital adequacy, and stay abreast of industry research and changing regulatory considerations.
5. Execute risk controls for the capital planning processes, ensuring appropriate documentation; make process improvements as needed to processes and controls.
6. Create, modify, and / or execute economic forecasting models to perform complex ad-hoc capital analysis within tight time windows; present findings to team members and make recommendations as applicable.