GCO Senior Risk Advisor II- Credit Market and Liquidity Risk

Truist Financial - Charlotte, NC

Part-time,Full-time - Senior

Charlotte, NC

Credit Intermediation and Related Activities

About the position

The position involves engaging with Business Unit leadership to manage risks and controls while executing risk program requirements. The role requires the execution, facilitation, and monitoring of Risk Program requirements such as Risk and Control Self-Assessments (RCSA) and Key Risk Indicators (KRIs) within the Business Unit and Business Unit Risk Management (BURM). The individual will provide strategic insights, risk advice, and influence to the assigned Business Unit, ensuring that material risks are acknowledged and escalated when necessary. The position also entails aggregating, integrating, correlating, and reporting risks for the assigned Business Unit, presenting key risks and emerging risks to senior leadership. Additionally, the role involves identifying and addressing weaknesses related to inadequate or failed processes, people, and systems, ensuring effective remediation is in place. The essential functions of the job include providing strategic and tactical challenges for all risks present within the Business Unit, guiding risk-taking behavior, and monitoring risk exposures to ensure they remain within the established risk appetite. The individual will also opine on new or revised risk program requirements, ensuring alignment with the Bank's risk appetite and regulatory expectations. The role requires identifying opportunities to improve risk visibility within the Business Unit and developing plans to implement new processes and activities. Furthermore, the position involves assisting in the development of Risk Appetite Framework metrics and Key Risk Indicators, advocating for the Bank's risk culture, and ensuring compliance with enterprise risk initiatives. The individual will coordinate with stakeholders to resolve complex issues, advise on the effectiveness of the Business Unit's risk and control environment, and execute governance mechanisms related to risk management. Communication with senior leadership, regulators, and Executive Committees regarding key activities and trends related to risk is also a critical aspect of the role. The position fosters a spirit of continuous improvement and offers recommendations to enhance Business Unit processes as necessary.

Responsibilities

• Engage with Business Unit leadership in managing risks and controls.
• Execute, facilitate, and monitor Risk Program requirements within the Business Unit and BURM.
• Provide strategic insight, risk advice, and influence to the assigned Business Unit.
• Concur with material risk taking by the Business Unit and escalate unacceptable risks.
• Aggregate, integrate, correlate, and report risks for the assigned Business Unit.
• Present risk aggregation, key risks, and emerging risks to senior Business Unit Leadership.
• Identify and opine on remediation for weaknesses related to processes, people, and systems.
• Provide strategic and tactical effective challenge for all risks present within the Business Unit.
• Guide risk-taking behavior and provide counsel to BU and senior BU leaders.
• Monitor risk exposures, concentrations, and limits to ensure compliance with risk appetite.
• Opine on new or revised risk program requirements to confirm consistency with risk appetite and regulatory expectations.
• Identify areas of opportunity to improve risk visibility within BU and implement plans for transformation.
• Assist in the development of Risk Appetite Framework metrics and Key Risk Indicators.
• Advocate the Bank's risk culture and promote sound risk management practices.
• Coordinate with stakeholders to resolve complex issues related to risk management.
• Advise on the effectiveness of the Business Unit's risk and control environment.
• Execute and monitor risk governance mechanisms, including C-RCSA and RCSA.
• Monitor issues assigned to BU and ensure appropriate remediation.
• In conjunction with Compliance Risk Management and Legal, monitor BU adherence to applicable policies, laws, and regulations.
• Test controls to confirm design adequacy and operational effectiveness.
• Communicate key activities, trends, and events pertaining to risk to senior leadership and regulators.
• Develop and maintain effective communication with other leaders in the BU and relevant BUs.
• Foster continuous improvement and offer recommendations to refine Business Unit processes.
• Make recommendations regarding employment, career development, and performance evaluations.

Requirements

• Bachelor's degree in Accounting, Business, Finance or related field, or equivalent education and training.
• Twelve years of experience in a financial institution with emphasis on risk management or equivalent work experience.
• Experience in compliance and operational risk mitigation and remediation.
• Strong communication, interpersonal, presentation, and negotiation skills.
• Proven leadership and management skills.
• Strong analytical, problem-solving, and decision-making skills in complex environments.
• Strong time management and organizational skills adaptable to a dynamic work environment.
• Demonstrated proficiency in basic computer applications, such as Microsoft Office.

Nice-to-haves

• Knowledge and experience within Market and Liquidity Risk.
• Master's degree in Finance or Business, or equivalent education and training.
• 15 years of banking or relevant experience.
• Audit experience.
• Professional designation related to risk management or field of assigned business unit(s).
• Strong knowledge in the field of assigned business unit(s).
• Knowledge of financial accounting and reporting systems.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• Accidental death and dismemberment insurance
• Tax-preferred savings accounts
• 401k plan
• Vacation days (minimum of 10 days)
• Sick days (minimum of 10 days)
• Paid holidays
• Defined benefit pension plan (depending on position)
• Restricted stock units (depending on position)
• Deferred compensation plan (depending on position)