Governance & Controls – Senior Risk Advisor I – Wealth Fiduciary

Governance & Controls – Senior Risk Advisor I – Wealth Fiduciary

Requirements

• Bachelor’s degree in Accounting, Business, Finance or related field, or equivalent education and related training.
• Eight plus years of experience in a financial institution with emphasis on risk management or equivalent work experience and training, and/or equivalent education, training and experience.
• Strong knowledge of SOX and other industry-related regulatory requirements.
• Strong knowledge of operational and other non-financial risks.
• Ability to assess levels of adherence/execution and identify risk/control improvement opportunities in risk management principles/controls, broad based business practices, and Business Unit activities/processes.
• Strong written and verbal skills.
• Solid problem solving skills in complex environments.
• Excellent time management and organizational skills with the ability to operate without close supervision; Capable of handling multiple projects concurrently.
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.
• Ability to travel, occasionally overnight.

Responsibilities

• Provide risk advice and serve as risk Subject Matter Expert (SME) to assigned Business Units, primarily Wealth Fiduciary (personal trust), Institutional Investment Management, and Corporate Trust & Escrow Services, across all risk types to promote and strengthen compliance with applicable regulations, policies, procedures and risk program requirements.
• Partner with first and second line defense teammates across assigned business areas in identifying, escalating and in remediating risk control gaps to ensure compliance with Enterprise Risk Management programs and policy.
• Assess, test and effectively challenge the assigned Business Unit to aide in the evaluations and self-identification of risk control weaknesses. Assist with evaluation and assessment of the remediation efforts to confirm adequate resolution.
• Aggregate, report and communicate risk results to inform teammate stakeholders of the existing risk environment and escalate material concerns to Business Unit leaders and committees.
• Monitor & report on emerging risks potentially impactful to Business Unit partners and Truist. Implement processes and record retention routines necessary to ensure Business Unit compliance with enterprise risk monitoring requirements.
• Oversee risk appetite and business risk strategy ensuring adherence to defined limits. Effort includes risk identification, risk acceptance and risk prioritization of current and emerging risks.
• Understand Business Unit goals, provide risk management expertise in strategic projects and seek engagement from appropriate Subject Matter Experts (SME’s) and BURM peers for guidance and input.
• Manage, update, monitor and track controls, including those aligned to SOX and regulatory requirements.
• Foster a spirit of continuous improvement and offer recommendations to refine and/or enhance Business Unit and BURM processes as necessary.
• Other activities and special projects, as deemed required.

Preferred Qualifications

• Master’s degree in Finance or Business, or equivalent education and related training
• Experience in trust administration, investment management, corporate trust and other related functions
• 12 years of banking or relevant experience
• Audit experience
• Strong knowledge in field of assigned business unit(s)