Conduct Risk & Incentive Compensation Oversight Director
Conduct Risk & Incentive Compensation Oversight Director
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Job Description
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Regular or Temporary:
RegularLanguage Fluency: English (Required)
Work Shift:
1st shift (United States of America)Please review the following job description:
The Conduct Risk and Incentive Compensation Oversight Director serves as a leader within the Ethics and Conduct function responsible for advancing the firms strategy for incentive compensation governance through the lens of conduct and enterprise risk. This role brings seasoned risk expertise and business fluency to evaluate challenge and influence compensation programs.This role partners directly with executive leadership across the enterprise providing riskinformed guidance and effective challenge on incentive plan performance metrics and reward outcomes. The role promotes a balance of risk and rewards reinforces strong control standards and drives alignment with regulatory expectations enterprise strategy and risk appetite. Operating within the Second Line of Defense (LOD2) this role integrates insight across conductrelated matters including Sales Practices Teammate Concerns and Investigations Code of Ethics operations and Reputational Risk to drive holistic oversight and behavioral accountability.
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. Lead the development and oversight (LOD2) of the firms incentive compensation risk governance program spanning Annual Incentive Plans (AIP) Business Incentive Plans (BIP for revenuegenerating teammates) and LongTerm Incentives (LTI) including executive compensation.
2. Serve as a key advisor to executive leadership Total Rewards on incentive design risk mitigation and performance alignment.
3. Apply risk judgement and effective challenge to ensure incentive plans reflect ethical behavior sustainable outcomes and control environment.
4. Oversee execution and calibration of the Business Incentive Plan Risk Assessment (BIPRA) tool; ensure vertical and horizontal consistency where appropriate in risk evaluation design and mitigation. Maintain the tools alignment to the enterprise risk taxonomy and associated risk assessment policies.
5. Integrate incentive oversight with broader conduct risk efforts including Sales Practices Teammate Concerns and Investigations Code of Ethics operations and Reputational Risk to ensure programmatic alignment and support risk intelligence.
6. Develop governance documents training and communication to drive enterprise awareness and understanding of incentive risk.
7. Manage and mentor a team of risk professionals in alignment with policy expectations to provide independent risk oversight of supporting risk programs.
8. Collaborate with internal stakeholders to build processes utilizing data analytics and emerging technologies to identify assess and monitor conductrelated risk and incentive plan effectiveness.
9. Manage the development of governance and other required reporting to ensure adherence with risk reporting and enterprise committee governance standards.
10. Stay abreast of risk program owner requirements and ensure connectivity to Enterprise Risk Management requirements across all level one risk types.
11. Maintain awareness of industry trends peer and best practices and evolving regulatory standards related to incentive governance integrating relevant insights as applicable.
12. Accountable for ensuring timely and effective remediation of assigned selfidentified and audit findings/issues.
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. B.A. B.S. with specialization in Finance Economics Accounting Business Administration or related fields.
2. Ten years of relevant experience in line of business risk management or consulting preferably with large financial services institutions consulting firms and/or regulatory agencies having managed small to mediumsized teams.
3. Experience with formulating and managing programs including risk strategy risk framework and risk appetite.
4. Strong analytical skills with high attention to detail and accuracy.
5. Strong communication and interpersonal skills; ability to influence and consult strategically across a large institution with various levels of leadership/stakeholders including Executive Leadership.
6. Demonstrated success in leadership and change management.
Preferred Qualifications:
1. Advanced Degree or Risk certification program.
2. Prior experience engaging with internal / external auditors and external regulators.
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 offers medical dental vision life insurance disability accidental death and dismemberment taxpreferred 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 fulltime or parttime status) during their first year of employment along with 10 sick days (also prorated) and paid holidays. For more details on Truists generous benefit plans please visit our Benefits site. Depending on the position and division this job may also be eligible for Truists 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 nontemporary position for which you apply based on fulltime or parttime 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.
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Required Experience:
Director
Employment Type
Full-Time
