Regulatory Policy Manager
Charlotte, NC - USA
Job Summary
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Regular or Temporary:
RegularLanguage Fluency: English (Required)
Work Shift:
1st shift (United States of America)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.
Capital and Reporting Policy Leadership
1. Provide well informed guidance on GAAP-consistent regulatory reporting requirements including for recurring and complex or unusual transactions.
2. Serve as an advisor to Regulatory Reporting Controllers and business teams.
3. Interpretate regulatory reporting requirements in a manner that is accurate transparent and operationally sustainable.
Interpretation and Advisory
4. Research the regulatory reporting treatment of complex transactions (e.g. securitizations off-balance sheet exposures Regulation W FR Y-14 FR 2052a).
5. Draft interpretive analyses for new business initiatives and ambiguous rule applications.
6. Respond to inquiries from auditors regulators and internal stakeholders.
Policy Development and Implementation
7. Draft and maintain regulatory reporting policies standards and procedures.
8. Support implementation of new regulatory reporting rules and interpretations.
9. Support the design of internal control frameworks to ensure compliance and mitigate interpretive risk.
Monitoring and Change Management
10. Track regulatory developments from the FRB FDIC FASB and SEC and help ensure changes are monitored communicated and understood.
11. Communicate to other Finance and business leaders the impact these requirements will have on Truists regulatory reporting compliance.
12. Support change management efforts for regulatory reporting rules updates.
Governance and Risk Management
13. Support Enterprise Risk Management in identifying and mitigating regulatory reporting risks.
14. Ensure effective documentation and communication of interpretive changes to downstream reporting groups.
15. Contribute to enterprise change initiatives such as the Basel 3 Endgame implementation.
Collaboration and Industry Engagement
16. Partner with business units and cross-functional teams to complete tasks and delivery high quality work.
17. Analyze and track peer and industry group contacts and status on the consideration of proposed regulatory reporting changes.
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. Bachelors degree in Accounting or Finance.
2. CPA designation.
3. 8 years of experience in regulatory capital accounting policy or regulatory reporting.
4. Strong knowledge of GAAP-based regulatory reporting.
5. Strong leadership analytical and communication skills.
6. High integrity self-motivation and ability to manage multiple priorities.
7. Proficiency in Microsoft Office; financial modeling experience.
Preferred Qualifications
1. Masters degree in Business Accounting or Finance.
2. CMA or CFA designation.
3. Experience with large SEC-registered financial institutions or public accounting firms.
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 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 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 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.
Required Experience:
Manager
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