Wholesale Risk Rating Model Senior Manager

11 Jul 2024
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The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.Need Help? (https://www.brainshark.com/bbandt/careers-site-faq)If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (careers@truist.com?subject=Accommodation%20request)(accommodation requests only; other inquiries won't receive a response).Regular or Temporary:RegularLanguage Fluency: English (Required)Work Shift:1st shift (United States of America)Please review the following job description:Directly and through management of support teammates, provide leadership, strategic direction and tactical process for policy and process related to wholesale risk rating. Coordinate with supporting partners including model development, CCAR, CECL, 1st and 2nd line of defense, executive leadership and assurance providers. Facilitate model development, model performance reviews and prioritization in line with Risk Management Organization (RMO) objectives. Facilitate development of process, training and communications. Serve as model owner for a number of key wholesale credit models. Assist in development of maintenance of Wholesale Risk Policies and Procedures.ESSENTIAL DUTIES AND RESPONSIBILITIESFollowing 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.

Establish and update strategic plans to comply with regulatory and internal requirements

Serve as a liaison between Model Development, business units and other stakeholders on risk rating models

Assist with strategic direction, key objectives, project planning and team management, serving as an initial approver on content prior to final review by the Group Manager

Prepare materials for and leads periodic meetings for various stakeholders/working groups

Serve as owner for a number of key risk rating models, including user support, review, and interpretation of outcomes analysis

Lead the development of process documentation and training materials. Coordinate with training partners to deliver and/or communicate materials

Assist Model Development with "Fit For Use" and segmentation analysis

Provide subject matter expertise on the development of new models (e.g. factor selection and weighting)

Provide leadership for strategic projects as identified by the Chief Credit Officer, Executive Leadership or Manager

Manage ongoing governance and monitoring for wholesale risk rating models, including outcomes analyses and overrides. Partner with the Model Development for scorecard performance analytics

Assist the Wholesale Policy team in development of Wholesale Policies and Procedures as necessary

Develop and retain talent

QUALIFICATIONSRequired 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.

Bachelor's degree in Business, Accounting, Statistics or related field

Twelve years of experience in the commercial banking industry or related work experience

Experience working with commercial risk rating models

Strong knowledge of systems related to wholesale risk ratings

Excellent interpersonal, organizational and facilitation skills

Ability to influence and coalesce a team around an agenda

Understanding of Basel Accord and U.S. regulatory framework with regard to Wholesale ratings

Experience leading large projects involving a wide range of stakeholders included senior leaders and Executive Leadership

Ability to translate technical concepts into business terms

Strong analytical and decision making skills

Demonstrated proficiency in basic computer applications, such as Microsoft Office software product

Preferred Qualifications:

Understanding of basic statistical analysis

Microsoft Project

Familiarity with Truist systems

Basic database experience

Experience writing technical user guides

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 (https://benefits.truist.com/). 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.Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals 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.EEO is the Law (https://www.eeoc.gov/sites/default/files/2022-10/EEOCKnowYourRightsscreenreader1020.pdf)Pay Transparency Nondiscrimination Provision (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp%20EnglishformattedESQA508c.pdf)E-Verify (https://e-verify.uscis.gov/web/media/resourcesContents/E-VerifyParticipationPosterES.pdf)

Full-time
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