Head of Financial Markets Expert

1 week ago


Charlotte, North Carolina, United States Truist Financial Corporation Full time

As a key member of the Market and Liquidity Risk Management (MLRM) team within the Risk Management Organization (RMO), you will perform independent quantitative and qualitative assessments of Truist's asset liability management (ALM) and liquidity risk management practices and risk levels.

Through formal and informal interaction with Treasury personnel and the leadership of different risk management initiatives, you will contribute to the maintenance of Truist's compliance with Board-stated risk appetite, regulatory standards, and industry best practices.

You will provide ongoing oversight of the company's ALM risk management activities including balance sheet positions and changes, key risk modeling assumptions, liquidity risk management, funds transfer pricing (FTP), and investment portfolio strategy.

Oversight activities and findings will provide independent assessments of the sufficiency of risk management practices and the levels of risk.

You will assume primary ownership for the development, maintenance, and enhancement of risk monitoring tools and processes utilized to identify and assess ALM and liquidity risks within Truist and across peer institutions.

You will analyze and utilize the information from monitoring activities to escalate issues within MLRM and drive timely, proactive risk identification and analysis.

You will assume a leadership role in the oversight and coordination of policy development, limit calibration and compliance, and the development, calibration and maintenance of a comprehensive Market Risk and Liquidity Risk Appetite Framework.

You will play a critical role in the preparation and documentation of periodic quantitative and qualitative assessments of risk management practices.

You will assist the Senior Treasury Market and Liquidity Group Risk Officer, in some cases as a MRLCC subcommittee secretary, in the development of comprehensive committee content that fulfills Truist's objective of effective management oversight.

You will prepare and present independent analysis to the Committee in support of MLRM's oversight goals.

You will cultivate relationships with peer organizations to ensure that Truist adopts and maintains industry leading risk management practices.

You will play a leading role in developing and drafting the comprehensive annual Interest Rate Risk / Liquidity Risk Oversight report which documents MLRM's ongoing review and assessment of Truist's interest rate and liquidity risk management practices and risk position.

You will remain informed on macroeconomic, geopolitical, industry, and regulatory matters that could impact the company's risks and strategies.

You will support MLRM as needed through strategic leadership of processes and initiatives including ongoing reporting, ad hoc risk assessments, industry engagement, examination/audit preparation and coordination and participation in corporate programs such as risk and control assessments.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Minimum five years of experience (with demonstrated career progression) in financial institution Risk Management, Regulatory Oversight, Corporate Treasury, or Investment Banking.

Expertise in relevant laws, regulations, and supervisory guidance with respect to interest rate risk and ALM.

Demonstrated proficiency in basic computer applications, such as Microsoft Office software products. Strong Excel spreadsheet skills are particularly relevant given responsibilities for maintaining and enhancing risk monitoring tools and processes.

Industry certification such as Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM).

Seven years of experience with large, complex financial institutions in a related field including Risk Management, Regulatory Oversight, Corporate Treasury, or Investment Banking.

Familiarity with regulatory reporting management or ALM management and forecasting applications (e.g. QRM, Oracle).

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.

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.


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