Capital Adequacy Senior Consultant
Truist Inc, Charlotte, NC, United States
Job Title
Supports key financial and analytical assessment processes within Truist's capital adequacy process, including financial analysis and forecast aggregation and reporting, scenario development and risk capture analysis, and assessments of models and other tools used for financial projections. This responsibility entails ownership of multiple processes and analyses that are leveraged throughout Truist's capital planning process. 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. Perform comprehensive financial analysis for consolidated- and product-level financial projections under different macroeconomic scenarios; ensure key elements of macroeconomic scenarios are incorporated into forecast results across different forecast workstream areas. Develop and maintain financial management tools for accurate and timely reporting and analysis of stress test results, including presentations for senior and executive management during the review and challenge process as well as summary information included in Truist's Capital Plan. Analyze stress testing results and drivers to assess and inform line of business and product-level performance under different macroeconomic scenarios; engage with business partners to understand key drivers of performance and perform analysis to support results. Support the implementation of a robust sensitivity analysis framework and associated range of outcomes to assess Truist's financial performance and capital adequacy under a range of macroeconomic scenarios. Support stress testing process execution and governance routines, including supporting forecast workstream owners, ensuring accurate and timely aggregation of key financial and governance information, and ensuring all applicable elements of Truist's risk capture framework are incorporated into stress test results. Support the preparation of the FR Y-14A templates and related financial projection aggregation and reporting during stress testing processes; maintain well-controlled reporting processes for analyses that are presented to, and leveraged by, senior management when making capital planning decisions. Support the capital planning process through process enhancement, engagement with cross-functional stakeholders including second- and third-line of defense partners, and assessments of process enhancements aimed at improving Truist's overall capital planning. Support ongoing assessment of Truist's practices relative to regulatory guidelines (e.g., SR 15-18) and other industry practices, and identify and oversee implementation of initiatives to enhance Truist's practices and capabilities. 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. Bachelor's degree in a business-related field or equivalent education and related training Five to seven years of financial management experience Excellent communication/presentation skills with the ability to interact with upper management Demonstrated ability to provide leadership skills; management experience Working knowledge of compliance and regulatory issues for the Corporate Treasury department Ability to assist in the organization and management of projects related to Capital Adequacy initiatives Demonstrated proficiency in basic computer applications, such as Microsoft Office software products Advanced financial analysis skills using Microsoft Excel Financial background with ability to perform financial analysis on a forward-looking (e.g., forecast) basis Proven understanding of, and experience with, capital planning and stress testing High degree of quantitative analysis skills Preferred Qualifications: Proven understanding of, and experience with, FR Y-14A/Q reporting Experience operating in regulated financial services environments with strong control and governance expectations Proficiency in platforms such as SAP BPC, Essbase, OneStream, or similar Enterprise Finance tools Ability to conduct in-depth financial analysis, assess financial systems, and create actionable insights to improve processes 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.
Supports key financial and analytical assessment processes within Truist's capital adequacy process, including financial analysis and forecast aggregation and reporting, scenario development and risk capture analysis, and assessments of models and other tools used for financial projections. This responsibility entails ownership of multiple processes and analyses that are leveraged throughout Truist's capital planning process. 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. Perform comprehensive financial analysis for consolidated- and product-level financial projections under different macroeconomic scenarios; ensure key elements of macroeconomic scenarios are incorporated into forecast results across different forecast workstream areas. Develop and maintain financial management tools for accurate and timely reporting and analysis of stress test results, including presentations for senior and executive management during the review and challenge process as well as summary information included in Truist's Capital Plan. Analyze stress testing results and drivers to assess and inform line of business and product-level performance under different macroeconomic scenarios; engage with business partners to understand key drivers of performance and perform analysis to support results. Support the implementation of a robust sensitivity analysis framework and associated range of outcomes to assess Truist's financial performance and capital adequacy under a range of macroeconomic scenarios. Support stress testing process execution and governance routines, including supporting forecast workstream owners, ensuring accurate and timely aggregation of key financial and governance information, and ensuring all applicable elements of Truist's risk capture framework are incorporated into stress test results. Support the preparation of the FR Y-14A templates and related financial projection aggregation and reporting during stress testing processes; maintain well-controlled reporting processes for analyses that are presented to, and leveraged by, senior management when making capital planning decisions. Support the capital planning process through process enhancement, engagement with cross-functional stakeholders including second- and third-line of defense partners, and assessments of process enhancements aimed at improving Truist's overall capital planning. Support ongoing assessment of Truist's practices relative to regulatory guidelines (e.g., SR 15-18) and other industry practices, and identify and oversee implementation of initiatives to enhance Truist's practices and capabilities. 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. Bachelor's degree in a business-related field or equivalent education and related training Five to seven years of financial management experience Excellent communication/presentation skills with the ability to interact with upper management Demonstrated ability to provide leadership skills; management experience Working knowledge of compliance and regulatory issues for the Corporate Treasury department Ability to assist in the organization and management of projects related to Capital Adequacy initiatives Demonstrated proficiency in basic computer applications, such as Microsoft Office software products Advanced financial analysis skills using Microsoft Excel Financial background with ability to perform financial analysis on a forward-looking (e.g., forecast) basis Proven understanding of, and experience with, capital planning and stress testing High degree of quantitative analysis skills Preferred Qualifications: Proven understanding of, and experience with, FR Y-14A/Q reporting Experience operating in regulated financial services environments with strong control and governance expectations Proficiency in platforms such as SAP BPC, Essbase, OneStream, or similar Enterprise Finance tools Ability to conduct in-depth financial analysis, assess financial systems, and create actionable insights to improve processes 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.