Head of Operational Risk Scenario Analysis, CCAR & Loss Events
Listed on 2026-03-06
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Finance & Banking
Risk Manager/Analyst
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Regular or TemporaryRegular
Language Fluency:
English (Required)
1st shift (United States of America)
Please review the following job descriptionThe Head of Operational Risk Scenario Analysis, CCAR & Loss Events is responsible for the design, development, implementation, and ongoing management of critical Operational Risk programs supporting enterprise wide risk identification, monitoring, assessment, management, reporting, and governance. This role oversees the enterprise Scenario Analysis Program, ensuring severe but plausible risk scenarios are identified, assessed, and aligned to Corporate Risk Inventory requirements to support capital planning, stress testing, and strategic decision making.
The role also ensures the Internal & External Loss Events program remains aligned to industry benchmarking and peer loss data practices, enhancing calibration accuracy, emerging risk detection, and the credibility of operational loss estimates used across capital and risk measurement processes. This individual serves as a senior subject matter expert within the Second Line of Defense, providing independent oversight and effective challenge to the First Line and ensuring alignment with regulatory expectations, risk appetite, and industry-leading practices.
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.
Lead the end‑to‑end Operational Risk CCAR process, ensuring coverage of all material risks consistent with SR 15‑19 and alignment with capital planning standards, including loss forecasting, scenario incorporation, model assumptions, and documentation.
Oversee and continuously enhance the enterprise Scenario Analysis (SA) Program in accordance with Truist’s Operational Risk Scenario Analysis Policy, serving as the Second Line Risk Program Owner (RPO) with responsibility for governance, execution standards, and policy adherence monitoring.
Facilitate the systematic collection of expert opinions from business leaders, SMEs, and risk partners—including Legal, Compliance, Fraud, Technology, and Operational Risk—to develop well‑reasoned assessments of severe but plausible operational risk scenarios.
Ensure scenario coverage across Operational, Compliance, Technology, and Financial Crimes Level 1 Risk Types.
Manage the integration of Scenario Analysis outputs into downstream processes, including CCAR, internal and external stress testing exercises, risk appetite assessment, capital adequacy planning, and enterprise‑wide risk measurement routines.
Ensures the Internal & External Loss Events program remains aligned to industry benchmarking and peer loss data practices, enhancing calibration accuracy, emerging‑risk detection, and the credibility of operational loss estimates used across capital and risk measurement processes.
Provide robust Second Line of Defense oversight and effective challenge across Scenario Analysis, CCAR, and Loss Event Management, ensuring first‑line execution aligns with Truist policies, regulatory standards, and forward‑looking risk measurement expectations.
Conduct thematic analysis across scenarios and loss events to identify emerging risks, control weaknesses, and systemic vulnerabilities, providing actionable insights to senior leadership, governance committees, and risk owners.
Coordinate cross‑functional engagement with Finance, Model Risk, Business Units, Compliance, and Technology to ensure consistent risk…
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