Business Unit Risk Advisor II

Employment type:

Regular

Language Fluency:
English (Required)

Work Shift:

1st shift (United States of America)

The Business Unit Risk Advisor II role, advising the retail broker dealer business, engages with Business Unit leadership in its management of risks and controls as well as its execution of risk program requirements. The role provides strategic insight, risk advice, and influence to the assigned Business Unit. It concurs with material risk taking by the Business Unit, escalates unacceptable risks, aggregates, integrates, correlates, and reports risks, and presents risk aggregation, key risks, and emerging risks to senior Business Unit Leadership.

The advisor identifies and opines on remediation to address weaknesses related to inadequate or failed processes, people, and systems, or external events and ensures effective remediation.

• Provide strategic and tactical effective challenge for all risks present within the Business Unit (BU). Concur with key risk decisions and elevate unacceptable or key emerging risks to BU CRO and/or Business Unit Risk Committee.
• Guide risk‑taking behavior. Provide counsel and advice to BU and senior BU leaders.
• Monitor risk exposures, concentrations and limits. Ensure risk levels stay within risk appetite.
• Opine on new or revised risk program requirements to confirm they are consistent with the Bank’s risk appetite, regulator expectations and industry standard.
• Identify areas of opportunity to improve risk visibility within BU; develop and implement a plan to transform opportunity into new processes and activities.
• Assist in the development and opine on Risk Appetite Framework metrics and Key Risk Indicators within the BU as well as those defined by the BU for implementation across Truist (where applicable).
• Advocate the Bank’s risk culture, compliance with enterprise risk initiatives and promote sound risk management practices.
• Provide connectivity between the output of risk programs as appropriate. Coordinate with stakeholders to resolve highly complex or challenging issues.
• Advise on the effectiveness of BU risk and control environment.
• Provide direction and guidance in the development of controls and governance mechanisms within the BU.
• Execute, facilitate and monitor risk governance mechanisms, including but not limited to, Compliance Risk and Control Self‑Assessment (C‑RCSA), Risk and Control Self‑Assessment (RCSA), key risk indicators, policies, risk committees and other elements of the Enterprise Risk Framework.
• Monitor issues (all types) assigned to BU, as well as those that have downstream or upstream impact to the BU and ensure appropriate remediation.
• In conjunction with Compliance Risk Management and Legal, monitor BU adherence to applicable policies, laws and regulations.
• Communicate to BU senior leadership, regulators and Executive Committees key activities, trends, and events pertaining to risk, regulatory and audit reviews. Continue to promote various risk initiatives and their supporting metrics.

• Bachelor’s degree in Accounting, Business, Finance or related field, or equivalent education and related training.
• 8+ years of experience in a financial institution with emphasis on risk management, audit, operations, process engineering or line of business specialty and/or equivalent education, training and experience.
• Experience in compliance and operational risk mitigation and remediation.
• Strong communication, interpersonal, presentation and negotiation skills.
• Proven leadership and management skills.
• Strong analytical, problem solving and decision‑making skills in complex environments and with senior leadership.
• Strong time management and organizational skills adaptable to a dynamic and complex work environment; capable of handling multiple projects concurrently.
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.
• Ability to travel, occasionally overnight.

All regular teammates (not temporary or contingent workers) working 20…