Business Unit Risk Advisor II – Consumer Lending Technology

Overview

The Business Unit Risk Advisor II engages with Consumer Lending Technology Business Unit leadership in its management of risks and controls as well as its execution of risk program requirements. Execute, facilitate and/or monitor execution of Risk Program requirements (e.g., RCSA, KRIs, etc.). Provide strategic insight, risk advice and influence to assigned Business Unit. Concur with material risk taking by Consumer Lending Technology and escalate unacceptable risks.

Aggregate, integrate, correlate and report risks for assigned Business Unit. Present risk aggregation, key risks and emerging risks to senior Business Unit Leadership. Identify and opine on remediation to address weaknesses related to inadequate or failed processes, people, and systems, or external events and ensure effective remediation.

Regular or Temporary: Regular

Language Fluency: English (Required)

Work Shift: 1st shift (United States of America)

Please review the following job description: The Business Unit Risk Advisor II engages with Consumer Lending Technology Business Unit leadership in its management of risks and controls as well as its execution of risk program requirements. Execute, facilitate and/or monitor execution of Risk Program requirements (e.g., RCSA, KRIs, etc.). Provide strategic insight, risk advice and influence to assigned Business Unit. Concur with material risk taking by Consumer Lending Technology and escalate unacceptable risks.

Aggregate, integrate, correlate and report risks for assigned Business Unit. Present risk aggregation, key risks and emerging risks to senior Business Unit Leadership. Identify and opine on remediation to address weaknesses related to inadequate or failed processes, people, and systems, or external events and ensure effective remediation.

This role will be full-time, onsite (5 days a week) at Truist core location (NC, GA, VA)

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.

• Provide strategic and tactical effective challenge for all risks present within Consumer Lending Technology. Concur with key risk decisions and escalate unacceptable or key emerging risks to BU CRO and/or Business Unit Risk Committee.
• Guide risk-taking behavior. Provide counsel and advice to Consumer Lending Technology and senior BU leaders within Technology, Data and Operations Consumer & Small Business Banking.
• 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 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 Consumer Lending Technology’s 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, 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 Consumer Lending Technology, 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…