GCO Risk Program Execution Team Lead

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Regular or Temporary:

Regular

Language Fluency:  English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

A first line of defense risk professional within the Enterprise Technology Governance and Controls Office (GCO), supporting the Third Party Risk Management (TPRM) program and the Third Party Risk Organization Function (TPROF).

Individual will also, as necessary, support Segregation of Duties (SOD), TPRM exception reviews, business and regulatory change initiatives, third party issues management, and loss events.

Utilizing risk expertise, this individual will support the implementation and execution of third party activities within Technology to ensure alignment with regulatory expectations while balancing demands on capacity to execute program requirements successfully.

Participate in discussions with first and second-line leadership.

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.

• Effectively deliver and monitor Third Party Risk Management activities for ITGCO.

• Execute as part of a team of risk professionals to ensure adherence to operational and enterprise risk management (ORM) and (ERM) programs.

• Provide third party support for enterprise technology, demonstrating subject matter expertise across the assigned business unit.  Provide leadership, monitoring, and governance over third party issues and risks.

• Understanding of cyber risk, data risk, operational risk, and outsourcing risks with third party services. Close engagement and partnership with Technology Cost and Supplier Management team.

• Influence and participate in the development and maturation of the firm’s third party programs to meet with regulatory expectations.

• Serve as a subject matter expert for TPRM, ORM and ERM programs, providing effective challenge as necessary to program updates, changes.  Participate in all applicable working groups and committees for the risk programs.

• Communicate, train, and monitor adherence of business partners and ITGCO teammates for changes in the TPRM risk programs; provide coaching on effective execution, sharing best practices where applicable.

• Act as a conduit between the ITGCO, first line teammates, TPRM, TPROF and second line risk program owners/risk partners.

• Deliver/Influence recommendations for updates to relevant policies and procedures for TPRM risk program execution.

• Establish working relationships with line of business leaders and second line risk partners.

• Understand and identify third party segregation of duties conflicts.

• Escalate and report on third party deficiencies and/or unmitigated risks within Technology.

• Review, challenge, and decision risk tolerances (Risk Acceptances) for Third Party by identifying and engaging the appropriate stakeholders.

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 Business, Finance or science/academic field, or equivalent education and related training or experience.

• Three years of risk management experience in financial services or related field.

• Broad risk and regulatory knowledge with an emphasis on: Credit, Market, Liquidity, Compliance, Operational, Reputation and Strategic Risks.

• Strong leadership and communication skills.

• Ability to think critically and strategically, multi-task, and drive change.

• Strong quantitative, governance, and analytic abilities.

• Ability to provide effective challenge to senior levels of leadership.

• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.

• Ability to travel, occasionally overnight.

Preferred Qualifications:

• Master’s degree in Finance or equivalent science/academic field.

• Third Party Risk Management experience.

• Five years of risk management experience in financial services related field.

• Financial Risk Manager (FRM)/Certified Financial Analyst (CFA) or equivalent advanced risk certification

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. For more details on Truist’s generous benefit plans, please visit our Benefits site. 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. Truist is a Drug Free Workplace.

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