Wholesale Corporate Finance and Special Projects

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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:

Manage and lead strategic execution of Truist Financial Corporation’s (and subsidiaries’) profit planning and related year-round activities. Provide support for the Comprehensive Capital Analysis and Review (CCAR), Dodd-Frank Act Stress Testing (DFAST) and related processes. Responsible for supervising, managing and motivating team members on a daily basis.

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.  
1.    Manage and provide leadership to the Corporation’s profit planning process. Key responsibilities related to the profit plan include:
a.    Implement and maintain a seamless profit planning process for end-users to enter data;
b.    Review profit plan or forecast submissions from assigned LOBs and communicate with end-users;
c.    Make value-added profit plan or forecast recommendations as needed to help bridge any gaps;
d.    Compile reports from an LOB and consolidated perspective for presentation to Executive Leadership;
e.    Maintain and update proper controls and documentation covering key processes and reports.

2.    Provide leadership, direction and coaching to profit planning or forecast specialists and to associates throughout footprint.  This includes working with FP&A and LOBs to develop accurate forecasts, profit plans and stress test results, understanding the drivers of business results, and reviewing these results to identify areas of improvement.
3.    Perform variance analysis comparing the profit plan to actual results and prior forecast. Provide insightful variance explanations to Executive Leadership for performance assessment and strategic decision-making.  Compiles, reviews, analyzes, interprets, summarizes and submits timely and accurate monthly reporting related to the Bank’s and LOB’s financial performance and/or regulatory/SEC requirements.
4.    Coordinate profit plans with Corporate Treasury, Controller, and CFO as part of a comprehensive corporate funding and capital management program.  Implement alternative profit planning methods via models and business tools as a way to provide effective challenge to LOBs for their baseline profit plans.
5.    Maintain methodologies for forecasting noninterest income and expense under stressful macroeconomic conditions; lead quarterly forecast sensitivity and range of outcomes analysis; lead elements of the CCAR / DFAST and related stress testing processes, particularly related to the forecasting of noninterest income and expense under baseline and alternative (e.g., stress) scenarios.
6.    Proactively engage with LOB Finance partners to perform centralized LOB FP&A activities, including month-end close and monthly forecast reviews and analysis of results, support the preparation of segment-level disclosures for external reporting (e.g., earnings releases, investor conference presentations, SEC reporting); lead corporate performance management initiatives, such as assessing the financial impact of new products and other corporate initiatives, and determining and tracking investment capacity.
7.    Proactively evaluate each planning and forecasting cycle to identify enhancements to the Corporation’s profit planning process for efficiency and accuracy improvements.  This process includes leading the Truist expense synergy tracking and reporting process related to the MOE.
8.    Develop and lead training programs for profit planning processes and systems.  Develop skills of the profit planning and forecast specialists.  Participate in cross-training with teammates in areas such as FTE analysis, expense allocations, and profit plan changes. 
9.    Work to create a positive team environment with an open communication culture.  Delegate tasks and set deadlines as appropriate.  Listen to team members’ feedback and resolve any issues or conflicts.  Encourage creativity.  Suggest and organize team building activities.
10.    Communicate effectively with all levels of the Corporation.  Significant interaction with the CFO required.

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.
1.    Bachelor’s degree in Business or Finance, or equivalent education and related training
2.    Twelve years of experience in financial analysis or corporate budgeting/profit planning/forecasting
3.    Ability to perform and lead financial modeling and analysis related to Truist income statement and balance sheet accounts, lines of business, and Executive Leadership roll-ups 
4.    Five years of financial institution work experience as a team leader or supervisor
5.    Vision and drive to evaluate processes for efficiency and effectiveness and continuously improve
6.    Demonstrated ability to be flexible and adaptive in a fast-paced and dynamic work environment
7.    Strong interpersonal and communication (verbal and written) skills
8.    Demonstrated proficiency in basic computer applications, including Microsoft Office software products

Preferred Qualifications:
1.    Master’s degree in finance or business administration
2.    Professional designation such as Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA)
3.    Knowledge of financial industry business practices
4.    Financial system experience, such as SAP or Hyperion
5.    Mastery of financial tools, practices, and concepts used by Truist

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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