What are the responsibilities and job description for the Public Finance Compliance Officer position at Truist Bank?
Language Fluency: English (Required)
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113Please review the following job description:
Lead the implementation and direct an effective compliance risk management program that sets forth the framework through which the in-scope businesses and functions of Truist Financial Corporation, Truist Bank and their subsidiaries and affiliates shall be overseen to reasonably ensure compliance across activities, products and services.LOCATION:
**Candidate(s) must be located in on of the below location(s) and must be able to go into the office 4 days a week (1 day remote).**
- Charlotte, NC
- Atlanta, GA
- New York, NY
This is not a telecommute/remote role
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. Developing and maintaining a robust Public Finance compliance program, with a focus on compliance with all laws, regulations, and other guidance related to assigned business and operational activities
2. Identifying and mitigating compliance risks proactively and maintaining a strong regulatory relationship with all applicable regulators
3. Developing sufficient internal controls to promote an effective compliance control environment
4. Performing periodic risk assessments of business and operational activities to identify compliance gaps and potential exposure
5. Partnering with business units to remediate compliance findings identified in internal and external examinations and audits
6. Establishing compliance standards and procedures to mitigate compliance risks and improper conduct, ensuring these standards are institutional throughout the business units, and monitoring compliance with such standards
7. Provide reports and summaries of compliance risks for aggregation up to Risk Committees
8. Keep pace of demands of business by anticipating problems, offering appropriate solutions and providing the necessary leadership to implement changes effectively
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, Economics, Finance, or Accounting, or an equivalent combination of education and work experience
2. 12 years of financial industry experience, including compliance/risk management and leadership/managerial experience
3. Substantial broad-based knowledge and experience in applying laws and regulations, designing, managing and overseeing compliance programs and processes and handling regulatory matters
4. Excellent communication and interpersonal skills, as job will require extensive interaction with various business units among multiple disciplines including Senior and Executive Management
5. Ability to communicate and work with various regulatory agencies
6. Attention to detail, accuracy and the ability to manage multiple tasks and deadlines
7. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
8. Strong analytical, organizational and time management skills
9. Ability to conceptualize and assist in building technology into compliance processes in order to gain efficiency and enhance the strength of the Compliance Management System
10. Solid understanding of risk management processes and risk analysis
11. Advanced knowledge of broad-based compliance regulations
Preferred Qualifications:
1. MBA, Juris Doctorate or other advanced degree
2. Ten years of compliance experience at medium to large financial institution
3. Certified Regulatory Compliance Manager (CRCM)
4. Public Finance compliance experience. Strong knowledge of MSRB rules.
**The annual base salary for this position is $200K-220K**
**Additional incentive pay is available for this position**
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.
