Risk Advisor I

Please note: This role can be based anywhere in the Truist footprint. This role is 3 days onsite and 2 days remote.

Engage with Business Unit 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.) within the assigned areas of a Business Unit. Provide risk advice to effectively management risk within the assigned areas of a Business Unit. The individual will be a member of a team which functions as the designee of the Supervising Principal and performs administrative supervisory functions that are routinely associated with those of a retail broker/dealer and RIA supervising principal in the securities industry. The supervisory functions may focus on the review and acceptance of new accounts introduced to the firm, advisory business including new accounts, money movement, Financial Plans, and communication with the public. Responsible for following regulatory policy as a Registered Principal for the firm.

Please note: This role is hybrid and can be based anywhere within the Truist footprint.

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.

• Thorough review of new accounts and adherence to RegBi regulations and oversight
• Review and approval of money movement and legal documents.
• Partner with field managers to enforce firm and regulatory policies
• Review and approve Financial Plans and correspondence for use with the public
• Perform supervisory task delegated by Principal Managers including oversight of securities related activity of registered bank teammates.
• Report and communicate risk results and escalate material concerns to BURM (Business Unit Risk Management) Leadership.
• Provide risk advice, through engagement with appropriate Subject Matter Experts (SMEs) and BURM peers, to assigned business areas within the Business Unit across all risk types to strengthen control environment (control design, implementation, evaluation, and reporting) and support adherence to applicable regulations, policies, and procedures.
• Identify and remediate control gaps within assigned business areas
• Other activities and special projects, as deemed 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.

• Bachelor’s degree in Accounting, Business, Finance or related field, or equivalent education and related training.
• Three to Six years of experience in a financial or other institution with emphasis on risk management or equivalent work experience and training.
• Understanding of SOX and other industry-related regulatory requirements.
• Knowledge of operational and other non-financial risks.
• Ability and willingness to learn and adapt to change and competing priorities.
• Strong written and verbal skills.
• Uses judgment but close supervision is required for most tasks.
• 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 Business, or equivalent education and related training.
• Six years of banking or relevant experience.
• Audit experience.
• Strong knowledge in field of assigned business unit(s).
• FINRA Series 7, 24, 53, and 66 licenses (Series 9&10 can be used in lieu of 53, Series 63 & 65 can be used in lieu of Series 66).