Truist Financial

Business Data Analyst III

Truist Financial$80K — $110K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree and 5+ years of related experience
  • Deep knowledge of regulatory reporting processes, particularly CCAR
  • Strong analytics skills, particularly with SAS/SQL
  • Ability to influence stakeholders and drive process improvements
  • Comprehensive understanding of business and organizational strategies

Responsibilities

  • Prepare and submit CCAR Y14 M/Q reports while ensuring compliance
  • Conduct detailed data analysis to identify trends and anomalies
  • Collaborate with cross-functional teams to troubleshoot and enhance systems
  • Maintain documentation for audit readiness and transparency
  • Drive process automation and control improvements

Benefits

  • Medical, dental, and vision insurance
  • Life and disability insurance
  • Tax-preferred savings accounts and a 401k plan
  • At least 10 vacation days and 10 sick days in the first year
  • Paid holidays and possible pension plan contributions
Full Job Description

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

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Regular or Temporary:

Regular

Language Fluency:  English (Required)

English

Work Shift:

1st shift (United States of America)

Please review the following job description:

The Business Data Analyst III – Regulatory Reporting plays a key role in supporting CCAR Y‑14M/Q reporting processes.  This role is responsible for ensuring the accuracy, integrity, and timeliness of regulatory submissions through end-to-end ownership of schedule production within a complex, multi-source data environment.

In addition to strong analytical capabilities, this role emphasizes proactive stakeholder engagement and collaborative problem-solving. The analyst partners closely with Business Units, Risk, Finance, Technology, and Data Governance teams to manage data sourcing, support system conversions, and address regulatory change initiatives. Success in this role requires the ability to actively engage stakeholders, facilitate working sessions, and communicate complex data issues clearly to drive alignment and timely resolution.

The analyst identifies and remediates data quality issues, performs root cause analysis, and drives process improvements and automation. Operating within a strong risk and control framework, the role ensures data lineage, transparency, and audit readiness across reporting processes, while maintaining alignment with regulatory guidance and supervisory expectations.

This position requires a balance of technical expertise and interpersonal effectiveness—someone who is comfortable analyzing large datasets while also leading discussions, walking stakeholders through issues in real time, and influencing outcomes through clear, confident communication. The ideal candidate has experience in regulatory reporting and a strong understanding of mortgage, consumer, and credit card portfolios, along with a proactive, collaborative approach to delivering reliable data and insights that support business and regulatory decision-making.

Areas of focus:

  • CCAR Y14 M&Q Reporting: Prepare and submit CCAR Y14 M/Q reports in accordance with regulatory guidelines.
  • Data Analysis: Conduct thorough data analysis to identify trends, anomalies, and potential issues in the financial data.
  • Documentation: Create and maintain comprehensive documentation of the CCAR Y14 M&Q reporting process
  • Collaboration: Work closely with cross-functional teams, including business units, risk, finance, technology, and governance teams, internal and external auditors and exam groups including bank regulators and internal audit.
  • Regulatory Compliance: Stay current with regulatory changes and updates related to CCAR reporting requirements and ensure the organization's adherence to these regulations.
  • Process Improvement: Identify and implement opportunities to automate, increase efficiency, and improve controls with software and process enhancements.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Develop strong expertise in CCAR processes and FR Y‑14 reporting, ensuring compliance and clearly communicating regulatory impacts to stakeholders.
  • Use SAS/SQL for data research, extraction, and analysis, supporting deep dives into large datasets to identify trends, anomalies, and root causes of data issues.
  • Collaborate with Business, Risk, Technology, and Data teams to support data sourcing, system enhancements, and issue resolution through working sessions and analysis.
  • Maintain comprehensive documentation of data mappings, business rules, and requirements to ensure transparency and audit readiness.
  • Track and manage code changes, data issues, and control findings through governance processes, proactively driving resolution with stakeholders.
  • Apply analytical techniques using SAS/SQL queries and datasets to evaluate complex data challenges and clearly articulate risks and solutions.
  • Analyze and validate data across multiple systems, leveraging query-based investigation (SAS/SQL) to identify discrepancies, perform root cause analysis, and prevent recurrence.
  • Lead smaller initiatives and contribute to broader regulatory efforts, aligning stakeholders and managing timelines, risks, and deliverables.
  • Execute reconciliations between Y‑14 outputs and Y‑9C, partnering with Finance to investigate variances through detailed data analysis.
  • Prepare and present Executive Review materials, highlighting key insights, risks, and actions.
  • Develop and implement Code Change Requests (CCRs), performing impact analysis and partnering with Development team to enhance data processes.
  • Interpret regulatory requirements with Accounting Policy and business partners, translating guidance into actionable reporting solutions.
  • Support development of data quality rules and edit checks, validating logic through data profiling and testing using SAS/SQL.
  • Ensure end-to-end data lineage and traceability, documenting and explaining data flows for audit and regulatory purposes.
  • Manage data issues and remediation efforts, using data-driven investigation techniques to drive accountability and timely resolution.
  • Support regulatory production cycles, ensuring accurate, complete, and timely submissions.

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required.  Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

  • Bachelor's degree and 5+ years of related experience or an equivalent combination of education and experience. 
  • Deep specialized and/or broad knowledge within a professional discipline. 
  • Sound and comprehensive understanding of business and organizational strategies and processes. 
  • Ability to interpret internal and external business challenges and implement best practices to improve products, processes, or services. 
  • Ability to lead projects of significant complexity and risk exposure. 
  • Ability to exercise judgment in solving technical, operational, and organizational challenges in the context of business objectives and priorities. 
  • Sophisticated analytical skills and the ability to solve complex technical and business problems. 
  • Ability to influence others to adopt a new perspective (new automation, new metrics, new tools etc.)  
  • Focus on process automation to improve efficiency. 
  • Knowledge of the industry's competitive landscape and an understanding of the market and regulatory factors that shape the industry.

Preferred Qualifications:

  • Master's degree or MBA and 10 years of related experience.
  • Previous experience in the banking industry.

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 . 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.

About Truist Financial

Truist Financial Careers

Join the dynamic team at Truist Financial, a leader in the financial services sector, and propel your career to new heights. At Truist Financial, we offer more than just job opportunities; we provide a platform for professional growth and innovation in an environment that values diversity and leadership.

Why Truist Financial?

At Truist Financial, we are committed to building a diverse and inclusive workplace where every team member is empowered to contribute their unique skills and perspectives. We believe that our strength lies in our diversity, and we are dedicated to fostering a culture that embraces the differences that make each of us unique.

Explore a World of Opportunities

Whether you're seeking your first internship or a seasoned professional looking to advance your career, Truist Financial offers a range of employment opportunities across various disciplines. Our team is growing, and we are constantly looking for talented individuals who are eager to make an impact.

Innovate and Lead

Join us and be part of a culture of innovation where your ideas can help shape the future of banking. At Truist Financial, you’ll work alongside industry leaders and have access to cutting-edge resources that foster continuous professional development and innovation.

Develop Your Career

Truist Financial is deeply invested in the career progression of our employees. We offer robust training programs, including leadership development and diversity training, to ensure you have the tools needed to succeed. Our commitment to your growth is reflected in our comprehensive benefits package, designed to support you both professionally and personally.

Networking and Professional Development

Enhance your professional network and connect with like-minded colleagues through our various networking events and community engagement initiatives. At Truist Financial, we believe in the power of connections and the impact they can have on your career.

Join Our Team

Ready to take the next step in your career? Explore the current job openings at Truist Financial. We are hiring across multiple departments, looking for passionate, curious, and innovative individuals to join our team. Check out our available positions and find the one that best matches your skills and interests.

Prepare for Your Interview

Make a great first impression. Visit our Careers page for tips on how to craft a compelling resume and succeed in your interview at Truist Financial. We are excited to see how you can contribute to our team and help us drive the future of banking.

Stay Connected

Don’t miss out on future opportunities or insights into our company culture and industry trends. Subscribe to our job alert emails and stay informed about new positions and career tips directly from our professionals. At Truist Financial, we’re not just offering jobs; we’re building careers. Join us and discover how you can make a difference and fuel your future.

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Learn more about Truist Financial
Size
50,283 employees
Market Cap
$56.6 billion
Industry
5 Year Trend
+14.3%
NASDAQ

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