Truist Financial

Capital Adequacy Senior Consultant

Truist Financial$95K — $115K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a business-related field or equivalent education and training
  • 5-7 years of financial management experience
  • Strong communication and presentation skills, particularly with senior management
  • Demonstrated leadership skills and management experience
  • Knowledge of compliance and regulatory issues in Corporate Treasury
  • Experience with Capital Adequacy initiatives project management
  • Proficiency in Microsoft Office and advanced Excel for financial analysis
  • Understanding of capital planning and stress testing processes

Responsibilities

  • Perform detailed financial analysis for diverse macroeconomic scenarios
  • Develop and maintain financial management tools for accurate stress test reporting
  • Analyze stress testing results to inform performance across business lines
  • Implement sensitivity analysis frameworks for financial performance assessment
  • Support stress testing and governance routines for accurate financial aggregation
  • Prepare FR Y-14A templates for financial projection reporting
  • Enhance capital planning processes through stakeholder engagement and assessments
  • Assess Truist's practices against regulatory guidelines and industry standards

Benefits

  • Medical, dental, and vision insurance
  • Life insurance and disability coverage
  • Tax-preferred savings accounts and a 401k plan
  • Minimum of 10 vacation days and 10 sick days per year
  • Paid holidays and potential eligibility for a pension plan
  • Restricted stock units and deferred compensation options may be available
Full Job Description
Supports key financial and analytical assessment processes within Truist's capital adequacy process, including financial analysis and forecast aggregation and reporting, scenario development and risk capture analysis, and assessments of models and other tools used for financial projections. This responsibility entails ownership of multiple processes and analyses that are leveraged throughout Truist's capital planning process.

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. Perform comprehensive financial analysis for consolidated- and product-level financial projections under different macroeconomic scenarios; ensure key elements of macroeconomic scenarios are incorporated into forecast results across different forecast workstream areas.
2. Develop and maintain financial management tools for accurate and timely reporting and analysis of stress test results, including presentations for senior and executive management during the review and challenge process as well as summary information included in Truist's Capital Plan.
3. Analyze stress testing results and drivers to assess and inform line of business and product-level performance under different macroeconomic scenarios; engage with business partners to understand key drivers of performance and perform analysis to support results.
4. Support the implementation of a robust sensitivity analysis framework and associated range of outcomes to assess Truist's financial performance and capital adequacy under a range of macroeconomic scenarios.
5. Support stress testing process execution and governance routines, including supporting forecast workstream owners, ensuring accurate and timely aggregation of key financial and governance information, and ensuring all applicable elements of Truist's risk capture framework are incorporated into stress test results.
6. Support the preparation of the FR Y-14A templates and related financial projection aggregation and reporting during stress testing processes; maintain well-controlled reporting processes for analyses that are presented to, and leveraged by, senior management when making capital planning decisions.
7. Support the capital planning process through process enhancement, engagement with cross-functional stakeholders including second- and third-line of defense partners, and assessments of process enhancements aimed at improving Truist's overall capital planning.
8. Support ongoing assessment of Truist's practices relative to regulatory guidelines (e.g., SR 15-18) and other industry practices, and identify and oversee implementation of initiatives to enhance Truist's practices and capabilities.

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 a business-related field or equivalent education and related training
2. Five to seven years of financial management experience
3. Excellent communication/presentation skills with the ability to interact with upper management
4. Demonstrated ability to provide leadership skills; management experience
5. Working knowledge of compliance and regulatory issues for the Corporate Treasury department
6. Ability to assist in the organization and management of projects related to Capital Adequacy initiatives
7. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
8. Advanced financial analysis skills using Microsoft Excel
9. Financial background with ability to perform financial analysis on a forward-looking (e.g., forecast) basis
10. Proven understanding of, and experience with, capital planning and stress testing
11. High degree of quantitative analysis skills

Preferred Qualifications:

1. Proven understanding of, and experience with, FR Y-14A/Q reporting
2. Experience operating in regulated financial services environments with strong control and governance expectations
3. Proficiency in platforms such as SAP BPC, Essbase, OneStream, or similar Enterprise Finance tools

4. Ability to conduct in-depth financial analysis, assess financial systems, and create actionable insights to improve processes

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.

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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