Truist Financial

Data Reporting Officer

Truist Financial$95K — $115K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, Business Administration, Economics, or equivalent
  • 10 years of experience with enterprise databases (Netezza, Oracle, DB2) and report development
  • 10 years of SAS and/or SQL programming experience
  • Proficient in writing and interpreting detailed SAS/SQL statements
  • Proven skills in technical reporting requirements and stakeholder communication
  • Extensive experience in regulatory or SEC and CCAR reporting
  • Advanced skills in Excel and VBA

Responsibilities

  • Guide the planning, development, and implementation of reporting processes and quality checks
  • Ensure adherence to consistency requirements across Regulatory Reporting processes
  • Manage relationships with Treasury and Lines of Business for reporting changes
  • Coordinate with risk management to clarify report requirements and data integrity
  • Develop testing and process controls for report accuracy
  • Track and remediate data quality issues; drive continuous improvement
  • Assist in the thought leadership of process improvements and package preparation
  • Lead the preparation, review, and submission of regulatory reports

Benefits

  • Medical, dental, and vision insurance
  • Life and disability insurance
  • Tax-preferred savings accounts and 401k plan
  • 10 days of vacation and 10 sick days annually
  • Paid holidays
  • Potential eligibility for defined benefit pension, stock units, and deferred compensation plan
Full Job Description
We are seeking a highly experienced Data Reporting Officer with deep wholesale lending and regulatory reporting expertise to oversee FR Y-14Q Schedule H.1 (Corporate Loans) and H.2 (Commercial Real Estate) reporting and drive the successful execution of key regulatory initiatives. This role will partner across Wholesale Banking, Risk, Finance, Data, and Technology to ensure accurate, timely, and compliant regulatory submissions aligned with Federal Reserve requirements. The ideal candidate will possess strong wholesale lending expertise with a deep understanding of commercial and corporate credit products, commercial real estate lending, underwriting practices, risk rating frameworks, collateral and guarantor structures, borrower financial analysis, and credit facility lifecycle management. Experience working with large corporate, middle market, commercial real estate, and specialized lending portfolios is highly desirable. Successful candidates will demonstrate the ability to interpret complex regulatory reporting requirements and translate them into business and data solutions. They will have experience analyzing loan-level data attributes, credit agreement terms, covenant structures, obligor relationships, collateral positions, risk ratings, commitments, utilization, and default classifications to support regulatory reporting and data quality initiatives. The role requires strong analytical and problem-solving skills, the ability to collaborate effectively with credit risk managers, portfolio managers, loan operations, and technology teams, and experience leading regulatory change initiatives affecting wholesale lending portfolios. Knowledge of FR Y-14Q reporting requirements, CCAR processes, commercial credit risk management practices, and wholesale lending data environments is strongly preferred. Essential Duties and Responsibilities: - Lead end-to-end delivery of FR Y-14Q Schedule H.1 (Corporate Loans) and H.2 (Commercial Real Estate) reporting, including quarterly submissions, issue management, and ongoing regulatory change implementation. - Serve as the primary subject matter expert for Y-14Q wholesale lending reporting requirements, including corporate, commercial, commercial real estate, and specialized lending portfolios. - Interpret Federal Reserve reporting instructions and translate regulatory requirements into business, data, and technology solutions. - Define and validate data sourcing, transformations, business rules, and calculation logic supporting H.1 and H.2 reporting, ensuring alignment with reporting instructions and internal credit policies. - Partner with Wholesale Banking, Risk, Finance, Loan Operations, Data Management, and Technology teams to resolve reporting issues and improve data quality. - Lead requirements gathering workshops and stakeholder discussions to support regulatory reporting enhancements, new data requirements, and remediation initiatives. - Perform detailed analysis of large wholesale lending datasets, including loan commitments, utilizations, risk ratings, collateral, guarantor information, borrower financials, covenant data, and default classifications to identify trends, anomalies, and data quality concerns. - Ensure completeness, accuracy, and integrity of reported data through reconciliations, validations, control execution, and root cause analysis activities. - Conduct data lineage reviews to trace reported attributes from source systems through regulatory reporting processes and identify opportunities for control enhancements. - Create and maintain comprehensive business requirements, process flows, reporting specifications, data definitions, control documentation, and regulatory reporting procedures. - Collaborate closely with business units, finance, accounting policy, credit risk, model risk management, internal audit, external auditors, regulators, and examination teams to support reporting accuracy and governance objectives. - Stay current on Federal Reserve guidance, CCAR/Y-14 reporting requirements, wholesale lending regulatory developments, and industry best practices to ensure ongoing compliance. - Identify and implement opportunities to automate processes, improve controls, enhance data governance, and increase operational efficiency across the wholesale regulatory reporting environment. - Support User Acceptance Testing (UAT) strategy, test case development, defect resolution, and implementation validation for system changes impacting Y-14Q H.1 and H.2 reporting. - Provide expertise on commercial credit underwriting, risk rating methodologies, collateral valuation practices, borrower and guarantor relationships, and loan lifecycle events to support accurate regulatory reporting outcomes. - Support governance forums, regulatory exams, and internal reviews by preparing reporting analyses, issue summaries, and responses to stakeholder inquiries regarding wholesale loan reporting. 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 in Accounting, Finance, Business Administration, Economics, or equivalent education and related training. - Ten years of work experience in access enterprise databases (Netezza, Oracle, DB2) and report development. - Ten years of experience in SAS and/or SQL programming. - Demonstrated proficiency in reading, interpreting and writing detailed SAS/SQL statements. - Proven experience writing detailed technical reporting requirements and communicating with developers and business users. - Experience in regulatory or SEC reporting with extensive experience in CCAR reporting. - Experience with SAP, Hyperion Reporting and GL Master Data. - Advanced Excel / VBA skills. - Excellent verbal, written and presentation skills, with the ability to define problems and persuasively present conclusions. - Intelligent, strong and decisive leadership within an organization because of high integrity, intellectual clarity and a passion for excellence. Preferred Qualifications: - Master's degree in Finance, Accounting or Business Administration. - Supervisory experience. 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.

SEARCH TRUIST FINANCIAL JOBS

READ CAREERS BLOG

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

Similar Jobs

More Jobs at Truist Financial

More Finance & Insurance Jobs

Find similar Data Reporting Officer jobs: