Truist Financial

President of Truist Foundation

Truist Financial$150K — $200K *
Education, Government & Non-Profit
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree with 12 years of experience or equivalent education and training
  • Strong background in nonprofit philanthropy and volunteer activities
  • Demonstrated financial stewardship including budget management skills
  • Proficient in data analysis and impact reporting
  • Exceptional organizational and communication skills
  • Ability to lead and inspire teams and stakeholders
  • Experience in fundraising strategies specific to the nonprofit sector

Responsibilities

  • Oversee Foundation governance and regulatory compliance as senior executive
  • Manage grant operations from sourcing through closeout
  • Implement data-driven impact measurement frameworks for philanthropic activities
  • Direct audits, risk assessments, and governance controls
  • Build strategic community partnerships focusing on educational and economic mobility
  • Communicate Foundation impact to diverse stakeholders clearly and transparently
  • Champion continuous improvement in grantmaking processes and reporting metrics

Benefits

  • Comprehensive medical, dental, and vision insurance
  • 401k plan and tax-preferred savings accounts
  • Generous paid time off including vacation and sick days
  • Paid holidays
  • Potential eligibility for pension plan and stock units or deferred compensation
Full Job Description
The President of the Foundation provides strategic leadership, governance oversight, and operational stewardship for the Foundation. The role is responsible for ensuring effective board governance, sound risk management, compliant grantmaking operations, measurable philanthropic impact, transparent reporting, and implementing strategy for the Truist Foundation by focusing on philanthropic opportunities in the communities and institutions we serve (e.g., community based organizations and nonprofits). The President serves as the primary liaison to the Board of Directors and executive leadership while advancing the Foundation's mission through responsible investment of philanthropic resources and data-driven decision making. Promotes strong community partnerships in the areas of education, leadership, economic mobility and needs based assessment of communities with a focus on financial pillars that support the mission of Truist. 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. Foundation Governance & Risk Management • Serve as the senior executive accountable for Foundation governance and regulatory compliance. • Oversee Foundation bylaws, Level I and Level II policy management, and governance frameworks. • Lead Board of Directors administration, including agenda planning, materials, reporting, and governance actions. • Manage audit findings, remediation plans, and ongoing governance controls. • Develop and maintain the Foundation's risk framework, ensuring proactive risk identification and mitigation. • Serve as the primary partner for TPRM, OCAA Risk, Legal, Compliance, and Audit functions. • Oversee Foundation vendor governance and third-party risk management. • Ensure timely management of Foundation inquiries, correspondence, and stakeholder communications through centralized channels. Grants Administration & Operations • Provide executive oversight of the full grant lifecycle, from sourcing and evaluation through approval, monitoring, and closeout. • Direct administration and optimization of the Benevity platform and related grantmaking technologies. • Champion the use of AI-enabled sourcing and review capabilities to improve efficiency, consistency, and reach. • Establish governance and quality controls for grant application review and decision-making processes. • Oversee delegation-of-authority frameworks and approval processes. • Ensure grantee compliance, due diligence, reporting adherence, and stewardship. • Build operational excellence through continuous process improvement and team capability development. • Lead ongoing training and knowledge management to ensure consistent application of grantmaking standards and procedures. Impact Measurement & Reporting • Define and implement enterprise impact measurement frameworks aligned to strategic funding priorities. • Oversee collection, analysis, and reporting of grantee outcomes and performance metrics. • Lead philanthropic ROI analysis and evidence-based assessment of Foundation investments. • Translate quantitative and qualitative outcomes into compelling impact narratives and stories. • Deliver board-ready reporting on grants, portfolio performance, strategic initiatives, and community outcomes. • Establish dashboards and analytics that support executive decision making and continuous improvement. • Communicate Foundation impact to internal and external stakeholders in a clear, transparent, and measurable manner. Leadership Expectations • Demonstrates exceptional governance, fiduciary stewardship, and ethical leadership. • Balances mission impact with operational discipline and accountability. • Builds strong relationships with board members, nonprofit partners, regulators, and executive leaders. • Uses data, analytics, and insights to shape philanthropic investment decisions. • Drives innovation while maintaining rigorous compliance and risk standards. • Champions a culture of continuous improvement, learning, and measurable community impact 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. Bachelors degree and twelve years of experience, or equivalent education and related training or experience 2. Track record of non-profit involvement with philanthropy and volunteerism; has logged significant volunteer hours; previous service on non-profit board(s) 3. Transparent and high integrity leadership 4. Solid, hands-on, budget management skills, including budget preparation, analysis, decision-making and reporting 5. Strong data analytics and impact reporting skills 6. Strong organizational abilities including planning, delegating, program development and task facilitation 7. Strong public speaking ability 8. Ability to convey a vision of Truists Purpose and strategic future to staff, board and volunteers 9. Knowledge of fundraising strategies and donor relations unique to nonprofit sector 10. Skills to collaborate with and motivate board members and other volunteers 11. Demonstrated executive presence 12. Strong written and verbal communication skills 13. Ability to interface and engage diverse volunteer and donor groups 14. Demonstrated ability to oversee, collaborate and inspire staff Preferred Qualifications: 1. Master's degree in Business Administration, Organizational Psychology, Human Resources, Public Policy, Communications, or related discipline. 2. Experience leading corporate philanthropy, foundations, purpose, inclusion, or community impact functions within a large financial institution. 3. Experience presenting to Boards of Directors and executive committees. 4. Strong understanding of community development, financial inclusion, and workforce development strategies. 5. Background in organizational transformation, culture modernization, and teammate experience design. 6. Experience leveraging AI and analytics to improve engagement, culture measurement and social impact outcome 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

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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.

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