Truist Financial

Quantitative Asset Specialist

Truist Financial$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Finance, Economics, Business, Mathematics, Statistics, or related field.
  • 1-3 years of relevant experience in financial industry or governance.
  • Strong communication skills; both written and verbal.
  • Critical thinking and strategic planning abilities.
  • Proficient in data analysis tools and applications, such as Excel, Tableau, Python, or Snowflake.
  • Familiar with governance frameworks, model risk management, and analytical reporting.

Responsibilities

  • Execute on regulatory risk and quantitative asset governance requirements.
  • Assist in developing and enhancing quantitative asset risk programs.
  • Serve as a subject matter expert for quantitative asset management programs.
  • Identify opportunities for efficiency within the quantitative asset management framework.
  • Monitor compliance with quantitative asset risk programs and develop metrics.
  • Design and automate analytical reporting for monitoring asset programs.
  • Act as a liaison between first and second line risk partners.

Benefits

  • Medical, dental, vision, and life insurance.
  • Disability and accidental death and dismemberment coverage.
  • Tax-preferred savings accounts and 401k plan.
  • Minimum of 10 days of vacation and 10 sick days annually.
  • Paid holidays and potential access to a defined benefit pension plan.
Full Job Description
JOB SUMMARY The Quantitative Asset Management team is responsible for enabling and supporting the Bank on the identification and proactive risk management of quantitative assets. This is a 1LoD enablement function, supporting the enterprise in compliance with 2LoD requirements. Quantitative Assets include models and End User Computing Tools (EUCs). This teammate will partner cross- functionally to execute effective, efficient, and proactive compliance with Truist’s risk management requirements, including identification of Quantitative Assets and the ongoing risk management of those assets. 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. Execute on regulatory risk, external events and quantitative asset (QA) governance requirements including QA identification, governance, controls execution and testing/monitoring in support of assigned business units.  2. Assist with the establishment and maturation of the firm’s quantitative asset risk programs (including quantitative asset management) to meet with regulatory expectations. 3. Serve as a subject matter expert for quantitative asset management programs, providing effective challenge as necessary to first line design, updates, & changes.   4. Identify efficiency and other enhancement opportunities within the model, QAM, and EUC framework, process, and application for the coverage area; designing and working with key stakeholders to implement. 5. Monitor adherence of business partners to QAM risk programs including developing KRI/KPI metrics; sharing best practices with 1LOD partners & leaders. 6. Design, establish, automate, and own analytical reporting to be used in monitoring and reporting on quantitative asset programs, as well as for regulatory, TAS and 1st line presentations. 7. Act as a liaison between the first line teammates and second line risk program owners/risk partners. 8. Establish working relationships with 1st and 2nd line risk partners 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 Finance, Economics, Business, Mathematics, Statistics or other business or risk management related areas. 2. One to three years (1-3) of relevant experience in the financial industry or equivalent governance field including experience in data science/analytics, model and /or EUC risk management, and/or governance, framework, and controls design and testing, etc.   3. Strong communication skills, both written and verbal. Ability to manage competing organizational priorities effectively.  4. Ability to think critically and strategically, multi-task, and drive change. Strong work ethic & problem-solving skills. 5. Strong quantitative, governance, and analytic abilities. Able to design, generate, execute, and effectively challenge analytical reporting using data science or BI applications such as Excel, Tableau, Python, or Snowflake. 6. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products Preferred Qualifications: 1. Experience across large financial institutions and consulting firms a plus.  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

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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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