Truist Financial

Regulatory Capital Interpretations Office (Manager / Associate Director)

Truist Financial$110K — $130K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or Finance.
  • CPA designation required.
  • 8 years of experience in regulatory capital, accounting policy, or regulatory reporting.
  • Strong knowledge of U.S. Basel 3 capital rules and GAAP-based regulatory reporting.
  • Demonstrates strong leadership, analytical, and communication skills.
  • High integrity and self-motivation, managing multiple priorities effectively.
  • Proficient in Microsoft Office with financial modeling experience.

Responsibilities

  • Provide expert guidance on Basel 3 capital adequacy and regulatory reporting requirements.
  • Serve as a trusted advisor to internal teams on regulatory matters.
  • Ensure accuracy and sustainability of regulatory interpretations and policies.
  • Research and interpret complex financial transactions relevant to regulatory compliance.
  • Draft and review analyses for new business initiatives and rule applications.
  • Respond to inquiries from auditors, regulators, and stakeholders.
  • Draft and maintain regulatory capital and reporting policies and procedures.

Benefits

  • Medical, dental, and vision insurance.
  • Life insurance and disability coverage.
  • Tax-preferred savings accounts and a 401k plan.
  • At least 10 days of vacation and 10 sick days annually.
  • Paid holidays and potential eligibility for a pension plan.
  • Access to restricted stock units and deferred compensation plans.
Full Job Description
Serve as a subject matter expert on regulatory capital and reporting policy. This role is responsible for interpreting, implementing, and advising on Basel III capital adequacy requirements and GAAP-based regulatory reporting rules (e.g., Call Report, FR Y-9C). The position supports compliance with evolving regulatory frameworks, internal control programs (SOX, FDICIA), and provides guidance to leaders across Finance, Risk, and Business Units. At more advanced levels, the role serves as an enterprise-wide advisor, influences regulatory policy interpretations, represents the company in industry forums, and helps shape strategic responses to evolving regulatory requirements. 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. Capital and Reporting Policy Leadership 1. Provide expert guidance on Basel 3 capital adequacy and GAAP-consistent regulatory reporting requirements, including for recurring and complex or unusual transactions. 2. Serve as a trusted advisor to Regulatory Reporting, Controllers and business teams. 3. Ensure the interpretations and policies that impact risk-weighted assets (RWA), regulatory capital, and financial regulatory reports are accurate, transparent, and operationally sustainable. Interpretation and Advisory 4. Research and interpret complex transactions (e.g., securitizations, off-balance sheet exposures). 5. Draft and review interpretive analyses for new business initiatives and ambiguous rule applications. 6. Respond to inquiries from auditors, regulators, and internal stakeholders. Policy Development and Implementation 7. Draft and maintain regulatory capital and reporting policies, standards, and procedures. 8. Support implementation of new regulatory capital and reporting rules and interpretations. 9. Support the design of internal control frameworks to ensure compliance and mitigate interpretive risk. Monitoring and Change Management 10. Track regulatory developments from the FRB and FDIC, and help ensure changes are monitored, communicated and understood. 11. Communicate to other Finance and business leaders the impact these requirements will have on Truist's regulatory reporting and capital compliance. 12. Support change management efforts for regulatory capital and reporting rules updates. Governance and Risk Management 13. Support Enterprise Risk Management in identifying and mitigating regulatory capital and reporting risks. 14. Ensure effective documentation and communication of interpretive changes to downstream reporting groups. 15. Contribute to enterprise change initiatives such as the Basel 3 Endgame implementation. Collaboration and Industry Engagement 16. Partner with business units and cross-functional teams to complete tasks and delivery high quality work. 17. Represent the firm in industry forums and regulatory discussions, using industry contacts to assess regulatory reporting interpretive approaches and change status. 18. Collaborate with internal Legal to comment on proposed new regulatory capital or reporting rulemaking, including through relevant industry associations. 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 Accounting or Finance. 2. CPA designation. 3. 8 years of experience in regulatory capital, accounting policy, or regulatory reporting. 4. Strong knowledge of U.S. Basel 3 capital rules and GAAP-based regulatory reporting. 5. Strong leadership, analytical, and communication skills. 6. High integrity, self-motivation, and ability to manage multiple priorities. 7. Proficiency in Microsoft Office; financial modeling experience. Preferred Qualifications: 1. Master's degree in Business, Accounting, Finance, or a related field. 2. CPA, CMA, or CFA designation. 3. Experience with large, SEC-registered financial institutions, bank holding companies, or public accounting firms. 4. Experience interpreting and implementing U.S. Basel III capital rules and GAAP-based regulatory reporting requirements. 5. Experience engaging with regulators, external auditors, industry associations, or regulatory working groups. 6. Demonstrated ability to lead complex regulatory change initiatives, including implementation of new capital, reporting, or governance requirements. 7. Experience drafting and maintaining regulatory capital, accounting policy, or regulatory reporting interpretations, policies, and procedures. 8. Experience partnering with Legal, Risk, Regulatory Reporting, and Finance leadership on complex transactions, new business initiatives, and regulatory matters. 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.

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50,283 employees
Market Cap
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