Business Financial Performance, Sr Manager

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Regular or Temporary :

Regular

Language Fluency : English (Required)

Work Shift :

1st shift (United States of America)

Please review the following job description :

As part of the enterprise Client Profitability Methodologies team, this role brings a strategic finance, FP&A and financial risk management mindset to bear on critical enterprise-wide financial methodologies and frameworks to drive shareholder value across the entire organization.

This role reports to the Head of Client Profitability Methodologies and is responsible to support the development, deployment, maintenance and evolution of enterprise standards around Client Profitability inclusive of non-financial (e.

g., revenue, cost allocation) and financial (e.g., credit losses, equity allocations, hurdles, FTP) measurements.

This candidate will work closely with Risk, Finance and Treasury stakeholders to identify, coordinate, evolve and ensure consistency across financial methodologies for management reporting and client-centric financial decisioning frameworks.

The incumbent will operate in a highly collaborative environment of seasoned professionals with significant exposure to Business Unit and other organizational leaders across all lines of business.

The team structure will require a flexible predisposition to alternate between financial and non-financial standards based on shifting priorities but will enable the ideal candidate to expand and deepen their understanding of traditional financial concepts, advanced financial modeling and regulatory prudential frameworks.

Other responsibilities may include leading working group routines / governance, development of DCF modeling and / or coding for testing various methodology standards and ensuring proper handoff to stakeholders and integration teams.

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.

• Partners with the Head of Profitability Methodologies, other COE teams and broader organizational stakeholders in elaborating, testing, analyzing, advancing and / or maintaining one or more financial methodology standards under their coverage.
• Provides on-going research, testing, industry benchmarking and continuous communication with the lines of business regarding upcoming changes and pro-forma impacts, as needed.
• Works with the Head of Profitability Methodologies to execute against the team's stated Roadmap towards best in-class financial methodologies and proposed financial management target-state systems, including financial resource allocation targets across Lines of Business and other strategic initiatives as needed
• Coordinates and communicates with key stakeholders across Risk, FP&A, Corporate Treasury and Model Risk to stay abreast of regulatory, accounting or modeling changes that may have broad enterprise implications and provides independent perspective on Client Profitability implications to internal COE partners and Line of Business stakeholders as needed.
• Leads governance and / or working group routines as the SME of enterprise methodologies for specific standards, adopting considerations and concerns by stakeholders.
• Demonstrates strategic thinking, collaborative demeanor, proactive behavior and maintains stakeholders on-topic to drive decisioning.
• Gathers data and performs analysis to properly test and validate proposals, understand and summarize Business Unit and segment-level implications and communicates effectively with stakeholders.
• Develops and updates documentation around financial methodologies and frameworks, and on-boards new stakeholders as needed.
• Prepares executive documents or recurring presentations for established routines or for inclusion in external ones as needed to include design, considerations, implications, key findings and recommendations.

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.

• Seven to ten years of financial services, banking, and / or management consulting trajectory, or a combination thereof, with direct experience in FP&A, Treasury or Financial Risk Management roles.
• Proven understanding of banking and / or trading book products and valuation considerations (e.g., exposures, collateral, discounting).
• Demonstrated experience in one or more key topical non-financial (e.g., product or client-level cost allocation, cost taxonomies, time studies) or financial (e.

g., expected loss models, regulatory / economic capital, FTP) measurement systems and basic understanding of financial performance management theory and practice (e.g., RAROC, EVA).

Knowledge of theoretical and practical accounting and finance concepts and techniques (cash flow models, loan pricing, cost analysis, etc.

including the ability to perform the mathematical calculations, develop models, tools and methods to replicate financial mathematics of various financial instruments.

Working knowledge of one or more Basel frameworks (e.g., RWA, TLAC, LCR, NSFR) and implications for enterprise-wide and instrument-level financial resource management considerations.

Preferred Qualifications :

Master's degree in business, mathematics, finance, or other quantitative field and / or completion, or demonstrated progress toward, a relevant certification (e.

g., CFA, CPA, FRM, CTP).

• Proven ability and experience navigating complex negotiations and zero-sum situations.
• Previous experience in a review and challenge role.
• Previous experience presenting in formal forums (e.g., ALCO, Risk committees) and / or driving formal routines with senior stakeholders.
• Experience with wholesale or retail credit facilities in a credit, pricing or finance role helpful but not mandated.
• Mastery of Excel programming, formulas, and advanced data tools (VBA experience is a plus).
• Understanding and basic experience implementing ad hoc scripts with python, R, JavaScript or similar 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 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.

Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law.

Truist is a Drug Free Workplace.

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