Senior Capital Markets Risk Officer

Regular or Temporary:
Regular Language Fluency:
English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

As a senior member of the Market & Liquidity Risk Management (MRLM) team within the Risk Management Organization (RMO), provide senior management with independent quantitative and qualitative assessments that strengthen valuation governance, market risk oversight and enterprise decision‑making. This role provides leadership and active participation in governance committees across Trading Market Risk, Counter party Credit Risk, Profit and Loss (P&L) attribution and Independent Price Verification (IPV), while promoting Truist’s compliance with Board‑stated risk appetite, regulatory standards and industry best practices across securities and derivatives portfolios within Corporate and Investment Banking (CIB), Corporate Treasury and Mortgage.

• Support the company's strategic direction for Independent Price Verification (IPV) and Profit and Loss (P&L) attribution.
• Ensure that IPV practices are in line with industry best practices, regulatory mandates and the established risk appetite.
• Supports the development of the department's effectiveness as an independent risk management function and ensures that the respective lines of business and functional areas align with the team's oversight framework.
• Maintain product control and valuation oversight for trading and banking book activities which incorporate ongoing quantitative and qualitative risk assessments.
• Partner with ongoing compliance efforts for regulatory requirements/guidance.
• Responsible for ensuring compliance with regulatory rules (Basel III, Market Risk Rule, FRTB, Volcker Rule, Swap Dealer Rule Initial Margin, SCCL, etc.) and guidelines pertaining to market, liquidity and credit risks.
• Directly and indirectly liaise with senior internal and external staff in relation to regulatory matters.
• Key members of the MRLM team in measuring, monitoring, and analyzing the organization's market risk exposure using P&L/Risk attribution, stress testing, and scenario analysis.
• Oversee daily market risk limit and exception reporting while ensuring the appropriate levels of awareness and communication within the organization.
• Utilize strong quantitative, financial and statistical experience to develop and maintain the framework (systems, models, processes, limits, policies and procedures) used for calculating and reporting daily risk levels (Value-at-Risk 'VaR', Greeks, stress tests, Potential Future Exposure 'PFE', Credit Valuation Adjustment 'CVA', etc.) using complex quantitative risk models.
• Provide analytical direction, expertise, advice as well as management support to the various Truist trading teams.
• Work seamlessly with other teams across the MLRM department on inter-dependent issues such as IPV and valuation/hedging analyses.
• Also liaise with business and control partners including operations, collateral management, marketing/sales, trading, quantitative research, model development, internal/external audit, legal and compliance.
• Represent the MRLM control discipline across various senior or executive level committees, working groups and strategic initiatives and/or projects.
• Formulate strategies, policies and procedures while proactively overseeing consistent application, implementation, monitoring and reporting to senior management as well as partnering and/or leading ongoing compliance efforts with regulatory requirements including interaction with multiple banking supervisory agencies.

• Bachelor's degree, equivalent education, and related training.
• 7‑10 years in positions that carry increasing levels of responsibility in major financial institutions, financial services consulting, and/or regulatory agencies with a focus on IPV.
• Strong interpersonal and communication skills, applicable at all levels across the business.
• Ability to understand and communicate complex products, strategies and risk issues in succinct and easily understandable terminology.
• Deep, hands‑on product knowledge across fixed income, derivatives including rates,…