Director, PPNR and Balance Sheet Model Development I
TruistAbout the role
The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.
If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).
Regular or Temporary:
RegularLanguage Fluency: English (Required)
Work Shift:
1st shift (United States of America)Please review the following job description:
JOB SUMMARYThe position is for the leader of the PPNR and Balance Sheet Model Development team within Truist's Financial Management Quantitative Analytics department. Financial Management Quantitative Analytics is responsible for the development and documentation of models supporting capital stress testing, asset and liability management, NII forecasting, EVE, and other corporate initiatives. The incumbent serves in a leadership role supporting end-to-end execution of analytics projects, including model development, documentation and deployment. Quantitative analytics projects may include, but not be limited to, development of income and expense forecasting, deposit behavioral, new volume, spread, and portfolio management models.
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. Responsible for the PPNR and Balance sheet area of excellence within Financial Management Quantitative Analytics. The incumbent is accountable for their respective area of excellence including active engagement in CCAR, internal stress testing, capital planning, NII forecasting, ALM, EVE, and those associated models and qualitative methodologies. The incumbent ensures models and end-to-end processes are efficient, effective, and meeting internal and external expectations. The incumbent develops relationships and works closely with Model Risk Management, Internal and External Audit, and Regulators to ensure favorable assurance outcomes.
2. Contribute to a positive and highly engaged team by championing a positive working environment through relationship development with peers, direct reports, and leadership - proactively seek guidance, clarification, and feedback.
3. Manage a team of highly skilled quantitative problem solvers, helping to solve complex business problems from strategy to execution as well as coaching teammates and encouraging them to take ownership of their development.
4. Act to resolve issues which prevent effective team working, even during times of change and uncertainty.
5. Address sub-standard work or work that does not meet Truist's or internal client expectations
6. Recruit and assist in the retention- through contribution to a positive and highly engaged team of quantitative talent.
7. Develop relationships and connect models and other quantitative methodologies to business partners and subject matter experts.
8. Leverage multiple sources of information including broader stakeholder views to develop solutions and recommendations.
9. Translate quantitative complexities into business language to ensure the business partners and senior management understands how the models work including key strengths, limitations, and assumptions to enable robust challenge and appropriate controls.
10. Analyze complex ideas or proposals and build a range of meaningful recommendations.
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. 7+ years' experience in financial services industry with focus on model development and quantitative analytics.
2. Master's degree in Statistics, Econometrics, Actuarial Science, Applied Mathematics, Operations Research
Apply for this role
Generate a tailored application kit with a matched cover letter, interview prep, and CV highlights — in under 60 seconds.
Apply Now →Generate Application KitFree account required — sign up in 30s
Similar roles
Associate Director, Submissions Content Source Management Business Operations Lead (Hybrid role - onsite 3 days per week required)
MSD
$199,100/yr
Director, Product Integration and Partner Management, Apparel Innovation
Nike
Director, Compliance & Risk Operations
Novartis
$312,000/yr