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Senior Finance Officer – Wholesale Deposits & Liquidity

Truist
United Statesfull_timeVerifiedPosted 17 Dec 2024

About the role

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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:

This role serves as the primary finance leader for Wholesale Deposits and Liquidity products, aligned to Wholesale Payments, within the Wholesale Banking Segment of Truist.
In this role, the SFO partners closely with the Head of Wholesale Deposits to report, analyze, price and forecast deposits.
The SFO will partner closely with key stakeholders within Payments, Banking, Wealth and Corporate Treasury to align and deliver Truist’s deposit and liquidity strategy for Wholesale clients.
This role will provide robust management reporting, while advising leaders within Wholesale Payments and Banking on performance within the deposit portfolio, with expert insights related to balance trends, net interest margin, interest expense, rates, beta, FTP, and impacts to LCR / HQLA related to different deposit products.
This position reports to the SFO for Enterprise Payments and will be closely aligned to the broad Payments Finance strategic finance agenda.

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.

  • Collaborates and works across the Finance division to ensure integrity of the financials and ensures sound controls and procedures. 
  • Supports reporting and analysis for additional constituencies, including Board of Directors, Investor Relations, and various regulatory agencies.
  • Senior Financial Manager role that coordinates financial analysis and reporting process workflow within team. 
  • Provide leadership, talent development, and mentoring for team members to improve their own technical expertise; review and approve work of other team members. 
  • Foster a team environment that promotes diversity and inclusion broadly across the organization. Ensure that changes to reporting process workflow and/ or data source are documented and communicated to downstream reporting groups.
  • Identifies and resolves technical, operational, risk management, business, and organizational challenges.  Understands & exemplifies Truist's risk appetite; adheres to both the letter and spirit of applicable corporate policies, procedures, processes, standards and regulatory/compliance requirements.
  • Takes a new perspective on existing solutions to propose innovative solutions. 
  • Establishes long-term solutions for continuous improvement.
  • Prepares and reviews materials to senior leadership summarizing issues and communicating solutions.
  • Lead assigned LOBs through annual planning process, including rationalizing corporate Plan allocated to LOB and adjustments for organizational changes or reinvestments.
  • This includes working closely with Executive Management and LOB Senior Leadership to develop the annual budget.
  • Serve as central coordination point between the Corporate Financial Planning department, Financial Executives and assigned LOBs to implement corporate directives into the financial plans.
  • Work closely with LOB Senior Leadership to ensure their agreement with, and incorporate their directives into, the division's overall financial plan.
  • Serve as the centralized contact point for the assigned LOBs for the Comprehensive Capital Analysis and Review (CCAR) and Stress Test data submissions and provide feedback to the LOBs on the data submitted.
  • Work closely with LOB Senior Leadership to provide financial support and complete other assigned projects, as reque

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Company

Truist

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