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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:

The Operational Loss Risk Execution Officer I is responsible for executing the end-to-end risk management lifecycle for routine to moderately complex internal and external operational loss events across Truist’s business units and corporate functions (e.g., internal process execution errors, data breaches / cyber-attacks, third-party incidents, etc.). This includes centralized loss event identification, assessment of applicability and impacts to the business and assessment, capture and of supporting documentation, and coordination of risk and control evaluation.
This teammate partners directly with Business Unit stakeholders to collect required information, validate event details, and drive timely completion of loss event evaluations. The role ensures adherence to enterprise operational risk management policies and procedures to ensure complete, accurate, and timely delivery of loss event records.

*****Position is office centric 5 days within one of the following office locations: Charlotte, NC, Atlanta, GA, Greensboro, NC, or Raleigh, NC******

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.    Execute and oversee the end-to-end lifecycle for a subset of internal and external loss events, including event monitoring, identification and assessment, capture and documentation, and coordination of risk and control evaluation for material events.
2.    Partner with Business Unit stakeholders to evaluate and confirm event applicability and impacts and collect required loss event information.
3.    Maintain contact matrices and relationships with key partners for their aligned Business Unit(s).
4.    Conduct loss event evaluations using business judgment, in alignment with enterprise procedures, including determining classification, financial impact capture, and causal factor documentation.
5.    Ensure all required data elements are accurately documented and maintained within the system of record (e.g., Archer) in accordance with established SLAs.
6.    Interpret and apply enterprise operational risk management policy requirements and internal ECCO procedures and guidance to assigned operational loss events.
7.    Monitor loss event risk management lifecycle progress, identify data gaps or delays, and follow-up with stakeholders to ensure timely completion.
8.    Assess and escalate issues related to incomplete information, delays, or challenges in the loss event risk management execution lifecycle as appropriate.
9.    Collaborate with second line of defense risk partners to ensure requirements are met for material loss events.
10.    Perform quality reviews to ensure completeness, accuracy, and consistency of loss event records.
11.    Perform quality reviews of loss event records and provide oversight and governance to ensure data integrity, accuracy, completeness, and adherence to established standards.

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 Business, Finance, or related field, or equivalent education and experience.
2.    3+ years of experience in operational risk, issue management, audit, or related risk/control functions.
3.    Strong attention to detail and ability to execute within defined processes and procedures.
4.    Effective organizational, communication, and stakeholder engagement skills.
5.    Ability to manage multiple priorities and meet required timelines.
6.    Basic knowledge of operational risk management concepts, including loss event capture.
7.    Demonstrated proficiency in Microsoft Office applications.

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 is an Equal Opportunity Employer that does not discriminate 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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