Truist

Director of Real Estate Issues Management

Truist

full-time

Posted on:

Origin:  • 🇺🇸 United States • North Carolina, Virginia

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Job Level

Lead

About the role

  • Engage in risk management activities within REL, proactively identifying existing and emerging risks, evaluating the significance of the risks, and providing support in managing acceptance or mitigation of the identified risks. Work collaboratively with aligned GCO Risk Program to ensure alignment with firm’s risk appetite.
  • Partner with key risk and compliance partners to develop and implement comprehensive risk management plans, aligned to Truist’s risk framework and enterprise programs.
  • Ensure aligned businesses teams within REL operate with adequate adherence and remediation to risk management policies and processes.
  • Lead issues management for REL organization, including identification, assessment, and remediation of regulatory and compliance risks. Develop and implement comprehensive plans to address identified issues, preform root cause analysis, remediation strategies, and ongoing process execution improvements.
  • Support post-event activities with audit, regulators, and other stakeholders, working with GCO to track findings and observations through determination phase for Issue creation.
  • Maintain comprehension of regulatory or governing body rules, business requirements and applicability to REL products, services, and underwriting. Provide training to business partners, maintain oversight of related documentation, understand impact of planned system changes in relation to applicability and recommend risk mitigation measures.
  • Ensure awareness of Enterprise Issues Management policy and procedures and educate process owners throughout the REL organization to assist in compliance with Policies and Procedures.
  • Develop and maintain effective communication with REL leadership team and GCO regarding activities, trends, and events pertaining to Risk, Regulatory, Audit, Compliance and Loan Review activities; promote an internal risk culture that encourages self-identification, promoting various risk initiatives and their supporting metrics, and the maturity of various underwriting and risk committees/councils.
  • Develop talent and supervise the overall direction, coordination, and evaluation of teammates to allow them to meet professional objectives, foster career growth and to ensure job satisfaction.
  • Foster a high performing performance culture, fostering continuous learning, development, and excellence.
  • Support the Real Estate Lending leadership team by ensuring business results are met, key challenges are solved, and a customer-first mindset is maintained.

Requirements

  • Bachelor’s degree in business, Finance or Risk field or equivalent education and related training or experience
  • 12+ years of risk management experience in the banking or financial services industry or related field
  • Extensive experience in mortgage banking, with a strong understanding of mortgage originations and compliance requirements
  • Thorough knowledge of regulatory requirements governing mortgage/HELOC lending including, but not limited to SAFE Act, RESPA, TILA, HMDA, and Fair Lending Laws
  • Master’s degree or MBA with a Business, Financial or Risk focus
  • Broad risk and regulatory knowledge with an emphasis on: Credit, Market, Compliance, Operational, Reputational and Strategic Risks
  • Experience supporting audits and engagements with investors and regulators
  • Demonstrated abilities to think critically and strategically, and drive change; successfully manage multiple projects concurrently.
  • Proven track record of development and implementing risk and control strategies in a large, financial services environment
  • Ability to collaborate and influence effectively across all levels of the organization
  • ORM Certificate, PRM designation, or CRCM designation