**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.** Need Help? (https://www.brainshark.com/bbandt/careers-site-faq) _If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (careers@truist.com?subject=Accommodation%20request)_ _(accommodation requests only; other inquiries won't receive a response)._ **Regular or Temporary:** Regular **Language Fluency:** English (Required) **Work Shift:** 1st shift (United States of America) **Please review the following job description:** The Chief Wholesale Credit Officer (CWCO) is an executive position reporting to the Chief Credit Officer (CCO) within Truist's risk management organization. This role is responsible for managing credit policy, portfolio management, loss forecasting, and overall credit processes for Truist's Wholesale Credit Portfolio. The position oversees approximately $181 billion in outstandings and $330 billion in total commitments across Corporate Investment Banking, Commercial Real Estate, Commercial Banking, and Wealth divisions. 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. Strategic Leadership: + Lead the Wholesale Credit Risk Program in collaboration with business units, providing independent credit decisioning, risk challenge, and oversight. + Drive prudent growth within Truist's Credit Risk Appetite framework. + Develop comprehensive credit strategies tailored to meet regulatory frameworks of leveraged lending, structured products (including securitizations and asset-based lending) and other complex credit solutions. + Provide strategic direction for wholesale credit management, balancing quality, growth, and profitability objectives. + Guide the integration of risk and portfolio management best practices across product lines. Credit Risk Management: + Establish and maintain credit policies, procedures, processes, and standards. + Develop strategies for managing credit concentrations for complex underwriting activities, including large, syndicated loan structures, leveraged finance, and structured credit products. + Oversee independent credit adjudication processes using quantitative models and judgmental decision-making. + Manage wholesale credit portfolio performance and concentration limits. + Lead the evaluation of new products and portfolio risks. + Provide oversight of CCAR overlays, CECL, ACL updates, and credit loss forecasting. Governance and Oversight: + Serve as Subject Matter Expert on various credit committees. + Establish and monitor risk appetite KRIs and thresholds for complex underwriting and structured finance credit activities. + Participate in stress testing processes and capital adequacy assessments. + Own and oversee issues management, prioritizing collaboration with internal and external stakeholders to design optimal solutions for Truist shareholders ensuring timely resolution, adherence to regulatory standards and effective remediation strategies. + Oversee First Line of Defense's risk management activities. + Establish cutoff score acceptance criteria for statistical models. + Monitor and assess current and emerging risk. Regulatory and Compliance: + Act as primary contact for regulatory agencies, Credit Risk Review, and Internal Audit. + Ensure adherence to regulatory credit policies. + Lead regulatory examination responses and remediation activities. + Participate in key committees including ALLL, Credit Risk Program, and Enterprise Credit Risk. Portfolio Management: + Analyze concentrations, product mix/pricing, and performance metrics. + Develop tools for identifying high-risk segments. + Oversee portfolio risk-based pricing models and loan loss forecasting. + Ensure integrity of automated decision engines and credit models. **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. 2. Twenty+ years of credit-related experience. 3. Deep understanding of investment banking products and comprehensive knowledge of complex lending structures, including leveraged loans and structured products. 4. Expertise in credit modeling, policy development, and problem loan management. 5. Strong regulatory knowledge and governance experience. 6. Proven strategic thinking and change management capabilities. 7. Outstanding quantitative and analytical skills. 8. Extensive client-facing lending experience. 9. Demonstrated leadership and team management abilities. 10. Superior communication skills with ability to engage Board of Directors, Executive Management, and Regulators. **Preferred Qualifications:** 1. MBA. 2. Twenty-five+ years credit-related experience. 3. Graduate of industry banking schools. 4. Active leadership role in industry professional associations. **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 (https://benefits.truist.com/) . 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 supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals 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. 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