Digital Risk & Controls Leader

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

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Job Description:

At Regions, the Business Unit Operational Risk Manager ensures that line of business operations are conducted in compliance with regulatory and legal requirements and per the organization’s policy. This position serves as a connection between the first line, second line, and enterprise support units to ensure the effective execution of the Operational Risk Framework across the specified business line group.

Primary Responsibilities

• Leads the development of and the conduction of compliance reviews and provides oversight of legal entities, business units, and processes
• Maintains documentation and reports to management regarding compliance and potential issues
• Provides requested information to regulatory agencies and monitors compliance with applicable laws and regulations
• Serves as senior subject-matter expert in providing guidance to first line, second line, and enterprise support units on the effective execution of operational risk management framework including risk and control self-assessments, new initiative risk assessments, operational risk/loss events, scenario analysis, emerging risk identification, and front line risk assessments
• Manages several compliance processes, comparing current process with identified process and policy
• Reports to management and provides recommendations for error prevention
• Leads the monitoring, evaluation, remediation of operations risk/loss events including root cause analysis and process improvement recommendations
• Analyzes new business initiatives and projects and manages risk-related changes
• Coordinates business continuity plans and conducts annual training and business impact analysis testing
• Conducts quality control audits, working with business line operations departments
• Serves as liaison to internal and external auditors and Regions Data Foundation
• Works with business unit to understand business, drivers, concerns, future plans, and offer support to mitigate risk
• Conducts presentations and workshop sessions on risk identification and mitigation
• Ensures continuous improvement in operating procedures to avoid risks
• Ensures compliance with vendor risk management policy and regulations, reviewing and analyzing contracts, agreements, and statements of work
• May maintain business unit Responsible, Accountable, Consulted, and Informed (RACI) chart

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

This position is incentive eligible.

Requirements

• Bachelor’s degree in a related field
• Ten (10) years of experience in finance, risk, or operations, with significant specific experience in business line operations or underwriting

Skills and Competencies

• Ability to learn additional systems as needed
• Ability to research, analyze data, and derive facts
• Ability to work under pressure and meet deadlines
• Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
• Strong verbal, written communication, and organizational skills
• Strong work ethic and self-motivation

• People management experience 3+ years minimum is preferred
• Banking/finance experience needed and preferred

This position is intended to be onsite, now or in the near future. Associates will have regular work hours, including full days in the office three or more days a week.  The manager will set the work schedule for this position, including in-office expectations.  Regions will not provide relocati