Business Unit Operational Risk Analyst [On-Site, Cities Listed]

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 Analyst works within a given line of business to help ensure the line of business operations are conducted in compliance with regulatory and legal requirements and per the organization’s policy. The analyst works as part of the first line of defense team and alongside the first line, second line and enterprise support units to ensure the effective execution of the Operational Risk Framework across the assigned business line.

Primary Responsibilities

• Conducts compliance reviews and provides oversight of legal entities, business units and processes
• Maintains documentation and reports to management regarding compliance and potential issues
• Provides analysis of the execution of our 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
• Analyzes compliance processes and reports to management, comparing current process with identified process and policy
• Analyzes and tests assigned business initiatives for adherence to policy
• Assists in the review of contracts, agreements and statements of work
• Prepares and maintains risk management documentation and risk reports
• Provides timely update of operational risk issues and decisions to managers
• Leads development of the overall risk assessment program and action plans to mitigate operational risks
• May supervise day-to-day work of other professional level operational risk associates
• Serves a senior level analyst and subject-matter expert, assisting management in developing team and implementing necessary teams

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

Requirements

• Bachelor’s degree in a related field and seven (7) years' experience in finance, risk or operations, with experience in the specific business line operations
• Or High School Diploma or GED and eleven (11) years' experience in finance, risk or operations, with experience in the specific business line operations

Skills and Competencies

• Attention to detail 
• Excellent analytical and management reporting skills
• Excellent communications skills
• Organizational and time management skills

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 relocation assistance for this position, and relocation would be at your expense. The locations available for this role are Birmingham, AL, Atlanta, GA or Charlotte, NC.

Regions will not sponsor applicants for work visas for this position at this time. Applicants for this position must currently be authorized to work in the United States on a full-time basis.

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among indiv