Enterprise Compliance and Operational Risk Manager Third Party Risk Management Ongoing Monitoring

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.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates consultants and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes sold or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions Retention Schedule for a minimum of three years. You may review modify or update your information by visiting and logging into the careers section of the system.

Job Description:

At Regions the Enterprise Compliance and Operational Risk Manager leads a team of risk management professionals within the organizations second line of defense. This position is responsible for ensuring risk activities and programs are effectively implemented across business units. Additionally this position interacts with senior leadership providing strategic guidance and ensuring high quality results reporting and adherence to the organizations risk appetite.

Primary Responsibilities

• Leads a team of risk management professionals ensuring effective execution of risk activities and programs
• Oversees monitoring and testing programs to ensure adherence to laws regulations and internal policies
• Advises senior leadership on risk issues related to products services and related processes
• Develops and implements policies procedures and governance materials to support regulatory risk management objectives
• Maintains advanced understanding of applicable laws regulations internal policies and emerging risks (e.g. cyber security artificial intelligence (AI) etc.)
• Collaborates cross functionally to ensure alignment between risk management practices and strategic objectives
• Oversees remediation of risk events performs root cause analysis and recommends changes to processes
• Directs the design and implementation of major risk programs and tools
• Ensures timely and accurate responses to regulatory and audit requests and serves as liaison
• Drives the development and implementation of reports dashboards and metrics using internal systems (e.g. PowerBI)
• Consistently promotes continuous improvement and enhanced efficiency within organization

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

• Bachelors degree in related field and eight (8) years of experience in risk audit or related oversight function(s) including four (4) years in a supervisory/managerial role
• Or High School Diploma or GED and twelve (12) years of experience in risk audit or related oversight function(s) including six (6) years in a supervisory/managerial role

Preferences

• Applicable certifications (e.g. Certified Fraud Examiner (CFE) Certified Public Accountant (CPA) Certified Regulatory Compliance Manager (CRCM))
• Masters degree in related field

Skills and Competencies

• Ability to learn additional systems as needed
• Ability to make balanced risk-based decisions based on facts
• Ability to prioritize projects and allocate time efficiently and effectively
• Ability to research analyze data and derive facts
• Ability to solve problems and implement effective solutions
• Proficiency in Microsoft Office (Excel Word PowerPoint Outlook etc.)
• Strong verbal written communication and organizational skills
• Strong work ethic and self-motivation

The Third Party Risk Management Ongoing Monitoring Manager is responsible for leading and executing the continuous Risk oversight of Regions thirdparty relationships to ensure risks are properly identified assessed mitigated and monitored throughout the execution phase of each engagement. This role plays a critical part in maintaining Regions risk posture by ensuring third parties consistently meet regulatory operational and performance expectations as well as ensuring that resiliency plans and exit strategies are maintained.

Key Responsibilities

• Oversee the execution of ongoing monitoring activities for all inscope thirdparty relationships including periodic risk reviews performance assessments and control monitoring.
• Partner with Service Level Owners (SLOs) to ensure they understand thirdparty risk requirements and maintain accurate timely documentation within the TPRM system of record.
• Identify and report on emerging risks or performance concerns and escalate issues to appropriate stakeholders including Risk Compliance Information Security and Legal partners.
• Ensure adherence to the Third Party Risk Management established requirements across all monitoring activities.
• Maintain highquality reporting and metrics to support governance committees audits and regulatory reviews.
• Provide guidance training and subjectmatter expertise to business units and stakeholders involved in thirdparty oversight.

Position Type

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 individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:

Median:

Incentive Pay Plans:

Benefits Information

Regions offers a benefits package that is flexible comprehensive and recognizes that one size does not fit all for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes which is not intended to be a complete summary of plan terms and conditions.

• Paid Vacation/Sick Time

• 401K with Company Match

• Medical Dental and Vision Benefits

• Disability Benefits

• Health Savings Account

• Flexible Spending Account

• Life Insurance

• Parental Leave

• Employee Assistance Program

• Associate Volunteer Program

Please note benefits and plans may be changed amended or terminated with respect to all or any class of associate at any time. To learn more about Regions benefits please click or copy the link below to your browser.

DetailsRegions Center

Location: