Enterprise Compliance and Operational Risk Analyst

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 Analyst serves as a member of Regions second line of defense risk management function. This position supports the development and maintenance of a strong risk culture by implementing Regions risk management framework internal policies and program infrastructure. Additionally this position works closely with first line of defense associates to proactively identify measure monitor and manage risks across the organization.

Primary Responsibilities

• Supports risk programs through monitoring testing and reporting to ensure adherence to regulatory and risk management standards
• Conducts risk assessments and evaluates control effectiveness including the review of organizational initiatives for risk impact
• Develops and maintains risk metrics dashboards and reporting tools
• Analyzes findings losses and risk events to identify trends
• Collaborates cross-functionally with business units and stakeholders to provide guidance and risk mitigation strategies
• Assists with regulatory exams and internal audits by compiling requested information and preparing supporting materials
• Maintains understanding of applicable laws regulations internal policies and trends as well as monitors changes and communicates impacts appropriately
• Supports efforts to resolve highly critical issues findings and/or regulator matters
• Supervises day-to-day work of junior analysts when appropriate as well as provides advice and guidance to develop technical skills and knowledge

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

Requirements

• Bachelors degree in related field and six (6) years of experience in risk audit or related oversight function(s)
• Or High School Diploma or GED and seven (7) years of experience in risk audit or related oversight function(s)

Preferences

• Applicable certifications (e.g. Certified Fraud Examiner (CFE) Certified Public Accountant (CPA) Certified Regulatory Compliance Manager (CRCM))
• Experience with Governance Risk Management and Compliance (GRC) tools
• Knowledge of data visualization and programming software
• Knowledge of end-to-end banking processes (e.g. sales account opening account servicing payments)
• Knowledge of key federal acts and associated banking regulations (e.g. Dodd-Frank Act Electronic Fund Transfer Act Expedited Funds Availability Act Truth in Lending)
• Knowledge of risk management frameworks (e.g. Basel Committee of Sponsoring Organizations (COSO))
• 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

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: