Corporate Banking Group Quality Assurance Administrator
Charlotte, VT - USA
Job Summary
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 Corporate Banking Group Quality Assurance Administrator is responsible for executing 1st line of defense assurance reviews to ensure adherence to risk appetite statements and the accuracy of information feeding the Banks financial statements. To accomplish the objectives the administrator will individually participate or lead a review team through the analysis of regulatory compliance credit policy adherence underwriting quality risk rating accuracy processes and procedure adherence and validating corrective actions committed to assurance partners are complete effective and sustained.
Primary Responsibilities
- Conducts credit operational and compliance risk assessments for business units within the Corporate Bank
- Analyzes individual loan transactions for risk rating accuracy policy compliance and prudent credit risk management practices
- Conducts process/procedure risk assessments and corrective action validation reviews
- Owns the testing evaluation and remediation of operational compliance and credit risk/loss events including root cause analysis and process improvement recommendations; may create oversee and monitor remediation plans
- Maintains proficient documentation and reports to management key findings and recommendations regarding potential issues
- Leading reviews includes:
- Designs review scope
- Identifies population and sample set
- Ensures review team members are trained in advance of review commencement
- Assigns review responsibilities
- Oversees the execution of review perform analysis and review of work submitted by others
- Writes the final review report
- Conducts review of the report with management of area reviewed
- Participates in remediation activities as needed
- Serves as a review team member as needed
- Follows established guidelines and identifying and resolving straightforward problems
- May own or help support one or more controls processes reports procedures or products
- May maintain ownership of transaction testing reviews performed by third party vendors
- May own defined controls and control testing
- May lead targeted and/or remediation reviews
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
Requirements
- Bachelors degree in Accounting Finance or a related field and three (3)years of risk management or quality assurance/control experience in relevant disciplines such as commercial/corporate/specialized lending credit administration credit review or regulatory agency
- Or High School Diploma or GED and seven (7) years of risk management or quality assurance/control experience in relevant disciplines such as commercial/corporate/specialized lending credit administration credit review or regulatory agency
Skills and Competencies
Ability to research analyze data and derive facts
Excellent verbal and written communication skills
Experience in writing risk management review reports
Strong credit analysis skills
Strong work ethic and self-motivation
- This position may be filled at a higher level depending on the candidates qualifications and relevant experience.
- Real Estate Banking Experience preferred
- Credit Experience preferred
Position Type
Full timeCompensation 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:
$65113.40 USDMedian:
$92860.00 USDIncentive Pay Plans:
This job is not incentive eligible.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.
Required Experience:
Unclear Seniority
About Company
Need a commercial lending partner for affordable housing projects? Call our Real Estate Banking team for help with construction loans and equity financing.