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

Atlanta, GA
Permanent
Full-time

6 days ago

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 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 timeCompensation DetailsPay 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: This job may participate in an annual discretionary bonus plan.Benefits InformationRegions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for 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.Location Details Atlanta MidtownLocation: Atlanta, GeorgiaEqual Opportunity Employer/including Disabled/VeteransJob applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.

Regions Bank

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