Business Unit Operational Risk Analyst

Regions Bank•Charlotte, NC

About The Position

The Business Unit Operational Risk Analyst works within an assigned line of business to help ensure that operations comply with regulatory and legal requirements and organizational policy. As part of the first line of defense, the analyst works with first-line, second-line, and enterprise support units to support effective execution of the Operational Risk Framework across the business line. The role assists with compliance reviews and management reporting, maintains documentation on compliance and potential issues, and analyzes execution of operational risk processes. It also analyzes compliance processes against identified processes and policies and assists in reviewing contracts, agreements, and statements of work. This is a full-time, exempt position that is not eligible for overtime pay.

Requirements

Bachelor’s degree in a related field, or a high school diploma or GED and four years of experience in finance, risk, or operations, with experience in the specific business line operations.
Attention to detail.
Excellent analytical and management reporting skills.
Excellent communication skills.
Organizational and time management skills.

Responsibilities

Assist with conducting compliance reviews and report to management on business units and processes.
Maintain documentation and provide management reports regarding compliance and potential issues.
Analyze execution of the operational risk management framework, including risk and control self-assessments, new initiative risk assessments, operational risk and loss events, scenario analysis, emerging risk identification, and front-line risk assessments.
Analyze compliance processes and report to management, comparing current processes with identified processes and policies.
Assist in reviewing contracts, agreements, and statements of work.