Digital Risk & Controls Leader

Regions•Atlanta, GA

1d•$146,133 - $203,385•Onsite

About The Position

At Regions, the Business Unit Operational Risk Manager ensures that line of business operations are conducted in compliance with regulatory and legal requirements and per the organization’s policy. This position serves as a connection between the first line, second line, and enterprise support units to ensure the effective execution of the Operational Risk Framework across the specified business line group.

Requirements

Bachelor’s degree in a related field
Ten (10) years of experience in finance, risk, or operations, with significant specific experience in business line operations or underwriting
Ability to learn additional systems as needed
Ability to research, analyze data, and derive facts
Ability to work under pressure and meet deadlines
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
Strong verbal, written communication, and organizational skills
Strong work ethic and self-motivation
People management experience 3+ years minimum is preferred
Banking/finance experience needed and preferred
Applicants for this position must currently be authorized to work in the United States on a full-time basis.

Responsibilities

Leads the development of and the conduction of compliance reviews and provides oversight of legal entities, business units, and processes
Maintains documentation and reports to management regarding compliance and potential issues
Provides requested information to regulatory agencies and monitors compliance with applicable laws and regulations
Serves as senior subject-matter expert in providing guidance to first line, second line, and enterprise support units on the effective execution of 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
Manages several compliance processes, comparing current process with identified process and policy
Reports to management and provides recommendations for error prevention
Leads the monitoring, evaluation, remediation of operations risk/loss events including root cause analysis and process improvement recommendations
Analyzes new business initiatives and projects and manages risk-related changes
Coordinates business continuity plans and conducts annual training and business impact analysis testing
Conducts quality control audits, working with business line operations departments
Serves as liaison to internal and external auditors and Regions Data Foundation
Works with business unit to understand business, drivers, concerns, future plans, and offer support to mitigate risk
Conducts presentations and workshop sessions on risk identification and mitigation
Ensures continuous improvement in operating procedures to avoid risks
Ensures compliance with vendor risk management policy and regulations, reviewing and analyzing contracts, agreements, and statements of work
May maintain business unit Responsible, Accountable, Consulted, and Informed (RACI) chart