Enterprise Risk Testing Analyst

Regions•Birmingham, AL

5d•$72,865 - $103,810•Onsite

About The Position

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. At Regions, the Enterprise Risk Testing Analyst is a second line of defense risk management function that ensures the development and maintenance of a strong risk culture by developing and maintaining a program infrastructure that measures, monitors, and reports compliance with applicable laws, regulations and rules that govern a specific line of business and/or adherence to policies and procedures to ensure controls established are operationally effective to mitigate risk. Associates at this level should have full ownership of one or more processes, reports, procedures, or products, and are considered analytical or procedural experts within a specific line of business, risk area, or program.

Requirements

Bachelor’s degree and five (5) years of experience in Compliance, Operational Risk, Quality Assurance/Control, Audit, or other related risk function specific to a line of business or program
Or High School Diploma and nine (9) years of experience in Compliance, Operational Risk, Quality Assurance/Control, Audit, or other related risk function specific to a line of business or program

Nice To Haves

Relevant certifications and/or licenses, such as: Certified Regulatory Compliance Manager (CRCM), Certified Anti Money Laundering Specialist (CAMS), Certified Information Security Auditor (CISA), Financial Risk Manager (FRM), Financial Industry Regulatory Authority (FINRA) Licenses
Ability to mentor and train junior associates
Ability to research, analyze data, and derive facts
Ability to work in a team environment when applicable
Ability to work independently, with limited guidance
Ability to work under pressure and meet deadlines
Demonstrated leadership capabilities
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
Strong verbal, written communication, and organizational skills
Strong work ethic and self-motivation

Responsibilities

Serves as subject matter expert in compliance and operational risk to effectively execute testing activities
Maintains advanced knowledge of rules and regulations and their impact on products, services, and operations for a specific line of business or program
Maintains advanced knowledge of Regions products and services, as well as systems supporting them, to evaluate if the products/services and systems are performing as designed to meet regulatory requirements and are operating effectively
Maintains advanced knowledge and understanding of risk management concepts around risks and controls and key operational processes
Assists with the administration of a monitoring and testing program to report on effectiveness of controls against expected outcomes to meet all applicable laws and regulations or operational processes
Focuses on the resolution of complex problems or transactions, where expertise is required to interpret the results against policies, guidelines, or processes
Conducts transaction testing activities, analyzes results and documents findings
Drafts summary of testing results for distribution to key stakeholders
Collaborates with key stakeholders in executing the testing program
Supervises day-to-day work of other professional level risk testing associates on occasion
Assists in oversight activities for the team as needed
Performs and participates in various projects as needed
Identifies and implements automated testing and data analytics activities