Home Improvement Financing Risk Manager

Regions Bank•Salt Lake, NC

About The Position

At Regions, the Business Unit Compliance Function Manager operates as a first, second, or third line of defense risk management expert that advises on business and/or product decisions. Associates at this level should have full ownership and be a Subject Matter Expert (SME) for one or more large or complex products, processes, or regulations , contributing to process change and redesign in addition to developing business plans, policies, and procedures to support a particular line of business. This position may manage 1-2 analysts and t ypically reports directly to the Business Unit Compliance Group Manager, the Head of a Division or a specialized Group Manager over a line of business i.e. Credit Products, Commercial, etc. The Home Improvement Financing Risk Manager is responsible for overseeing credit, operational, and third‑party risks within the unsecured home improvement lending portfolio. This role evaluates lending performance, monitors partner and contractor risk, and implements strategies to ensure responsible growth and compliance. The manager will analyze trends, identify emerging risks, strengthen controls, and collaborate with Product, Credit, Compliance, and Vendor Management teams to maintain a healthy, scalable third‑party lending program.

Requirements

Bachelor's degree and ten (10) years experience in compliance, quality assurance/control, audit or other related compliance function specific to a line of business
Ability to work independently
Deadline driven
Knowledge of legal and regulatory environment as it relates to compliance in a particular line of business
Organizational skills
Proficiency in Microsoft Office Suite
Strong Communication skills
Time management skills

Nice To Haves

Masters degree
Certified Regulatory Compliance Manager Certification (CRCM)
5–7+ years of experience in consumer lending risk, indirect/third‑party lending, or specialty financing programs.
Background in home improvement financing, contractor networks, or point‑of‑sale lending models.
Experience with third‑party/vendor oversight, including performance monitoring, scorecard development, and risk assessments.
Advanced analytical capability, including experience building dashboards, risk models, segmentation strategies, or early‑warning indicators.
Familiarity with risk frameworks such as ORM, RCSA, control testing, and issue remediation.
Hands‑on experience with portfolio management tools (e.g., Python, R, Tableau, Power BI, SAS, SQL).
Prior credit policy or underwriting strategy experience, especially in unsecured lending environments.
Knowledge of contractor acquisition, dealer management, or channel‑based lending programs.
Experience partnering with Compliance, Legal, and Product teams to implement policy changes, resolve findings, or support audits.
Strong project management skills, including ability to lead risk initiatives, process enhancements, and cross‑functional improvements.

Responsibilities

Directs compliance reviews and provides oversight of legal entities, business units, and processes
Advises leadership on key business and/or product decisions
Provides requested information to regulatory agencies and advises management on potential and ongoing compliance issues
Maintains expert level knowledge of rules and regulations and their impact on products, services and operations for a specific line of business
Oversees the resolution of complex problems or transactions, where expertise is required to interpret against policies, guidelines or processes
Oversees a monitoring and testing program to ensure effective compliance with all applicable laws and regulations
Manages creation and delivery of training to assigned business area to increase compliance awareness
May supervise day-to-day work of other professional level compliance associates
May contribute to workflow or process change and redesign, and risk and control identification