Operational Risk Analyst - Corporate Banking Group
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 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.
Requirements
- Bachelor’s degree in a related field and five (5) years' experience in finance, risk or operations, with experience in the specific business line operations
- Or High School Diploma or GED and nine (9) years' experience in finance, risk or operations, with experience in the specific business line operations
- Attention to detail
- Excellent analytical and management reporting skills
- Excellent communications skills
- Organizational and time management skills
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
Benefits
- annual discretionary bonus plan
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
