Risk Analyst

Regions Bank•Birmingham, AL

10d•Onsite

About The Position

At Regions, the Risk Analyst performs advanced risk analyst duties as a first or second- line of defense function for the bank. This position will lead the coordination efforts with internal and external parties to conduct financial reporting, controls, policy and procedure documentation, governance activities, and regulatory compliance. Additionally, this position will develop and implement independent reporting and/or financial analysis to assist in the Risk team’s oversight role. This role will assist in improvement efforts and provide regular updates on various practices, reports, policies, and procedures within the department.

Requirements

Bachelor’s degree in Business, Finance, Risk Management, or related field
Four (4) years of related experience
Working knowledge of fundamental risk theories, principles, and concepts
Ability to learn additional systems as needed
Ability to research, analyze data, and derive facts
Ability to work in a team environment when applicable
Ability to work under moderate guidance
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

Nice To Haves

Ability to translate business needs into technical solutions
Ability to work under moderate guidance
Capacity for day-to-day, hands-on execution
Experience in data analytics, data profiling and transformations
Experience with Exact, Transform, Load (ETL) and Lineage tools
Strong ability to review and analyze data, and identify and resolve problems
Strong project management skills
Strong research and problem determination and solution skills
Strong skills in data analysis - developing macros, scripts, queries to calculate data quality
Understanding of data architecture practices

Responsibilities

Conducts moderately complex identification, measurement, mitigation, monitoring, and reporting tasks
Designs, develops, and reports independent analyses that provide greater insight into risk exposures and mitigation efforts
Enhances team processes and updates policies and procedures to reflect improvements
Participates in the team’s preparation and involvement in regulatory examinations, which may include the annual Federal Reserve stress tests, examinations, etc.
Remains well informed of regulatory and industry practices
Resolves a range of problems and analyzes possible solutions using standard procedures
Builds advanced knowledge of the organization, processes, and customers
May serve on related committees and/or working groups
May perform financial stress testing simulations
May offer advice and guidance to junior analysts on occasion
Measures and monitors data quality, designs, and executes remediation plans, maintains, and supports applicable data management standards
Implements and supports data quality requirements as designed by the Data Owner, including the business rules and movement controls
Reviews data quality issues, perform analysis, recommend fixes, and/or report timely any breaches of thresholds to Data Owners, Data Consumers, and escalate as needed to Enterprise Data Management (EDM)
Manages and resolves or remediates data issues identified by Data Owners and Data Consumers
Manages, executes and tracks data quality remediation plans in coordination with all stakeholders
Collects and updates business metadata and references data for the data they are assigned to
Translates business rules into data quality rules and produces data controls