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Business Unit Operational Risk Analyst - [On-Site]

Business Unit Operational Risk Analyst - [On-Site]

Regions FinancialAtlanta, GA, US
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Business Unit Operational Risk Analyst

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.

Primary 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

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
  • Skills and Competencies

  • Attention to detail
  • Excellent analytical and management reporting skills
  • Excellent communications skills
  • Organizational and time management skills
  • This position is intended to be onsite, now or in the near future Associates will have regular work hours, including full days in the office three or more days a week. The manager will set the work schedule for this position, including in-office expectations. Regions will not provide relocation assistance for this position, and relocation would be at your expense. The locations available for this role are Birmingham, AL, Atlanta, GA or Charlotte, NC.

    Regions will not sponsor applicants for work visas for this position at this time. Applicants for this position must currently be authorized to work in the United States on a full-time basis.

    Full time

    Compensation Details

    Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include : experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

    The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

    Job Range Target :

    Minimum : $81,644.20 USD

    Median : $103,860.00 USD

    Incentive Pay Plans :

    This job may participate in an annual discretionary bonus plan.

    Benefits Information

    Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

  • Paid Vacation / Sick Time
  • 401K with Company Match
  • Medical, Dental and Vision Benefits
  • Disability Benefits
  • Health Savings Account
  • Flexible Spending Account
  • Life Insurance
  • Parental Leave
  • Employee Assistance Program
  • Associate Volunteer Program
  • Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time.

    Location Details

    Location : Atlanta, Georgia

    Equal Opportunity Employer / including Disabled / Veterans

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    Operational Risk Analyst • Atlanta, GA, US