hero

Birmingham Job Opportunities

18
companies
2,491
Jobs

Technology & Operations Risk Governance Liaison

Regions Bank

Regions Bank

IT, Operations
Columbia, IL, USA
Posted on Tuesday, April 16, 2024

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.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.

Job Description:

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 also lead improvement efforts and provide regular updates on various practices, reports, policies, and procedures within the department.

Primary Responsibilities

  • Serves as subject-matter expert and oversees day-to-day identification, measurement, mitigation, monitoring, and reporting
  • 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
  • Leads 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 and alerts team of updates
  • Resolves a range of standard to complex problems and analyzes possible solutions using standard procedures
  • Works towards mastery of knowledge of the organization, processes, and customers
  • May serve on related committees and/or working groups
  • May perform financial stress testing simulations
  • Offers advice and guidance to junior analysts, assisting in the development of necessary skills and the promotion of continuous improvement initiatives

This position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay.

Requirements

  • Bachelor’s degree in Business, Finance, Risk Management, or related field
  • Six (6) years of related experience
  • Advanced knowledge of fundamental risk theories, principles, and concepts

Skills and Competencies

  • 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 limited 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

Additional Job Description

  • Identifies, monitors, and report risks that are emerging for Technology, Operations, Digital and Data (TODD).
  • Collaborates and coordinates within TODD teams and key stakeholders to promote consistent risk approach
  • Advise and provide process improvement strategies on existing procedures and processes to ensure effectiveness within the organization
  • Contribute to effective governance materials and meetings to ensure the Technology and Operations Risk Oversight Committee (TOROC) is positioned to execute its duties
  • Identify, create, and challenge metrics to aid in driving better stakeholder monitoring results and increased efficiency
  • Executes risk assessments, issues management outreach and/or issue management administration
  • Provides support for TODD partners in regulatory exams, governmental agency audits, and/or internal audits
  • Provides Project Management of multiple initiatives while adhering to deadlines
  • Obtains and maintains necessary training to keep current on the discipline of Risk Management
  • Produces and/or reviews team presentations and deliverables to stakeholders, including oversight committees
  • Solves for range of complex problems
  • Design presentations and/or workshop materials for TODD risk training curriculum
  • Key contributor to design enhancements of Risk program components, including frameworks, reporting, policies, and procedures
  • Identify, champion, or lead creation of process procedures and challenge existing procedures to drive efficiency
  • May offer guidance to junior analysts, ensuring proper training and tools are provided
  • May create project plans, timelines, critical paths, and milestones

Skills and Competencies

  • Ability to build strong partnerships with stakeholders
  • Ability to research, analyze data, and derive facts
  • Advanced knowledge of enterprise and operational risk management framework and principles
  • Strong work ethic, self- motivation, and high level of intellectual curiosity
  • Ability to coordinate cross-functionally to gather and analyze data
  • Ability to design frameworks and procedural aids for use by stakeholders

Preferences

  • Master’s degree in related field
  • Experience with project management leadership, including cross-functional projects
  • Proficiency with project management software (ex: Microsoft Project, JIRA)
  • Proficiency utilizing business intelligence software (e.g. Tableau, Power BI)
  • Experience utilizing analytical software such as Structured Query Language (SQL), Statistical Analysis System (SAS), and applicable Microsoft Office applications

This position must be within a reasonable driving distance to a Branch, Consumer Operations, or Professional Office Building with the primary locations being for Birmingham, AL, Nashville, TN, Atlanta, GA or Charlotte, NC. Regions will not provide relocation assistance for this position, and relocation would be at your expense. Exceptions to the geographic location requirement may be made for current Regions associates who work remotely.

Position Type

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:

$80,086.00 USD

Median:

$106,010.00 USD

Incentive Pay Plans:

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. To learn more about Regions’ benefits, please click or copy the link below to your browser.


https://www.regions.com/welcometour/benefits.rf

Location Details

Riverchase Operations Center

Location:

Hoover, Alabama

Bring Your Whole Self to Work

We have a passion for creating an inclusive environment that promotes and values diversity of race, color, national origin, religion, age, sexual orientation, gender identity, disability, veteran status, genetic information, sex, pregnancy, and many other primary and secondary dimensions that make each of us unique as individuals and provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work is the right thing to do.

OFCCP Disclosure: Equal Opportunity Employer/Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.