Home Improvement Financing Risk Manager
Regions Financial Corporation, Salt Lake City, Utah, United States, 84193
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 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 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 typically 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.
Primary 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
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
This position is incentive eligible.
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
Preferences
Masters degree
Certified Regulatory Compliance Manager Certification (CRCM)
Skills and Competencies
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
Additional Job Description 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.
Additional Preferred Experience
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.
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.
Below is the target information listed for the Metropolitan Statistical Area Market Range for where the position is located and level of the position.
Job Range Target:
Minimum:
$135,303.85 USD
Median:
$183,910.00 USD
Incentive Pay Plans:
This role is eligible to participate in the annual discretionary incentive plan. Employees are eligible to receive a discretionary award based on individual, business, and/or company performance. Opportunity to participate in the Long Term Incentive 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. To learn more about Regions’ benefits, please copy the link below to your browser.
https://www.regions.com/about-regions/welcome-portal/benefits
Location Details Salt Lake City UT LOB
Location Salt Lake City, Utah
Equal Opportunity Employer/including 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.
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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 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 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 typically 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.
Primary 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
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
This position is incentive eligible.
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
Preferences
Masters degree
Certified Regulatory Compliance Manager Certification (CRCM)
Skills and Competencies
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
Additional Job Description 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.
Additional Preferred Experience
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.
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.
Below is the target information listed for the Metropolitan Statistical Area Market Range for where the position is located and level of the position.
Job Range Target:
Minimum:
$135,303.85 USD
Median:
$183,910.00 USD
Incentive Pay Plans:
This role is eligible to participate in the annual discretionary incentive plan. Employees are eligible to receive a discretionary award based on individual, business, and/or company performance. Opportunity to participate in the Long Term Incentive 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. To learn more about Regions’ benefits, please copy the link below to your browser.
https://www.regions.com/about-regions/welcome-portal/benefits
Location Details Salt Lake City UT LOB
Location Salt Lake City, Utah
Equal Opportunity Employer/including 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.
#J-18808-Ljbffr