Corporate Banking Group- Business Unit Operational Risk Analyst
Regions Financial Corporation, Hoover, Alabama, United States
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
Leadsdevelopment of the overallrisk assessment program and action plans to mitigate operational risks
May supervise day-to-day work of other professional leveloperational risk associates
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 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
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 $83,504.85 USD
50th Percentile $107,120.00 USD
Incentive Pay Plans This job may participate in an annual discretionary bonus plan.
Location Hoover, Alabama
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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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
Leadsdevelopment of the overallrisk assessment program and action plans to mitigate operational risks
May supervise day-to-day work of other professional leveloperational risk associates
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 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
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 $83,504.85 USD
50th Percentile $107,120.00 USD
Incentive Pay Plans This job may participate in an annual discretionary bonus plan.
Location Hoover, Alabama
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