Enterprise Compliance and Operational Risk Analyst - Risk Assessment

About the role

At Regions, the Enterprise Compliance and Operational Risk Analyst serves as a member of Regions’ second line of defense risk management function. This position supports the development and maintenance of a strong risk culture by implementing Regions’ risk management framework, internal policies, and program infrastructure. Additionally, this position works closely with first line of defense associates to proactively identify, measure, monitor, and manage risks across the organization. Located at the Regions Center in Birmingham, Alabama.

Responsibilities

• Supports risk programs through monitoring, testing, and reporting to ensure adherence to regulatory and risk management standards
• Conducts risk assessments and evaluates control effectiveness, including the review of organizational initiatives for risk impact
• Develops and maintains risk metrics, dashboards, and reporting tools
• Analyzes findings, losses, and risk events to identify trends
• Collaborates cross-functionally with business units and stakeholders to provide guidance and risk mitigation strategies
• Assists with regulatory exams and internal audits by compiling requested information and preparing supporting materials
• Maintains understanding of applicable laws, regulations, internal policies, and trends, as well as monitors changes and communicates impacts appropriately
• Supports efforts to resolve highly critical issues, findings, and/or regulator matters
• May provide advice and guidance to junior analysts
• Execute end-to-end risk assessment processes, including planning, scoping, data collection, analysis, documentation, and reporting of results
• Provide independent, constructive challenge to risk assessments, assumptions, methodologies, and conclusions to ensure accuracy and completeness
• Identify gaps, inconsistencies, and potential biases in risk evaluations and recommend improvements
• Facilitate discussions with stakeholders to validate risk ratings and ensure evidence-based decision-making
• Partner closely with risk assessors to guide completion of assessments, ensuring adherence to standards and timelines
• Provide subject matter support on risk frameworks, methodologies, and tools
• Maintain accurate documentation and audit trails to support governance and regulatory review
• Recommend and implement enhancements to risk assessment processes, tools, and templates