Enterprise Risk Testing Analyst

About the Role

At Regions, the Enterprise Risk Testing Analyst is a second line of defense risk management function that ensures the development and maintenance of a strong risk culture. This role involves developing and maintaining a program infrastructure that measures, monitors, and reports compliance with applicable laws, regulations, and rules governing a specific line of business. The analyst also ensures adherence to policies and procedures to maintain operationally effective controls that mitigate risk.

Responsibilities

• Serves as subject matter expert in compliance and operational risk to effectively execute testing activities
• Maintains advanced knowledge of rules and regulations and their impact on products, services, and operations for a specific line of business or program
• Maintains advanced knowledge of Regions products and services, as well as supporting systems, to evaluate their performance and compliance with regulatory requirements
• Assists with the administration of a monitoring and testing program to report on control effectiveness
• Focuses on resolving complex problems or transactions, interpreting results against policies, guidelines, or processes
• Conducts transaction testing, analyzes results, and documents findings
• Drafts summaries of testing results for distribution to key stakeholders
• Collaborates with key stakeholders in executing the testing program
• Supervises day-to-day work of other professional-level risk testing associates on occasion
• Assists in oversight activities for the team as needed
• Performs and participates in various projects as needed
• Identifies and implements automated testing and data analytics activities

Requirements

• Bachelor’s degree and five (5) years of experience in Compliance, Operational Risk, Quality Assurance/Control, Audit, or other related risk function specific to a line of business or program
• Or High School Diploma and nine (9) years of experience in Compliance, Operational Risk, Quality Assurance/Control, Audit, or other related risk function specific to a line of business or program

Preferences

• Relevant certifications and/or licenses, such as:
  • Certified Regulatory Compliance Manager (CRCM)
  • Certified Anti Money Laundering Specialist (CAMS)
  • Certified Information Security Auditor (CISA)
  • Financial Risk Manager (FRM)
  • Financial Industry Regulatory Authority (FINRA) Licenses

Skills

• Ability to mentor and train junior associates
• Ability to research, analyze data, and derive facts
• Ability to work in a team environment and independently with limited guidance
• Ability to work under pressure and meet deadlines
• Demonstrated leadership capabilities
• Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
• Strong verbal, written communication, and organizational skills
• Strong work ethic and self-motivation

Position Details

Position Type: Full-time
Location: Regions Center, Birmingham, Alabama

Pay

Minimum Job Range: $72,864.55 USD
Median: $103,810.00 USD

Benefits

• 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

This position may also participate in an annual discretionary bonus plan. Benefits and plans may be changed, amended, or terminated at any time.