Business Unit Operational Risk Analyst [on-site, Birmingham, AL]

Regions Financial - Hoover, AL

Full-time - Entry Level

Hoover, AL

Credit Intermediation and Related Activities

About the position

The Business Unit Operational Risk Analyst at Regions is responsible for ensuring that business operations comply with regulatory and legal requirements while adhering to the organization's policies. This role involves working within a specific line of business as part of the first line of defense team, collaborating with various support units to effectively implement the Operational Risk Framework.

Responsibilities

• Assists with conducting compliance reviews and reports to management on business units and processes
• Maintains documentation and reports to management regarding compliance and potential issues
• Provides analysis of the execution of the 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
• Assists in the review of contracts, agreements and statements of work

Requirements

• Bachelor's degree in a related field
• Or High School Diploma or GED and four (4) years experience in finance, risk or operations, with experience in the specific business line operations
• Attention to detail
• Excellent analytical and management reporting skills
• Excellent communications skills
• Organizational and time management skills

Nice-to-haves

• Prior experience in a support role
• Ability to meet important deadlines
• Familiarity with Digital products and services
• Regular cadence of certifications/approvals/monitoring and reporting
• Ability to use and navigate GRC, Confluence, Jira
• Support for vendor ongoing monitoring and scorecards
• Beeline experience a plus
• Maintain procedure documents

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