Enterprise Compliance and Operational Risk Analyst - Risk Assessment

Regions Financial Corporation; Birmingham (AL); On-site; USD 61,000 - 86,000; Full time

Job summary

Regions Financial Corporation is seeking an Enterprise Compliance and Operational Risk Analyst in Birmingham, AL. The role supports the risk management framework, policy implementation, and program infrastructure across the organization.

Responsibilities include monitoring, testing, reporting, and maintaining risk metrics, dashboards, and regulatory readiness. Collaboration with first-line observers and junior staff is expected to ensure strong risk culture and timely issue resolution.

Qualifications

• Bachelor’s degree in related field and three (3) years of experience in risk, audit, or related oversight function(s).
• Or High School Diploma or GED and seven (7) years of experience in risk, audit, or related oversight function(s).
• Experience in risk, audit, or related oversight function(s).

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 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 to provide risk guidance and mitigation strategies.
• Assists with regulatory exams and internal audits by compiling requested information and materials.

Skills

Risk assessment

Decision making

Project prioritization

Data analysis

Problem solving

Microsoft Office

Education

Bachelor’s degree in related field

Tools

GRC tools

Job description

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.

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.

Primary 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

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 related field and three (3) years of experience in risk, audit, or related oversight function(s)
• Or High School Diploma or GED and seven (7) years of experience in risk, audit, or related oversight function(s)

Preferences

• Applicable certifications (e.g., Certified Fraud Examiner (CFE), Certified Public Accountant (CPA), Certified Regulatory Compliance Manager (CRCM))
• Experience with Governance, Risk Management and Compliance (GRC) tools
• Knowledge of data visualization and programming software
• Knowledge of end-to-end banking processes (e.g., sales, account opening, account servicing, payments)
• Knowledge of key federal acts and associated banking regulations (e.g., Dodd-Frank Act, Electronic Fund Transfer Act, Expedited Funds Availability Act, Truth in Lending)
• Knowledge of risk management frameworks (e.g., Basel, Committee of Sponsoring Organizations (COSO))

Skills and Competencies

• Ability to learn additional systems as needed
• Ability to make balanced, risk-based decisions based on facts
• Ability to prioritize projects and allocate time efficiently and effectively
• Ability to research, analyze data, and derive facts
• Ability to solve problems and implement effective solutions
• Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
• Strong verbal, written communication, and organizational skills
• Strong work ethic and self-motivation

Additional Job Description

• 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
• Ensure compliance with internal policies, industry standards, and regulatory requirements
• Provide support to risk partners in the coordination and execution of business process mapping initiatives
• Prepare and distribute status reports and management updates related to business process mapping initiatives

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:

$60,532.00 USD

50th Percentile:

$86,350.00 USD

Incentive Pay Plans:

This job is not incentive eligible.

Location:

Birmingham, 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.