Enterprise Risk Testing Analyst

Regions Financial Corporation; Birmingham (AL); On-site; USD 80,000 - 110,000; Full time

Job summary

Regions Financial Corporation in Birmingham, AL is seeking an Enterprise Risk Testing Analyst to join its second line of defense. You will develop and maintain a program infrastructure that measures, monitors, and reports compliance with laws and regulations impacting a specific line of business, ensuring controls are effective.

The role requires ownership of processes, reports, or programs, with analytical expertise to interpret results and communicate findings to stakeholders.

Qualifications

• Understanding of risk management concepts and control testing.
• Familiarity with regulatory requirements and compliance frameworks.

Responsibilities

• Serves as subject matter expert in compliance and operational risk to effectively execute testing activities.
• Drafts summary of testing results for distribution to key stakeholders.
• Collaborates with key stakeholders in executing the testing program.

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.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.

Job Description:

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 by developing and maintaining a program infrastructure that measures, monitors, and reports compliance with applicable laws, regulations and rules that govern a specific line of business and/or adherence to policies and procedures to ensure controls established are operationally effective to mitigate risk. Associates at this level should have full ownership of one or more processes, reports, procedures, or products, and are considered analytical or procedural experts within a specific line of business, risk area, or program.

Primary 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 systems supporting them, to evaluate if the products/services and systems are performing as designed to meet regulatory requirements and are operating effectively
• Maintains advanced knowledge and understanding of risk management concepts around risks and controls and key operational processes
• Assists with the administration of a monitoring and testing program to report on effectiveness of controls against expected outcomes to meet all applicable laws and regulations or operational processes
• Focuses on the resolution of complex problems or transactions, where expertise is required to interpret the results against policies, guidelines, or processes
• Conducts transaction testing activities, analyzes results and documents findings
• Drafts summary 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

  The position is exempt... etc