Enterprise Risk Testing Analyst - Consumer

Regions Bank

Atlanta (GA)

On-site

USD 72,864 - 103,810

Full time

14 days+

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Benefits offered by this job

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

Job summary

Regions Bank is looking for a Financial Risk Manager in Atlanta, Georgia. This role involves managing compliance and operational risk, including testing activities and resolving complex issues using advanced risk management knowledge.

The ideal candidate should possess a Bachelor's degree with 5 years' experience in relevant risk functions. The role demands strong analytical skills, leadership capabilities, and proficiency in Microsoft Office, offering competitive pay and excellent benefits.

Qualifications

5 years in Compliance, Operational Risk or related function.
9 years in Compliance, Operational Risk or related with High School Diploma.

Responsibilities

Serve as SME in compliance and operational risk.
Assist in the administration of a monitoring program.
Conduct transaction testing activities and document findings.
Collaborate with stakeholders on testing program execution.

Skills

Mentoring and Training

Data Analysis

Team Collaboration

Independent Work

Deadline Management

Leadership

Microsoft Office Proficiency

Communication Skills

Education

Bachelor’s degree in relevant field

High School Diploma with relevant experience

Job description

Financial Risk Manager (FRM)

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
Performs and participates in various projects as needed
Identifies and implements automated testing and data analytics activities

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

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
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

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 And Competencies

Ability to mentor and train junior associates
Ability to research, analyze data, and derive facts
Ability to work in a team environment when applicable
Ability to work 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 Type

Full time

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.

Minimum: $72,864.55 USD
Median: $103,810.00 USD
This job may participate in an annual discretionary bonus plan.

Benefits Information