Risk Testing Analyst: Compliance & Controls Expert

Regions Bank; Birmingham (AL); On-site; USD 65,000 - 95,000; Full time

Job summary

Regions Bank is seeking an Enterprise Risk Testing Analyst in Birmingham, AL, to serve as a second line of defense in risk management. The role focuses on developing and maintaining a program infrastructure to measure, monitor, and report compliance with applicable laws, regulations, and internal policies.

Ideal candidates will own complex processes or reports, and apply analytical expertise to ensure controls are operationally effective.

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

Job description

Regions Bank is seeking an Enterprise Risk Testing Analyst in Birmingham, AL, to serve as a second line of defense in risk management. The role focuses on developing and maintaining a program infrastructure to measure, monitor, and report compliance with applicable laws, regulations, and internal policies.

Ideal candidates will own complex processes or reports, and apply analytical expertise to ensure controls are operationally effective.