Regions Bank Enterprise Risk Testing Analyst in Birmingham, Alabama
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.
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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 are expected to contribute to work-flow or process changes and redesign, and to form a strong understanding of the specific product or process with a particular line of business. Focus is on the execution within defined parameters, with some expansion based on developing capabilities and/or experience.
Maintains strong knowledge of rules and regulations and their impact on products, services and operations for a specific line of business or program
Maintains strong 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 strong 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
Establishes partnerships with key stakeholders to effectively execute testing activities
Conducts transaction testing activities, analyzes results and documents findings
Drafts summary of testing results for distribution to key stakeholders
May perform various administrative duties including QA reviews, conduct training for more junior associates
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
Bachelor’s Degree and three (3) years’ experience in Compliance, Operational Risk, Quality Assurance/Control, Audit, or other related risk function specific to a line of business or program OR
High School diploma and seven (7) years’ experience in Compliance, Operational Risk, Quality Assurance/Control, Audit or other related risk function specific to a line of business
- Bachelor’s Degree
Skills and Competencies
Good communication skills
Good organizational skills
Good interpersonal skills
Time management skills
Ability to work independently
Ability to analyze and evaluate data and facts
Ability to interact effectively
Ability to multitask and operate in a fast pace environment
Ability to mentor and train more junior associates
Proficiency in Microsoft Office Suite
Technical skills a plus
At Regions, our culture focuses on five core values that are a commitment to how we will do business:
Put people first
Do what is right
Focus on your customer
Through these values, our mission to make life better drives our desire to improve and make a positive difference in the communities where we work and live through financial investments and volunteering.