Regions Bank Operational Risk Analyst - Fraud/Data Analytics 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 Operational Risk Analyst is responsible for intermediate operational risk analyst duties (identification, measurement, mitigation, monitoring, and reporting) and moderately complex assignments under some supervision. This position may also design and/or develop risk programs or risk models for the Bank.
Coordinates with internal and external parties in risk management across various areas including financial reporting, stress testing, controls, policy and procedure documentation, governance and reporting activities, and regulatory compliance
Assists in improving and providing regular updates of various practices, reports, policies, and procedures with the Risk Management department
Enhances team processes and updates policies to reflect improvements
Maintains necessary training to well informed of regulatory and industry practices
Works to limit risk exposure including those resulting from human error, transaction, processing failure, external events, threats to information systems, data integrity and fraudulent activities
Conducts assessments of business unit exposures, identifying risks, evaluating their potential impact and reviewing the strengths and weaknesses of the firm's existing controls
Continuously monitors control compliance and prevalent risk environment to ensure that exposures are kept at acceptable levels
May assist in developing metrics, models and tools to create and analyze Operational Risk Loss Estimates and other capital planning documentation
May design, develop, and implement independent reporting and/or financial analysis to assist in the Risk team’s oversight role and may design and deliver executive – level presentations
This position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay.
Bachelor’s degree in Risk Management or business related field
Three (3) years of experience in risk management, public accounting, or financial industry
Knowledge of Excel and/or statistical/ mathematical software (e.g. Matlab) and Visio
Knowledge of eGRC (Governance, Risk, Compliance) technologies
Knowledge of the COSO framework, Sarbanes-Oxley Act, financial statement reporting risk, internal controls, and US GAAP
Experience with SAS, SQL, PowerBI, or related database reporting software
Certified Public Accountant (CPA), if responsible for the Sarbanes-Oxley program design
Skills and Competencies
Working knowledge of risk and control self-assessment methodologies, process, and tools
Practical knowledge of enterprise and operational risk management framework and principles
Advanced proficiency with Microsoft Office
Familiarity with financial and/or non-financial risk management strategies
Solid interpersonal and organizational skills
Effective verbal, written, and presentation skills
Solid remediation and mitigation strategies
Solid project management and multi-tasking skills with demonstrated ability to manage expectations and deliver results
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.