Regions Bank Operational Risk 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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Job Description:

At Regions, the Operational Risk Analyst is responsible for general operational risk analyst duties (identification, measurement, mitigation, monitoring, and reporting) and routine assignments under direct supervision. This position may also design and/or develop risk programs or risk models for the Bank.

Primary Responsibilities

  • 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

  • Maintains necessary training to well informed of regulatory and industry practices

  • Works with senior analysts 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 routine assessments of business unit exposures, identifying risks, evaluating their potential impact and reviewing the strengths and weaknesses of the firm's existing controls

  • 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

  • Knowledge of risk and control self-assessment methodologies, process, and tools

  • Knowledge of enterprise and operational risk management framework and principles

  • Proficiency with Microsoft Office

  • Familiarity with financial and/or non-financial risk management strategies

  • Effective interpersonal and organizational skills

  • Effective verbal, written, and presentation skills

  • Familiarity with remediation and mitigation strategies


Birmingham, Alabama


About Regions

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

  • Reach higher

  • Enjoy life

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.