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.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.

Job Description:

At Regions, the Operational Risk Group Manager is responsible for managing risk that faces the Bank in its day-to-day operations. This position develops strategy and ensures effective implementation of the operational risk management program. Additionally, this group oversees key risk indictors and limits exposure due to various operational risk factors. This position may be responsible for enterprise-wide or specific line of business operational risk initiatives.

Primary Responsibilities

Manages the design, development, and implementation of major operational risk initiativesEnhances risk management policies and procedures within the BankCollaborates with teams in evaluating emerging technologies and methods, recommending changes and communicating with stakeholders when necessary to enhance the operational risk management programImplements and oversees various Enterprise and Non-Financial risk programsConducts routine monitoring, challenge, and oversight of operational risks across the businessPartners with business units as necessary to advise on significant new initiativesRemains knowledgeable of current trends and determines how they may impact operational risk management strategies within the Bank or specific line of businessManages the development of risk valuation models and measuresPartners with business unit leaders when necessary to ensure plans, priorities, and challenges are appropriately addressedFosters a culture of trust and accountability, ensuring that teams are equipped with the knowledge, training, and tools to effectively manage riskMay collaborate with shared services analytics teams to ensure robust models are in place to address needsMay contribute to the strategy and success of Non-Financial Risk Management (NFRM) programs such as Third-Party Risk (TPRM), Sarbanes-Oxley (SOX) controls, Operational Loss, Operational Risk & Control Self-Assessment, Scenario Analysis, and Enterprise Risk Testing (ERT)Manages operational risk appetite through effective strategy developmentMay be responsible for ensuring that third-party engagements are managed within the Bank’s risk appetite

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

This position is incentive eligible.

Requirements

Bachelor’s degree in related fieldFourteen (14) years of related experience, preferably in Risk ManagementThree (3) years of supervisory/management experience

Preferences

Master’s degree in related fieldCertified Public Accountant (CPA), Chartered Financial Analyst (CFA), or other applicable certifications

Skills and Competencies

Ability to effectively manage teamsAbility to work under pressure and meet deadlinesAdvanced skills in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)Advanced verbal, written communication, and organizational skillsStrong leadership and relationship-building skillsStrong project management skillsStrong 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.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:

$164,990.10 USD

Median:

$245,840.00 USD

Incentive Pay Plans:

This role is eligible to participate in the annual discretionary incentive plan. Employees are eligible to receive a discretionary award based on individual, business, and/or company performance.Opportunity to participate in the Long Term Incentive Plan.

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

Paid Vacation/Sick Time401K with Company MatchMedical, Dental and Vision BenefitsDisability BenefitsHealth Savings AccountFlexible Spending AccountLife InsuranceParental LeaveEmployee Assistance ProgramAssociate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.

https://www.regions.com/welcometour/benefits.rf

Location DetailsRegions Center

Location:Birmingham, Alabama

Bring Your Whole Self to Work  

   

We have a passion for creating an inclusive environment that promotes and values the differences that make each of us stand out as unique individuals and help provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where all people can do their best work and thrive is the right thing to do.

   

OFCCP Disclosure: Equal Opportunity Employer/Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.