Birmingham, AL, United States of America
8 hours ago
Operational Risk Program Management Analyst - Operational Loss

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 Programs Analyst is responsible for the design of various programs that are aligned with industry and regulatory standards. This role partners cross-functionally with other areas across the bank to ensure efficient implementation, execution and continuous monitoring of the programs. This role is also responsible for maintaining reports that aid in the detection of possible key risks and determining solutions to prevent any future risks.

Primary Responsibilities

Designs program(s) to meet industry and regulatory standards, including the methodology and approach, process, tools and documentationDesigns programs and solutions to control key risks and issues within the companyAssists risk and control owners across the enterprise in program implementation, execution and continuous monitoringPartners with cross-functional teams in pursuing continuous improvement opportunitiesCreates program reportingDesigns learning content and materials in accordance with the operational risk framework, methodology, standards and controlsEnsures that learning content is aligned with regulatory expectations and industry best practicesFollows change management protocols for program and/or content changesPartners with other risk technology teams to create existing tools aligned with business requirements that will support strategic program objectivesAssists in designing technology enabled programs for the automation and simplification of complex manual processes

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

This position may be filled at a higher level depending on the candidate's qualifications and relevant experience

This position will work a hybrid schedule with a combination of in-office and remote work

Requirements

Bachelor’s degree in Business, Finance, Risk Management or related field

Preferences

General knowledge and understanding of regulatory compliance requirements surrounding BASEL, risk appetite and stress testingGeneral knowledge of enterprise and operational risk management framework and principles

Skills and Competencies

Ability to research, analyze data, and derive factsAbility to work under direct guidanceAbility to articulate basic concepts in a clear mannerAbility to work in a fast-paced environmentProficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)Good verbal, written and interpersonal communication skillsGood work ethic and self-motivation

*This position may be filled at a higher level depending on the candidate's qualifications and relevant experience.

Additional job detail for this specific opportunity

Research and document Operational Losses on a recurring basis and conduct associated financial impact analysis leveraging internal systems to aggregate Loss EventsPublish internal reporting on operational loss and Scenario Analysis activity to the governing committees and organizational leadershipPerform data collection and quantitative analysis for the Capital Planning Operational Loss Estimation processesCreate, maintain, and enhance enterprise-wide dashboards and reports for data analysis and visualization to support the Operational Loss and Scenario Analysis ProgramsWork closely with 1st and 2nd Line Risk Partners to investigate operational loss origination methods, identify root-cause characteristics, and assess "what-if" scenarios to determine potential risk to the Bank

Additional preferences

Knowledge of PowerBI, R Code, GRC Reach (Archer), or Confluence and JIRA would be a plus.

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:

$47,610.20 USD

Median:

$61,410.00 USD

Incentive Pay Plans:

This job is not incentive eligible.

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 everyone, regardless of background, 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.

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