Wealth Management Operational Risk Analyst

Thank you for your interest in a career  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.

At Regions, the Business Unit Operational Risk Analyst works within a given line of business to help ensure the line of business operations are conducted in compliance with regulatory and legal requirements and per the organization’s policy. The analyst works as part of the first line of defense team and alongside the first line, second line and enterprise support units to ensure the effective execution of the Operational Risk Framework across the assigned business line.

• Conducts compliance reviews and provides oversight of legal entities, business units and processes
• Maintains documentation and reports to management regarding compliance and potential issues
• Provides analysis of the execution of our operational risk management framework, including: risk and control self-assessments, new initiative risk assessments, operational risk/loss events, scenario analysis, emerging risk identification, and front line risk assessments
• Analyzes compliance processes and reports to management, comparing current process with identified process and policy
• Analyzes and tests assigned business initiatives for adherence to policy
• Assists in the review of contracts, agreements and statements of work
• Prepares and maintains risk management documentation and risk reports
• Provides timely update of operational risk issues and decisions to managers
• Leads development of the overall risk assessment program and action plans to mitigate operational risks
• May supervise day-to-day work of other professional development operational risk associates

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

• Bachelor’s degree in a related field and five (5) years' experience in finance, risk or operations, with experience in the specific business line operations
• Or High School Diploma or GED and nine (9) years' experience in finance, risk or operations, with experience in the specific business line operations

• Attention to detail
• Excellent analytical and management reporting skills
• Excellent communications skills
• Organizational and time management skills

The Business Unit Operational Risk Analyst will work within Wealth Management Risk Control to help ensure that new initiatives and emerging and existing issues are managed in compliance with regulatory and legal requirements per the organization’s policy. The strategic and innovative-driven analyst will support Wealth Management Risk Control with new initiatives driven by the enterprise as well as manage emerging issues across Wealth Management Risk Control.

This role requires a proactive problem solver with strong analytical skills and the ability to collaborate across departments to drive impactful outcomes. The analyst will work in the first line across the lines of business in Wealth Management Risk Control.

• Develops and implements strategic initiatives
• Monitors and assesses organizational issues and recommends solutions
• Collaborates with stakeholders to align initiatives with business goals
• Tracks progress and measures impact of initiatives
• Tracks progress and measures impact of issues
• Facilitates cross-functional communication and issues resolutions

• CCEP or CFIRS preferred.
• Background in financial services strategy, operations, compliance, or risk management.

• Risk management
• Project management
• Strong critical thinking skills
• Ability to manage multiple priorities
• Experience in issue tracking and resolution
• Comfortable working in fast-paced, dynamic environments

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

Pay ranges are…