Talent.com
Operational Risk Analyst

Operational Risk Analyst

Regions FinancialBirmingham, AL, US
job_description.job_card.variable_days_ago
serp_jobs.job_preview.job_type
  • serp_jobs.job_card.full_time
job_description.job_card.job_description

Job Description

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.

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
  • 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
  • Reviews and challenges metrics and investigates metric breaches
  • 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.

Requirements

  • Bachelor's degree in Business, Finance, Engineering, Quantitative, Risk or related field and three (3) years of experience in risk management, consulting, technology, business analytics, data management or financial industry
  • Or High School Diploma or GED and seven (7) years of experience in risk management, consulting, technology, business analytics, data management or financial industry

    • Preferences

  • Knowledge of Enterprise Governance, Risk Management and Compliance (EGRC) technologies
  • Knowledge of the Committee of Sponsoring Organizations (COSO) framework, digital compliance, data management standards, financial statement reporting risk, internal controls, and United States generally accepted accounting principles (GAAP)
  • Experience with data visualization and programming software (e.g. Structured Query Language / SQL, Python, R, Power Business Intelligence / Power BI, or related database reporting software)
  • Exposure to Agile practices and tools
  • Prior experience with performance improvement work
  • Certified Public Accountant (CPA), if responsible for Sarbanes-Oxley program design

    • Skills and Competencies

  • A self-starter with high level of intellectual curiosity
  • Advanced proficiency with Microsoft Products (Excel, PowerPoint, Power BI, Teams, Visio, SharePoint)
  • Effective communication skills, both developing deliverables and presenting to professionals at all levels
  • Effective negotiation skills
  • Familiarity with financial and / or non-financial risk management strategies
  • High degree of problem-solving skills with ability to understand processes and technology enablement
  • Practical knowledge of enterprise and operational risk management framework and principles
  • Solid project management and multi-tasking skills with demonstrated ability to manage expectations and deliver results
  • Working knowledge of risk and control self-assessment methodologies, process, and tools

    • 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 : $60,718.90 USD

    Median : $77,750.00 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 Time
  • 401K with Company Match
  • Medical, Dental and Vision Benefits
  • Disability Benefits
  • Health Savings Account
  • Flexible Spending Account
  • Life Insurance
  • Parental Leave
  • Employee Assistance Program
  • Associate 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.

    Location Details

    Location : Birmingham, Alabama

    Equal Opportunity Employer / including Disabled / Veterans

    serp_jobs.job_alerts.create_a_job

    Risk Analyst • Birmingham, AL, US