Enterprise Risk Testing Analyst - Consumer

Description

At Regions, the Enterprise Risk Testing Analyst is a second line of defense risk management function that ensures the development and maintenance of a strong risk culture by developing and maintaining a program infrastructure that measures, monitors, and reports compliance with applicable laws, regulations and rules that govern a specific line of business and / or adherence to policies and procedures to ensure controls established are operationally effective to mitigate risk. Associates at this level are expected to contribute to work-flow or process changes and redesign, and to form a strong understanding of the specific product or process with a specific line of business. Focus is on the execution within defined parameters, with some expansion based on developing capabilities and / or experience.

Primary Responsibilities

• Maintains strong knowledge of rules and regulations and their impact on products, services and operations for a specific line of business or program
• Maintains strong knowledge of Regions products and services, as well as systems supporting them, to evaluate if the products / services and systems are performing as designed to meet regulatory requirements and are operating effectively
• Maintains strong knowledge and understanding of risk management concepts around risks and controls and key operational processes
• Assists with the administration of a monitoring and testing program to report on effectiveness of controls against expected outcomes to meet all applicable laws and regulations or operational processes
• Establishes partnerships with key stakeholders to effectively execute testing activities
• Conducts transaction testing activities, analyzes results and documents findings
• Drafts summary of testing results for distribution to key stakeholders
• Performs various administrative duties including quality assurance reviews and training of more junior associates on occasion

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

Requirements

Skills and Competencies

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 :

56,006.50 USD$78,050.00 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 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.

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.

Location Details

Regions Center

Location : Birmingham, Alabama

Equal Opportunity Employer / including 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.