Job DescriptionAt 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 should have full ownership of one or more processes, reports, procedures, or products, and are considered analytical or procedural experts within a specific line of business, risk area, or program.Primary ResponsibilitiesServes as subject matter expert in compliance and operational risk to effectively execute testing activitiesMaintains advanced knowledge of rules and regulations and their impact on products, services, and operations for a specific line of business or programMaintains advanced 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 effectivelyMaintains advanced knowledge and understanding of risk management concepts around risks and controls and key operational processesAssists 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 processesFocuses on the resolution of complex problems or transactions, where expertise is required to interpret the results against policies, guidelines, or processesConducts transaction testing activities, analyzes results and documents findingsDrafts summary of testing results for distribution to key stakeholdersCollaborates with key stakeholders in executing the testing programSupervises day-to-day work of other professional level risk testing associates on occasionAssists in oversight activities for the team as neededPerforms and participates in various projects as neededIdentifies and implements automated testing and data analytics activitiesRequirementsBachelor's degree and five (5) years of experience in Compliance, Operational Risk, Quality Assurance/Control, Audit, or other related risk function specific to a line of business or programOr High School Diploma and nine (9) years of experience in Compliance, Operational Risk, Quality Assurance/Control, Audit, or other related risk function specific to a line of business or programPreferencesRelevant certifications and/or licenses, such as:Certified Regulatory Compliance Manager (CRCM)Certified Anti Money Laundering Specialist (CAMS)Certified Information Security Auditor (CISA)Financial Risk Manager (FRM)Financial Industry Regulatory Authority (FINRA) LicensesSkills and CompetenciesAbility to mentor and train junior associatesAbility to research, analyze data, and derive factsAbility to work in a team environment when applicableAbility to work independently, with limited guidanceAbility to work under pressure and meet deadlinesDemonstrated leadership capabilitiesProficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)Strong verbal, written communication, and organizational skillsStrong work ethic and self-motivationPosition TypeFull timeCompensation DetailsPay 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.Job Range Target:Minimum: $72,864.55 USDMedian: $103,810.00 USDIncentive Pay Plans: This job may participate in an annual discretionary bonus plan.Benefits InformationPaid Vacation/Sick Time401K with Company MatchMedical, Dental and Vision BenefitsDisability BenefitsHealth Savings AccountFlexible Spending AccountLife InsuranceParental LeaveEmployee Assistance ProgramAssociate Volunteer ProgramLocation DetailsRegions CenterLocationBirmingham, AlabamaEqual Opportunity Employer/including Disabled/VeteransJob 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.#J-18808-Ljbffr
