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Regions Bank · 2 days ago

Wealth Management Operational Risk Analyst

Birmingham, AL

Full-time

Onsite

Mid, Senior Level

$82K/yr - $104K/yr

5+ years exp

Regions Bank is dedicated to providing a career-focused environment for its associates. The Wealth Management Operational Risk Analyst is responsible for ensuring compliance with regulatory and legal requirements while managing operational risks within the Wealth Management business unit.

BankingInsurance

Responsibilities

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 level operational risk associates

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

Qualification

Risk managementAnalytical skillsCompliance knowledgeFinancial services experienceProject managementAttention to detailCommunication skillsOrganizational skillsTime managementCritical thinking

Required

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

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

Preferred

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

Benefits

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

Company

Regions Bank

Glassdoor3.6

Regions Financial Corporation is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services.

Founded in 1971

Memphis, Tennessee, USA

10001+ employees