Risk Analyst

Description

:

At Regions, the Risk Analyst performs advanced risk analyst duties as a first or second- line of defense function for the bank. This position will lead the coordination efforts with internal and external parties to conduct financial reporting, controls, policy and procedure documentation, governance activities, and regulatory compliance. Additionally, this position will develop and implement independent reporting and/or financial analysis to assist in the Risk team’s oversight role. This role will assist in improvement efforts and provide regular updates on various practices, reports, policies, and procedures within the department.

Primary Responsibilities

• Conducts moderately complex identification, measurement, mitigation, monitoring, and reporting tasks
• Designs, develops, and reports independent analyses that provide greater insight into risk exposures and mitigation efforts
• Enhances team processes and updates policies and procedures to reflect improvements
• Participates in the team’s preparation and involvement in regulatory examinations, which may include the annual Federal Reserve stress tests, examinations, etc.
• Remains well informed of regulatory and industry practices
• Resolves a range of problems and analyzes possible solutions using standard procedures
• Builds advanced knowledge of the organization, processes, and customers
• May serve on related committees and/or working groups
• May perform financial stress testing simulations
• May offer advice and guidance to junior analysts on occasion

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, Risk Management, or related field
• Four (4) years of related experience
• Working knowledge of fundamental risk theories, principles, and concepts

Skills and Competencies

• Ability to learn additional systems as needed
• Ability to research, analyze data, and derive facts
• Ability to work in a team environment when applicable
• Ability to work under moderate guidance
• Ability to work under pressure and meet deadlines
• Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
• Strong verbal, written communication, and organizational skills
• Strong work ethic and self-motivation
• Measures and monitors data quality, designs, and executes remediation plans, maintains, and supports applicable data management standards
• Implements and supports data quality requirements as designed by the Data Owner, including the business rules and movement controls
• Reviews data quality issues, perform analysis, recommend fixes, and/or report timely any breaches of thresholds to Data Owners, Data Consumers, and escalate as needed to Enterprise Data Management (EDM)
• Manages and resolves or remediates data issues identified by Data Owners and Data Consumers
• Manages, executes and tracks data quality remediation plans in coordination with all stakeholders
• Collects and updates business metadata and references data for the data they are assigned to
• Translates business rules into data quality rules and produces data controls

Additional Desired Skills and Competencies

• Ability to translate business needs into technical solutions
• Ability to work under moderate guidance
• Capacity for day-to-day, hands-on execution
• Experience in data analytics, data profiling and transformations
• Experience with Exact, Transform, Load (ETL) and Lineage tools
• Strong ability to review and analyze data, and identify and resolve problems
• Strong project management skills
• Strong research and problem determination and solution skills
• Strong skills in data analysis - developing macros, scripts, queries to calculate data quality
• Understanding of data architecture practices

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:

$75,155.30 USD$97,470.00 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.

• 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. 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.