Compliance Risk Testing Analyst

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career - a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.Job Description:At Regions, the Compliance 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 Responsibilities

Serves as subject matter expert in compliance risk to effectively execute testing activities

Maintains advanced knowledge of rules and regulations and their impact on products, services, and operations for a specific line of business or program

Maintains 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 effectively

Maintains advanced knowledge and understanding of risk management concepts around risks and and impacts to 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 internal processes

Focuses on the resolution of complex problems or transactions, where expertise is required to interpret the results against policies, guidelines, or processes

Conducts transactional testing activities, analyzes results and documents findings

Drafts summary of testing results for distribution to key stakeholders

Collaborates with key stakeholders in executing the testing program

Supervises day-to-day work of other professional level risk testing associates on occasion

Assists in oversight activities for the team as needed

Performs and participates in various projects as needed

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

Bachelor’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 program

Or 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 program

Preferences

Relevant 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) Licenses

Skills and Competencies

Ability to mentor and train junior associates

Ability to research, analyze data, and derive facts

Ability to work in a team environment when applicable

Ability to work independently, with limited guidance

Ability to work under pressure and meet deadlines

Demonstrated leadership capabilities

Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)

Strong verbal, written communication, and organizational skills

Strong work ethic and self-motivation

Position 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.The target information listed below is based on the national range and level of the position.Job Range Target:Minimum:$68,467.50 USDMedian:$99,580.00 USDIncentive Pay Plans:This job is not incentive eligible.Benefits InformationRegions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for 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. To learn more about Regions’ benefits, please click or copy the link below to your browser.https://www.regions.com/welcometour/benefits.rfLocation DetailsRiverchase OPS CenterLocation:Hoover, AlabamaBring Your Whole Self to WorkWe have a passion for creating an inclusive environment that promotes and values diversity of race, color, national origin, religion, age, sexual orientation, gender identity, disability, veteran status, genetic information, sex, pregnancy, and many other primary and secondary dimensions that make each of us unique as individuals and provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work is the right thing to do.OFCCP Disclosure: Equal Opportunity Employer/Disabled/Veterans