Regions Financial Corporation Birmingham , AL 35202
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 for a set period of time. You may review, modify, or update your information by visiting and logging into the careers section of the system.
At Regions, the Risk Analyst performs intermediate risk analyst duties.
Solves a range of straightforward problems and analyzes possible solutions using standard procedures
Builds knowledge of the organization, processes and customers
This position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay.
College Degree or equivalent work experience
Five (5) years experience
The Due Diligence and Ongoing Monitoring Analyst within Third Party Risk Management (TPRM) plays a pivotal as a second line of defense in supporting program stakeholders by providing guidance on the Third Party program and framework, specifically, Due Diligence Assessments, activities within the Ongoing Monitoring phase of the program, and reporting on program activities.
Conducts moderately complex identification, measurement, mitigation, monitoring, and reporting
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.
Stays well informed of regulatory and industry practices
Solves a range of problems and analyzes possible solutions using standard procedures
Builds advanced knowledge of the organization, processes, and customers
May serve on related working groups
Provide guidance and support to stakeholders on the execution of an effective TPRM program
Perform effective Country and Fourth Party Risk Assessments consistently against the documented methodology
Identify issues within the Country and Fourth Party Assessments and escalate timely
Aid in creation of process procedures and challenge existing procedures to drive efficiency
Documentation of Program Findings in accordance with the documented methodology and Framework.
Adhere to the applicable SLAs
Provide Administrative Support to Business Units with Ongoing Monitoring (OGM) process, including oversight of the OGM scorecards and termination TPQs with identification of issues and escalation matters.