Operational Risk Manager - Capital Markets

Regions Bank - Atlanta, GA3.7

Full-timeEstimated: $86,000 - $110,000 a year
At Regions, the Business Unit Operational and Business Risk Manager II serves as a connection between the first line, second line and enterprise support units to ensure the effective execution of the Operational Risk Framework across the specified business line group.

Primary 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 requested information to regulatory agencies and monitors Sarbanes Oxley, BSA/AML and OFAC compliance. Maintains business unit RACI chart.
Provides guidance to first line, second line, and enterprise support units on the effective execution of 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.
Manages multiple compliance processes, comparing current process with identified process and policy. Reports to management and provides recommendations for error prevention.
Leads the evaluation and remediation of operations risk/loss events including root cause analysis and process improvement recommendations. Monitors remediation plans.
Analyzes new business initiatives and projects and manages risk-related changes.
Coordinates business continuity plans and conducts annual training and business impact analysis testing.
Conducts quality control audits, working with business line Operations departments. Serves as liaison to internal and external auditors and Regions Data Foundation.
Work with business unit to understand business, drivers, concerns, future plans and offer support to mitigate risk.
Conducts presentations and workshop sessions on risk identification and mitigation. Maintains policy and procedures documentation.
Ensures continuous improvement in operating procedures to avoid risks.
Ensures compliance with vendor risk management policy and regulations. Reviews and analyzes contracts, agreements and statements of work.
This position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay.


Bachelor’s degree in a related field
Twelve (12) years' experience in finance, risk or operations, with significant specific experience in business line operations or underwriting
Skills and Competencies

Excellent analytical and management reporting skills
Excellent communications skills
Organizational and time management skills
Attention to detail

Atlanta, Georgia