Job Information
Regions Bank Enterprise Risk Testing Manager - R2 Compliance in Miami, Florida
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.
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Job Description:
At Regions, the Enterprise Risk Testing Manager 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. This position reports to the Enterprise Risk Testing Group Manager.
Primary Responsibilities
Leads enterprise transactional testing activities by designing and executing an effective transactional testing program to ensure compliance with laws, regulations, processes and procedures
Leads collaboration with Compliance and Non-Financial Risk executives in executing the testing program
Understands Regions’ strategy, emerging risks, and/or new initiatives to inform transactional testing priorities
Manages team of risk testing team leaders and analysts and provides guidance on complex regulatory issues and associated processes and procedures
Mentors and trains testing team members to ensure effective engagement and positions them to succeed
Directs reporting and communication on effectiveness of controls against expected outcomes to meet all applicable laws and regulations or operational processes
Focuses on the resolution of complex problems or transactions, where expertise is required to interpret the results against policies, guidelines or processes
Develops strong partnerships with key stakeholders to ensure adherence to key controls to meet bank strategies
Develops open, transparent and effective relationships and communication protocols with Regions prudential regulators and Internal Audit
Participates in applicable senior management committees
Participates and contributes to Regions’ strategic planning process
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
This position is incentive eligible.
Requirements
Bachelor’s degree or equivalent professional experience
Eight (8) years of experience in Financial Services
Three (3) years in a supervisory/management role
Experience working with regulatory agencies, including Federal Reserve Board (FRB), Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), Consumer Financial Protection Bureau (CFPB), or applicable State Agencies
Preferences
Experience in Compliance, Risk Management, or Audit
Relevant, applicable certifications and/or licenses
Advanced knowledge of compliance and operational risks
Skills and Competencies
Ability to analyze complex organizational and process issues to isolate regulatory or operational risk exposure.
Ability to build constructive relationships with risk stakeholders and manage the multi-dimensional nature of both risk and communications
Ability to develop and maintain productive business relationships with internal partners and external regulators
Ability to effectively apply change management principles
Ability to manage, set objectives, prioritize activities and performance, and manage team of testing analysts
Ability to negotiate and influence others
Ability to research, analyze data, and derive facts
Effective negotiating and influencing skills with experience in conveying complex information to general audiences through training materials, written communications and other means
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
Strong decision-making skills
Strong verbal, written communication, and organizational skills
The R2 Enterprise Risk Testing Manager will provide day to day compliance testing support to the R2 Core Deposit Replacement project.
This individual will provide compliance-related advice and guidance, review test scripts for compliance related controls, review the test results to ensure compliance related testing met the test objective, provide feedback, reporting, and support to the R2 testing team, as well as the R2 compliance team, and escalate concerns as needed.
The individual in this role will possess a background in Compliance as well as Technology testing and/or Change Management, knowledge of relevant laws and regulations, experience in building and executing risk programs, and the acumen/experience to critically challenge business leaders and drive results.
This individual will need to be skilled in navigating and aligning parties across a complex, large, and matrixed initiative.
The individual will have 10+ years of technology testing and Risk and Compliance experience and a proven track record of partnering with business support units/1LOD and driving improved risk awareness and outcomes.
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:
Minimum:
$117,760.00 USD
Median:
$161,170.00 USD
Incentive Pay Plans:
This role is eligible to participate in the annual discretionary incentive plan. Employees are eligible to receive a discretionary award based on individual, business, and/or company performance.Opportunity to participate in the Long Term Incentive Plan.
Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. (https://www.regions.com/about-regions/benefits/benefits-eligibility) 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.rf
Location Details
Regions Center
Location:
Birmingham, Alabama
Bring Your Whole Self to Work
We have a passion for creating an inclusive environment that promotes and values the differences that make each of us stand out as unique individuals and help 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 and thrive is the right thing to do.
OFCCP Disclosure: Equal Opportunity Employer/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.
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