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 Business Unit Operational and Business Risk Manager ensures that line of business operations are conducted in compliance with regulatory and legal requirements and per the organization’s policy. This position 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

　　Leads the development of and the conduction of 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 compliance with applicable laws and regulations

　　Serves as senior subject-matter expert in providing 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 several compliance processes, comparing current process with identified process and policy

　　Reports to management and provides recommendations for error prevention

　　Leads the monitoring, evaluation, remediation of operations risk/loss events including root cause analysis and process improvement recommendations,

　　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

　　Works 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

　　Ensures continuous improvement in operating procedures to avoid risks

　　Ensures compliance with vendor risk management policy and regulations, reviewing and analyzing contracts, agreements, and statements of work

　　May maintain business unit Responsible, Accountable, Consulted, and Informed (RACI) chart

　　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 in a related field

　　Ten (10) years of experience in finance, risk, or operations, with significant specific experience in business line operations or underwriting

　　Skills and Competencies

　　Ability to learn additional systems as needed

　　Ability to research, analyze data, and derive facts

　　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

　　· Directs mortgage product reviews and provides oversight of mortgage business unit and processes

　　· Works closely with mortgage executives to understand and advise on key risks associated with each function within the business

　　· Advises leadership on key business and/or product decisions

　　· Provides requested information to regulatory agencies and advises management on potential and ongoing compliance issues

　　· Maintains expert level knowledge of rules and regulations and their impact on mortgage products, services and operations for a specific line of business

　　· Oversees the resolution of complex problems or transactions, where expertise is required to interpret against policies, guidelines or processes

　　· Monitors the overall mortgage business for key risks and escalates issues

　　· May supervise day-to-day work of other professional level mortgage product associates

　　· May contribute to workflow or process change and redesign, and risk and control identification

　　· Bachelor's degree and ten (10) years experience in mortgage , preferably experience in entire mortgage business

　　· Undergraduate degree in Business or related field, preferably Masters degree

　　· Certification in Mortgage (CMB, AMP)

　　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:

　　$125,092.40 USD

　　Median:

　　$189,080.00 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

　　Riverchase Complex North Building

　　Location:

　　Hoover, Alabama

　　Bring Your Whole Self to Work

　　We 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

　　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.