Regions Bank Technology Vendor Analyst in Hoover, Alabama

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 Risk Analyst performs advanced risk analyst duties as a 1st or 2nd line of defense function for the bank under minimal supervision. This Risk Analyst will lead the coordination efforts with internal and external parties to conduct financial reporting, controls, policy and procedure documentation, governance activities, and regulatory compliance. Additionally, the analyst will develop and implement independent reporting and/or financial analysis to assist in the Risk team’s oversight role. This role will also lead improvement efforts and provide regular updates of various practices, reports, policies, and procedures within the department. This role may serve as a team/project lead to lesser experienced analysts.

Primary Responsibilities

  • Oversees the day-to-day 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

  • Leads 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 and alerts team of updates

  • Solves a range of standard-complex problems and analyzes possible solutions using standard procedures

  • Works towards mastery of knowledge of the organization, processes, and customers

  • May serve on related committees and/or working groups

  • May perform financial stress testing simulations

  • Considered subject matter expert in associated risk and risk management methodology

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

Requirements

  • Bachelor’s degree in Risk Management, Finance, or Business related field

  • Seven (7) years of related experience

Skills and Competencies

  • Advanced knowledge of fundamental risk theories, principles, and concepts

  • Ability to coordinate with team members to gather and analyze data

  • Advanced oral and written communication skills

  • Strong interpersonal skills

  • Exceptional time management skills

Additional Responsibilities:

  • Provide guidance and support to Technology stakeholders on the execution of an effective Technology Vendor Management program

  • Provides guidance on Technology vendor engagement and contract requirements

  • May coordinate project/change management, design, implementation and relationship management

  • May create presentations, job aids, training materials, and reporting tools

  • Interfaces with Corporate Procurement and Legal to deliver effective contract outcomes

Desired Experience and Competencies:

  • Self-starter with the ability to work independently

  • Analytical thinker with the ability to transfer ideas and best practices between projects

  • Ability to develop and communicate a point of view on responsibilities or issues that arise

  • Effective Communicator with the ability to demonstrate command of the Technology Vendor Management Program

  • Ability to build strong partnerships with stakeholders (Business Units and SMEs)

  • Strong understanding of contracting and processing management skills

  • Advanced knowledge of Vendor Management lifecycle

  • Ability to manage multiple responsibilities to meet tight deadlines

Location:

Hoover, Alabama

EEO/AA/Minorities/Females/Disabled/Veterans

About Regions

At Regions, our culture focuses on five core values that are a commitment to how we will do business:

  • Put people first

  • Do what is right

  • Focus on your customer

  • Reach higher

  • Enjoy life

Through these values, our mission to make life better drives our desire to improve and make a positive difference in the communities where we work and live through financial investments and volunteering.

EEO/AA/Minorities/Females/Disabled/Veterans