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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At Regions, the Risk Analyst performs routine risk analyst duties as a 1st or 2nd line of defense function for the bank under direct supervision. This Risk Analyst will assist more experienced analysts in the coordination of internal and external parties to conduct financial reporting, controls, policy and procedure documentation, governance activities, and regulatory compliance. This role will also assist in improving and providing regular updates of various practices, reports, policies, and procedures within the department.
Conducts routine or non-complex identification, measurement, mitigation, monitoring, and reporting
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 straightforward problems and analyzes possible solutions using standard procedures
Builds knowledge of the organization, processes, and customers
May assist with financial stress testing simulations
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 risk management or business related field OR four (4) years of risk management or related experience will substitute for degree
Skills and Competencies
Knowledge of fundamental risk theories, principles, and concepts
Ability to coordinate with team members to gather and analyze data
Proficient oral and written communication skills
Solid interpersonal skills
Effective time management skills
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 skills 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)
Understanding of contracting and processing management skills
Knowledge of Vendor Management lifecycle
Ability to manage multiple responsibilities to meet tight deadlines
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
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.