Operational Risk Function Manager - Strategy and Governance

Birmingham, Alabama
Sep 14, 2023
Oct 15, 2023
Full Time

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 Operational Risk Function Manager is responsible for ensuring that risk management is effectively implemented and executed within business operations through collaboration as a subject-matter expert and providing input on business and/or product decisions.

Primary Responsibilities

  • Contributes to the design, development, and implementation of major operational risk programs, policies, and procedures
  • Monitors, evaluates, and remediates operations risk/loss events including root cause analysis and process improvement
  • Maintains documentation and reports to management regarding execution and potential pain points, providing recommendations for error prevention
  • Provides requested information to regulatory agencies and monitors relevant compliance when necessary
  • Analyzes new business initiatives/projects and manages risk-related changes
  • Conducts annual training for stakeholders and provides advice/guidance on execution of operational risk management
  • Conducts presentations and workshop sessions on risk identification and mitigation
  • Monitors operational risk management program for compliance with all applicable laws and regulations
  • Remains current on evolving risks and trends related to operational risk
  • May serve as a liaison to internal and external auditors and Regions Data Foundation

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.


  • Bachelor's degree in a related field or seven (7) years of experience in Finance, Risk Management, Operations, or related field
  • Or High School Diploma or GED and eleven (11) years of experience in Finance, Risk Management, Operations, or related field

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

* Familiarity with Risk Management Programs and ability to train team members and business partners

* Ability and comfort presenting to regulatory agencies

* Familiarity with project management tools (e.g. JIRA) to guide strategies and priorities team oversight activities in alignment with strategy

* Familiarity with data governance and ability to provide oversight and challenge to business partners leveraging data and analytics

Position Type

Full time

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. 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.


Location Details

Regions Center


Birmingham, 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