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 Corporate Banking Group Quality Assurance Administrator is responsible for executing 1st line of defense assurance reviews to ensure adherence to risk appetite statements and the accuracy of information feeding the Bank's financial statements. To accomplish the objectives, the administrator will individually participate or lead a review team through the analysis of regulatory compliance, credit policy adherence, underwriting quality, risk rating accuracy, processes, and procedure adherence, and validating corrective actions committed to assurance partners are complete, effective, and sustained.
Primary Responsibilities
Conducts credit, operational and compliance risk assessments for business units within the Corporate Bank
Analyzes individual loan transactions for risk rating accuracy, policy compliance and prudent credit risk management practices
Conducts process/procedure risk assessments and corrective action validation reviews
Owns the testing, evaluation, and remediation of operational, compliance, and credit risk/loss events including root cause analysis and process improvement recommendations; may create, oversee, and monitor remediation plans
Maintains proficient documentation and reports to management key findings and recommendations regarding potential issues
Leading reviews includes:
Designs review scope
Identifies population and sample set
Ensures review team members are trained in advance of review commencement
Assigns review responsibilities
Oversees the execution of review, perform analysis and review of work submitted by others
Writes the final review report
Conducts review of the report with management of area reviewed
Participates in remediation activities as needed
Serves as a review team member, as needed
Follows established guidelines and identifying and resolving straightforward problems
May own or help support one or more controls, processes, reports, procedures, or products
May maintain ownership of transaction testing reviews performed by third party vendors
May own defined controls and control testing
May lead targeted and/or remediation reviews
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 Accounting, Finance, or a related field and three (3) years of risk management or quality assurance/control experience in relevant disciplines such as commercial/corporate/specialized lending, credit administration, credit review, or regulatory agency
Or High School Diploma or GED and seven (7) years of risk management or quality assurance/control experience in relevant disciplines such as commercial/corporate/specialized lending, credit administration, credit review, or regulatory agency
Skills and Competencies
· Ability to research, analyze data, and derive facts
· Excellent verbal and written communication skills
· Experience in writing risk management review reports
· Strong credit analysis skills
· Strong work ethic and self-motivation
This position may be filled at a higher level depending on the candidate's qualifications and relevant experience.
Real Estate Banking Experience preferred
Credit Experience preferred
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:
$65,113.40 USD
Median:
$92,860.00 USD
Incentive Pay Plans:
This job is not incentive eligible.
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/about-regions/welcome-portal/benefits
Location Details
Regions Center
Location:
Birmingham, Alabama
Equal Opportunity Employer/including 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.
