Business Unit Operational Risk Function Manager
- Location
- Charlotte, NC - Charlotte Uptown Branch; Hoover, AL - Riverchase North Building (Birmingham, AL)
- Work mode
- On-site
- Employment type
- Full-time
About the job
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 Risk Function 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
- Conducts compliance reviews and provides oversight of legal entities, business units, and processes
- Maintains documentation and reports to management regarding compliance and potential issue
- Provides requested information to regulatory agencies and monitors compliance with applicable laws and regulations
- Provides 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
- Monitors, evaluates, remediates 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
- Seven (7) 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
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: $106,178.60 USD Median: $144,210.00 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. 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 Uptown Location: New Orleans, Louisiana
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.
From Regions Financial's careers page (Workday), checked 9 Nov 2026.
How to apply
- Select Apply on regions.com. It opens Regions Financial's own application form in a new tab, run on Workday.
- Fill in the form and upload your résumé there. Jobiwork never sees your application.
- Regions Financial will reply to you directly. No real employer asks you for money to apply.
Posted 9 Nov 2026 · checked 9 Nov 2026 · Report this job