Corporate Banking Group Quality Control Administrator
Regions Bank
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.
At Regions, the Corporate Banking Group Quality Control 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
· Ownership of transaction testing reviews performed by third party vendors
· 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
· Owns defined controls and control testing
· Leads targeted reviews
· 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
· Responsible for following established guidelines and identifying and resolving straightforward problems
· May own or help support one or more controls, processes, reports, procedures, or products
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
· Strong credit analysis skills
· Excellent verbal and written communication skills
· Experience in writing risk management review reports
· Ability to research, analyze data, and derive facts
· Strong work ethic and self-motivation
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:
$64,019.45 USD50th Percentile:
$94,790.00 USDIncentive Pay Plans:
This job is not incentive eligible.Location:
Birmingham, AlabamaEqual 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.