What's Happening?
Regions Bank is hiring an Enterprise Compliance and Operational Risk Function Manager in Atlanta, Georgia. The role involves implementing a risk management framework and advising on business and product decisions to ensure alignment with organizational
risk standards. The manager will design and oversee risk programs, lead initiatives to mitigate emerging risks, and assist with regulatory exams and audits. The position requires a bachelor's degree and extensive experience in risk, audit, or related oversight functions. Preferred qualifications include certifications such as Certified Fraud Examiner and knowledge of key federal acts and banking regulations.
Why It's Important?
This hiring reflects Regions Bank's focus on strengthening its compliance and risk management capabilities, which are critical in navigating the complex regulatory landscape of the banking industry. By enhancing its risk management framework, Regions Bank aims to proactively address potential risks, including cybersecurity and artificial intelligence. This strategic move could improve the bank's operational resilience and regulatory compliance, ultimately protecting its reputation and financial stability. The emphasis on training and developing risk awareness among business units further highlights the bank's commitment to fostering a culture of compliance.
