What are the responsibilities and job description for the Credit Risk Analyst position at Regions?
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 Credit Risk Analyst provides the financial, quantitative, and statistical analysis necessary to properly manage Regions credit risk. This position establishes the strong foundation of credit risk management. The individual will work within Regions risk framework to identify, measure, mitigate, monitor and report on consumer credit portfolios.
Primary Responsibilities
Conducts moderately complex identification, measurement, mitigation, monitoring, and reporting tasks
Develops periodic reports regarding company risk profile
Analyzes and comments on market and portfolio
Participates in the implementation of risk valuation models
Evaluates, synthesizes, organizes, and interprets data and information
Questions, examines, compares, and confirms results
Develops and presents recommendations in Microsoft PowerPoint
Highlights key changes in portfolios and potential causes
Demonstrates effective application of policies and methodologies
Manages multiple projects/priorities
Remains well informed of regulatory and industry practices
Builds on advance knowledge of the organization, processes, and customers
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 a related field
Three (3) years directly related experience in consumer credit regulatory and compliance, underwriting or loan origination
Preferences
Big Data analysis experience
Quantitative skills
Skills and Competencies
Ability to research, analyze data, and derive facts
Ability to work in a team environment when applicable
Ability to work under pressure and meet deadlines
Basic knowledge of Consumer credit products, appropriate banking laws, regulatory, compliance, underwriting, loan origination and servicing systems
Developed relationship-building skills
Good analytical and problem-solving skills including attention to detail
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
Strong technical skills, programming, and utilization of analytical tools
Strong oral, written and organizational skills
Understanding and utilization of statistical concepts
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: $65,300.40 USD
Median: $96,680.00 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. 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/welcometour/benefits.rf
Location Details Riverchase Complex North Building
Location: Hoover, 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.
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 Credit Risk Analyst provides the financial, quantitative, and statistical analysis necessary to properly manage Regions credit risk. This position establishes the strong foundation of credit risk management. The individual will work within Regions risk framework to identify, measure, mitigate, monitor and report on consumer credit portfolios.
Primary Responsibilities
Conducts moderately complex identification, measurement, mitigation, monitoring, and reporting tasks
Develops periodic reports regarding company risk profile
Analyzes and comments on market and portfolio
Participates in the implementation of risk valuation models
Evaluates, synthesizes, organizes, and interprets data and information
Questions, examines, compares, and confirms results
Develops and presents recommendations in Microsoft PowerPoint
Highlights key changes in portfolios and potential causes
Demonstrates effective application of policies and methodologies
Manages multiple projects/priorities
Remains well informed of regulatory and industry practices
Builds on advance knowledge of the organization, processes, and customers
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 a related field
Three (3) years directly related experience in consumer credit regulatory and compliance, underwriting or loan origination
Preferences
Big Data analysis experience
Quantitative skills
Skills and Competencies
Ability to research, analyze data, and derive facts
Ability to work in a team environment when applicable
Ability to work under pressure and meet deadlines
Basic knowledge of Consumer credit products, appropriate banking laws, regulatory, compliance, underwriting, loan origination and servicing systems
Developed relationship-building skills
Good analytical and problem-solving skills including attention to detail
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
Strong technical skills, programming, and utilization of analytical tools
Strong oral, written and organizational skills
Understanding and utilization of statistical concepts
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: $65,300.40 USD
Median: $96,680.00 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. 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/welcometour/benefits.rf
Location Details Riverchase Complex North Building
Location: Hoover, 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.
Salary : $65,300 - $96,680
