Business Unit Compliance Analyst

Regions Financial Corporation; Birmingham (AL); Remote; USD 81,000 - 103,000; Full time

Job summary

A leading financial institution is seeking a Business Unit Compliance Analyst to ensure compliance with regulations and laws. The role involves maintaining knowledge of compliance issues, conducting research, and developing policies. Ideal candidates will possess strong analytical and leadership skills, along with relevant experience in compliance functions.

Qualifications

• 9 years experience in Compliance or related field, or 5 years with a Bachelor's degree.
• Master's degree and CRCM preferred.

Responsibilities

• Ensures business unit compliance with laws and regulations.
• Conducts research on compliance issues.
• Develops policies and oversees training.

Skills

Research

Analytical Skills

Leadership

Communication

Self-Motivation

Education

High School Diploma or GED

Bachelor's Degree

Master's Degree

Tools

Microsoft Office

Job description

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 Business Unit Compliance Analyst is a first line of defense risk management function that ensures that business unit activities follow necessary rules and regulations and comply with legal boundaries and jurisdictions. Associates at this level may have full ownership for one or more processes, reports, procedures, or products, and are considered analytical or procedural experts within a specific line of business.

Primary Responsibilities

• Maintains a proficient knowledge of rules and regulations and their impact on products, services, and operations for a specific line of business
• Establishes partnerships with line of business leadership and serves as a subject matter expert on issues related to compliance
• Conducts research of laws and regulations that impact compliance to include monitoring for new laws and regulations or changes to existing laws and regulations
• Partners with the second line of defense to assess new laws and regulations and how they impact the business group
• Focuses on the resolution of complex problems or transactions, where expertise is required to interpret against policies, guidelines, or processes
• Administers a monitoring and testing program to ensure effective compliance with all applicable laws and regulations
• Develops business group policies and procedures and provides recommendations to management for final approval
• Oversees creation and delivery of training to assigned business area to increase compliance awareness
• Gathers information requested by regulatory agencies
• May supervise day-to-day work of other professional level compliance associates

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

Requirements

• High School Diploma or GEDand nine (9) years of experience in Compliance, Quality Assurance/Control, Audit, or other related compliance function specific to a line of business
• Or Bachelor’s degreeand five (5) years ofexperience in Compliance, Quality Assurance/Control, Audit, or other related compliance function specific to a line of business

Preferences

• Master’s degree
• Certified Regulatory Compliance Manager (CRCM)

Skills and Competencies

• Ability to learn additional systems as needed
• Ability to research, analyze data, and derive facts
• Ability to work in a team environment when applicable
• Ability to work autonomously, with minimal guidance
• Ability to work under pressure and meet deadlines
• Demonstrated leadership capabilities
• Knowledge of legal and regulatory environment as it relates to compliance in a specific line of business
• Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
• Strong verbal, written communication, and organizational skills
• Strong work ethic and self-motivation

Project management and redress experience preferred.

This position is currently offsite in Birmingham, Atlanta, Charlotte, Nashville, Orlando, or Tampa and associates will work from their home primarily. They may be expected to go on site for meetings or other events as needed.

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:

$81,083.20 USD

50th Percentile:

$102,750.00 USD

Incentive Pay Plans:

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.