Business Unit Compliance Function Manager

Regions Bank; Nashville (TN); Remote; USD 107,000 - 149,000; Full time

Job summary

Regions Bank is seeking a Business Unit Compliance Function Manager to oversee compliance reviews and advise on business decisions. This role requires a strong background in compliance, with responsibilities including training and regulatory oversight. The position offers competitive compensation and a comprehensive benefits package, emphasizing Regions' commitment to quality and integrity.

Benefits

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

Qualifications

• 8 years experience in compliance or related field.
• Experience managing compliance functions.
• Strong critical thinking skills.

Responsibilities

• Conduct compliance reviews and oversight of business units.
• Advise leadership on compliance issues.
• Create and deliver training to increase compliance awareness.

Skills

Strong Communication

Knowledge of legal and regulatory environment

Deadline driven

Ability to work independently

Organizational skills

Time management skills

Education

Bachelor's degree

High School Diploma

Masters degree

Tools

Microsoft Office Suite

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.

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 Compliance Function Manager operates as a first, second, or third line of defense risk management expert that advises on business and/or product decisions. Associates at this level should have full ownership and be a Subject Matter Expert (SME) for one or more large or complex products, processes, or regulations, contributing to process change and redesign in addition to developing business plans, policies, and procedures to support a particular line of business. This position may manage 1-2 analysts and typically reports directly to the Business Unit Compliance Group Manager, the Head of a Division or a specialized Group Manager over a line of business i.e. Credit Products, Commercial, etc.

Primary Responsibilities

• Conducts compliance reviews and provides oversight of legal entities, business units, and processes
• Advises leadership on business and/or product decisions
• Provides requested information to regulatory agencies and advises management on potential and ongoing compliance issues
• Maintains proficient knowledge of rules and regulations and their impact on products, services and operations for a specific line of business
• Assists in resolving 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
• Creates and delivers 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
• May contribute to workflow or process change and redesign, and risk and control identification

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 and eight (8) years experience in compliance, quality assurance/control, audit or other related compliance function specific to a line of business
• Or High School Diploma and fifteen (15) years experience in compliance, quality assurance/control, audit or other related compliance function specific to a line of business

Preferences

• Masters degree
• Certified Regulatory Compliance Manager Certification (CRCM)

Skills and Competencies

• Strong Communication skills
• Knowledge of legal and regulatory environment as it relates to compliance in a particular line of business
• Deadline driven
• Ability to work independently
• Organizational skills
• Time management skills
• Proficiency in Microsoft Office Suite

Preferred Skills:

• Experience with project management methodologies

• Ability to interpret business needs and translate them into application/operational recommendation(s)

• Strong critical thinking skills with ability to evaluate alternatives and present solutions

• Experience in BSA/AML, Fraud, and/or Quality Control related work

• Experience in managing multiple tasks and projects

• Ability to research and analyze data

This position must be within a reasonable driving distance to our Professional Office Building with the primary location being for Atlanta, GA, Birmingham, AL, Nashville, TN, or Charlotte, NC. This position is currently remote but may be asked to come onsite or sit onsite in the future. The manager will set the work schedule for this position, including in-office expectations. Regions will not provide relocation assistance for this position, and relocation would be at your expense.

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:

$107,768.10 USD

Median:

$148,230.00 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/welcometour/benefits.rf

Location Details Atlanta Midtown Location: Atlanta, Georgia

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.