Regions Bank Corporate Compliance Analyst in Birmingham, Alabama
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 for a set period of time. You may review, modify, or update your information by visiting and logging into the careers section of the system.
At Regions, the Compliance Analyst is a second line of defense risk management function that ensures the development and maintenance of a strong compliance culture by developing and maintaining a program infrastructure that identifies, measures and monitors compliance with all applicable laws, regulations and rules that govern a specific line of business. Associates at this level are expected to contribute to work- flow or process change and redesign, and to form a strong basic understanding of the specific product or process within a particular line of business. Focus is on execution within defined parameters, with some expansion based on developing capabilities and or experiences.
Maintains a proficient knowledge of rules and regulations and their impact on products, services and operations for a specific line of business
Establishes line of business partnerships and serves as a subject matter expert to the business groups 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 and providing communication to appropriate lines of business which will be impacted by these changes
Administers a monitoring and testing program to ensure effective compliance with all applicable laws and regulations
Gathers information requested by regulatory agencies
This position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay.
Bachelor’s degree and three (3) years’ experience in Compliance, quality assurance/control, Audit or other related compliance function specific to a line of business
Or HS Diploma and 7 years’ experience in Compliance, quality assurance/control, Audit or other related compliance function specific to a line of business
Certified Regulatory Compliance Manager Certification (CRCM)
Skills and Competencies
Ability to work independently
Time management skills
Proficiency in Microsoft Office Suite
Additional Job Description
Conducts regulatory research to include monitoring for new and changing laws and regulations as well as other significant regulatory events with a compliance impact
Administers a regulatory change management program by working with subject matter experts in the appropriate lines of business impacted by such changes
Establishes and maintains partnerships across business groups and support units
Maintains databases of regulatory developments and impacts and produces reports and metrics on for leadership and committee reporting
Assists in ongoing enhancements and maintenance of the regulatory change management program
At Regions, our culture focuses on five core values that are a commitment to how we will do business:
Put people first
Do what is right
Focus on your customer
Through these values, our mission to make life better drives our desire to improve and make a positive difference in the communities where we work and live through financial investments and volunteering.