Business Unit Compliance Analyst
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 are focused on administering defined procedures, analyses, and report preparation and on the daily deliverable of routine and defined outputs, while at the same time developing knowledge of the broader context in which the work is being performed.
Primary Responsibilities
Maintains a proficient knowledge of rules and regulations and their impact on products, services, and operations for a specific line of business
Conducts research of laws and regulations that impact the business unit compliance to include partnering with the second line of defense to assess new laws and regulations or changes to existing laws and regulations and how they impact the business group
Researches potential violations to determine potential compliance needs and escalates issues as needed for resolution
Reviews processes and procedures to identify gaps or potential issues
Assists with the administration of a monitoring and testing program to ensure effective compliance with all applicable laws and regulations
Assists with gathering information requested by regulatory agencies
Assists with the development of business group policies and procedures
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 GED and four (4) years of related work experience
Or Bachelors degree in Business, Finance, Audit or related field
Preferences
Masters degree
Experience in Compliance, Quality Assurance/Control, Audit, or other related compliance function specific to a line of business
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
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
Strong verbal, written communication, and organizational skills
Strong work ethic and self-motivation
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:
$55,062.15 USD
50th Percentile:
$72,000.00 USD
Incentive Pay Plans:
This job is not incentive eligible.
Location:
Birmingham, Alabama
Bring Your Whole Self to Work
We have a passion for creating an inclusive environment that promotes and values the differences that make each of us stand out as unique individuals and help provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work and thrive is the right thing to do.
OFCCP Disclosure: Equal Opportunity Employer/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.
Apply Now
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 are focused on administering defined procedures, analyses, and report preparation and on the daily deliverable of routine and defined outputs, while at the same time developing knowledge of the broader context in which the work is being performed.
Primary Responsibilities
Maintains a proficient knowledge of rules and regulations and their impact on products, services, and operations for a specific line of business
Conducts research of laws and regulations that impact the business unit compliance to include partnering with the second line of defense to assess new laws and regulations or changes to existing laws and regulations and how they impact the business group
Researches potential violations to determine potential compliance needs and escalates issues as needed for resolution
Reviews processes and procedures to identify gaps or potential issues
Assists with the administration of a monitoring and testing program to ensure effective compliance with all applicable laws and regulations
Assists with gathering information requested by regulatory agencies
Assists with the development of business group policies and procedures
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 GED and four (4) years of related work experience
Or Bachelors degree in Business, Finance, Audit or related field
Preferences
Masters degree
Experience in Compliance, Quality Assurance/Control, Audit, or other related compliance function specific to a line of business
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
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
Strong verbal, written communication, and organizational skills
Strong work ethic and self-motivation
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:
$55,062.15 USD
50th Percentile:
$72,000.00 USD
Incentive Pay Plans:
This job is not incentive eligible.
Location:
Birmingham, Alabama
Bring Your Whole Self to Work
We have a passion for creating an inclusive environment that promotes and values the differences that make each of us stand out as unique individuals and help provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work and thrive is the right thing to do.
OFCCP Disclosure: Equal Opportunity Employer/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.
Apply Now