Business Unit Compliance Analyst

Regions Bank•Birmingham, AL

1d•Onsite

About The Position

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.

Requirements

High School Diploma or GED and four (4) years of related work experience
Or Bachelor’s degree in Business, Finance, Audit or related field
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

Nice To Haves

Master’s degree
Experience in Compliance, Quality Assurance/Control, Audit, or other related compliance function specific to a line of business
Working knowledge of SaaS preferred.

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

Benefits

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates.
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/about-regions/welcome-portal/benefits