Corporate Compliance Analyst

Regions Bank•Birmingham, AL

6d•$108,479 - $147,020•Onsite

About The Position

At Regions, the Corporate 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 should have full ownership for one or more processes, reports, procedures, or products, and are also considered analytical or procedural experts within a specific line of business. Associates will have influence over process and policy changes.

Requirements

Bachelor’s degree and eight (8) years of experience in compliance, quality assurance/control, audit, or other related compliance function specific to a line of business
Or High School Diploma or GED and twelve (12) years of experience in compliance, quality assurance/control, audit, or other related compliance function specific to a line of business
Knowledge of legal and regulatory environment as it relates to compliance in a specific line of business
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 under limited guidance
Ability to work under pressure and meet deadlines
Demonstrated leadership
Knowledge of legal and regulatory environments
Problem solving
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
Strong verbal, written communication, and organizational skills
Strong work ethic and self-motivation
Time management skills

Nice To Haves

Certified Regulatory Compliance Manager (CRCM)

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 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
Focuses on the resolution of complex problems or transactions, where expertise is required to interpret against policies, guidelines, or processes
May supervise day-to-day work of other professional level compliance associates
Offers advice and guidance to junior associates for sake of continuous improvement
Oversees creation and delivery of training to assigned business area to increase compliance awareness
Serves as subject matter expert and performs administrative duties related to a particular line of business systems and database management maintaining knowledge of database design, data definitions, system capabilities, and data integrity issues related to compliance, regulatory projects, and risk management
Resolves work flow issues, and oversees quality improvement techniques