Corporate Compliance Analyst - Community Reinvestment Act (CRA)

Regions Bank • Charlotte, AL

6d

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 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 specific line of business. Focus is on execution within defined parameters, with some expansion based on developing capabilities and/or experiences.

Requirements

• Bachelor’s degree and three (3) 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 seven (7) years of experience in compliance, quality assurance/control, audit, or other related compliance function specific to a 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 moderate guidance
• 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

• Certified Regulatory Compliance Manager (CRCM)
• Familiarity with CRA reporting software a plus

Responsibilities

• 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
• May provide advice and guidance to junior associates on occasion
• Conduct data analysis to monitor compliance with the Community Reinvestment Act (CRA) regulatory requirements
• Assist in creating dashboards, spreadsheets, and visualizations using tools like Excel, Tableau, Power BI
• Assist with CRA testing and monitoring activities
• Assist with internal audits, regulatory exams, and CRA-related requests

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees