- Location
- Hoover, AL - Riverchase North Building (Birmingham, AL), United States of America
- Type
- Full-time
- Department
- Legal
- Education
- High School
- Source
- Workday
Description
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 in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.
Job Description:
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 expected to contribute to workflow 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.
Primary Responsibilities
- Maintains a proficient knowledge of rules and regulations and their impact on products, services, and operations for a specific line of business
- Establishes partnerships with line of business leadership and serves as a consultant on issues related to compliance
- 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
- Administers a monitoring and testing program to ensure effective compliance with all applicable laws and regulations
- Delivers training to assigned line of business to increase compliance awareness
- Gathers 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
- 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
Preferences
- Master’s degree
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
- Ability to work autonomously, with minimal guidance
- Ability to work under pressure and meet deadlines
- Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
- Strong verbal, written communication, and organizational skills
- Strong work ethic and self-motivation
Perform ongoing monitoring and surveillance of first-line activities to ensure adherence to internal policies, procedures, and regulatory requirements
Execute control testing and quality assurance reviews to assess the effectiveness of business processes and controls
Identify, investigate, and document exceptions, anomalies, or control gaps, and escalate issues as appropriate
Conduct data analysis using Excel, Power Query, and Tableau to support surveillance activities and uncover trends or risks
Develop and maintain automated reports, dashboards, and monitoring tools to enhance efficiency and transparency
Perform data validation and reconciliation to ensure accuracy and completeness of surveillance outputs
Stay informed of emerging risks, regulatory changes, and industry best practices to continuously improve surveillance efforts
Experience with Excel pivot tables, creating formulas
Experience with Excel Power Query for data extraction, transformation, and automation
Experience using Tableau for dashboard creation and data visualization
Strong understanding of data analysis and data quality validation techniques
Ability to work with large and complex datasets
Familiarity with data reconciliation, exception reporting, and trend analysis
Knowledge of surveillance frameworks, controls testing, and monitoring methodologies
Experience performing first-line activity monitoring, including identifying control gaps and anomalies
Ability to develop comprehensive test scripts, procedures, and user guides
Strong understanding of risk and control concepts (e.g. operational risk, compliance risk)
Strong critical thinking and investigative skills
Ability to identify patterns, anomalies, and emerging risks
Root cause analysis and ability to recommend corrective actions
Detail-oriented with a high degree of accuracy and quality control
Strong organizational and time management skills
Ability to work independently and manage multiple priorities
High level of integrity and professionalism
Collaborative mindset with ability to work cross-functionally
This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.
Position Type
Full timeCompensation 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:
$66,712.25 USDMedian:
$83,080.00 USDIncentive Pay Plans:
This job is not incentive eligible.Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
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
Location Details
Riverchase Complex North BuildingLocation:
Hoover, AlabamaEqual Opportunity Employer/including 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.
