Job Description
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Role 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.
- 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
- 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
- Qualifications
- 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
- Or 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
- Master’s degree (preferred)
- Requirements
- 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
- Project management and redress experience preferred
- Benefits
- 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
Company Description
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.
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