Wealth Management Business Unit Compliance Analyst

Business Unit Compliance Analyst

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

Position Type

Full time

Compensation 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 USD

Median:

$83,080.00 USD

Incentive Pay Plans:

This job is not incentive eligible.

Benefits Information

• 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

Location Details

Riverchase Complex North Building

Location:

Hoover, Alabama

Equal Opportunity Employer/including Disabled/Veterans