Job Information
Regions Bank Business Unit Risk & Compliance Analyst - Human Resources in Hoover, Alabama
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 focused on administering defined procedures, analyses, and report preparation and on the daily deliverable of routine and defined outputs, while at the same time developing knowledge of the broader context in which the work is being performed.
Primary 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 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
Assists with the administration of a monitoring and testing program to ensure effective compliance with all applicable laws and regulations
Assists with gathering 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
High School Diploma or GED and four (4) years of related work experience
Or Bachelor’s degree in Business, Finance, Audit or related field
Preferences
Master’s degree
Experience in Compliance, Quality Assurance/Control, Audit, or other related compliance function specific to a line of business
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
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
Strong verbal, written communication, and organizational skills
Strong work ethic and self-motivation
Additional Responsibilities
Lead on annual federal compliance processes to include data reporting, development of written summaries, and internal communications to stakeholders
Monitor/test human resources processes to verify operational effectiveness and compliance with laws, providing guidance to Human Resources team members when needed based on results of monitoring/testing
Assist with review and implementation of new local, state, and federal compliance requirements to include required notices
Submit requests for HR system changes to meet compliance requirements
Develop and review procedures and written controls in Human Resources to ensure compliance and operational effectiveness
Prepare reports in spreadsheet and slide form, for compliance and other risk management purposes
Function as Business Resilience Coordinator for Human Resources, supporting specific processes and testing of activities to verify business continuity
Partner with assigned areas within Human Resources on initiatives and remediation of compliance or operational risk issues
Ensure critical data accuracy in all functions
Additional Preferences
Strong technical/detail orientation
Experience working with data, with emphasis on data accuracy
Risk management knowledge to include an understanding of the foundational elements of risk management
Experience with the review and implementation of new regulatory requirements, and compliance related monitoring/testing for adherence to regulations
Successful individuals in this role are very self-starting/proactive in recognizing needs to enhance risk management with use of sound judgment and effective communication with the HR Risk and Compliance team, Managers within HR and other internal partners
This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.
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:
$51,575.20 USD
Median:
$68,390.00 USD
Incentive 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. (https://www.regions.com/about-regions/benefits/benefits-eligibility) 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/welcometour/benefits.rf
Location Details
Riverchase Complex North Building
Location:
Hoover, Alabama
Bring Your Whole Self to Work
We have a passion for creating an inclusive environment that promotes and values diversity of race, color, national origin, religion, age, sexual orientation, gender identity, disability, veteran status, genetic information, sex, pregnancy, and many other primary and secondary dimensions that make each of us unique as individuals and provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work is the right thing to do.
OFCCP Disclosure: Equal Opportunity Employer/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.