Regions Bank
Human Resources Risk & Compliance Analyst
Regions Bank, Birmingham, Alabama, United States, 35275
Human Resources Risk & Compliance Analyst
5 days ago Be among the first 25 applicants
Base pay range $64,673.95/yr - $82,690.00/yr
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
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
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
Additional Responsibilities
Partner with assigned areas within Human Resources on risk management initiatives and remediation of compliance or operational risk issues
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 employment related local, state, and federal compliance requirements
Develop and review procedures and written controls in Human Resources for compliance and operational effectiveness
Function as Business Resilience Coordinator for Human Resources, supporting specific processes and testing of activities to verify business continuity
Ensure critical data accuracy in all functions
Additional Preferences
Strong technical/detail orientation
Experience working with confidential data, with emphasis on data accuracy
Risk management knowledge to include an understanding of the foundational elements of risk management and exposure to working with technology and data related risks and controls
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 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 is intended to be onsite, now or in the near future. Associates will have regular work hours, including full days in the office three or more days a week. The manager will set the work schedule for this position, including in-office expectations. Regions will not provide relocation assistance for this position, and relocation would be at your expense.
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.
Minimum $64,673.95 USD
Median $82,690.00 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. 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 visit https://www.regions.com/about-regions/welcome-portal/benefits.
Location Details Riverchase Complex North Building, Hoover, Alabama
Equal 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.
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Base pay range $64,673.95/yr - $82,690.00/yr
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
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
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
Additional Responsibilities
Partner with assigned areas within Human Resources on risk management initiatives and remediation of compliance or operational risk issues
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 employment related local, state, and federal compliance requirements
Develop and review procedures and written controls in Human Resources for compliance and operational effectiveness
Function as Business Resilience Coordinator for Human Resources, supporting specific processes and testing of activities to verify business continuity
Ensure critical data accuracy in all functions
Additional Preferences
Strong technical/detail orientation
Experience working with confidential data, with emphasis on data accuracy
Risk management knowledge to include an understanding of the foundational elements of risk management and exposure to working with technology and data related risks and controls
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 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 is intended to be onsite, now or in the near future. Associates will have regular work hours, including full days in the office three or more days a week. The manager will set the work schedule for this position, including in-office expectations. Regions will not provide relocation assistance for this position, and relocation would be at your expense.
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.
Minimum $64,673.95 USD
Median $82,690.00 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. 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 visit https://www.regions.com/about-regions/welcome-portal/benefits.
Location Details Riverchase Complex North Building, Hoover, Alabama
Equal 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.
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