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Regions Financial Corporation

Business Unit Compliance Function Manager

Regions Financial Corporation, Nashville, Tennessee, United States,


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.At Regions, the Business Unit Compliance Function Manager operates as a first, second, or third line of defense risk management expert that advises on business and/or product decisions. Associates at this level should have full ownership and be a Subject Matter Expert (SME) for one or more large or complex products, processes, or regulations, contributing to process change and redesign in addition to developing business plans, policies, and procedures to support a particular line of business. This position may manage 1-2 analysts and typically reports directly to the Business Unit Compliance Group Manager, the Head of a Division or a specialized Group Manager over a line of business i.e. Credit Products, Commercial, etc.Primary ResponsibilitiesConducts compliance reviews and provides oversight of legal entities, business units, and processesAdvises leadership on business and/or product decisionsProvides requested information to regulatory agencies and advises management on potential and ongoing compliance issuesMaintains proficient knowledge of rules and regulations and their impact on products, services and operations for a specific line of businessAssists in resolving complex problems or transactions, where expertise is required to interpret against policies, guidelines or processesAdministers a monitoring and testing program to ensure effective compliance with all applicable laws and regulationsCreates and delivers training to assigned business area to increase compliance awarenessGathers information requested by regulatory agenciesMay supervise day-to-day work of other professional level compliance associatesMay contribute to workflow or process change and redesign, and risk and control identificationThis position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.This position is incentive eligible.RequirementsBachelor's degree and eight (8) years experience in compliance, quality assurance/control, audit or other related compliance function specific to a line of businessOr High School Diploma and fifteen (15) years experience in compliance, quality assurance/control, audit or other related compliance function specific to a line of businessPreferencesMasters degreeCertified Regulatory Compliance Manager Certification (CRCM)Skills and CompetenciesStrong Communication skillsKnowledge of legal and regulatory environment as it relates to compliance in a particular line of businessDeadline drivenAbility to work independentlyOrganizational skillsTime management skillsProficiency in Microsoft Office SuiteCompensation DetailsPay 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:

$108,219.60 USD50th Percentile:

$149,830.00 USDIncentive Pay Plans:This role is eligible to participate in the annual discretionary incentive plan. Employees are eligible to receive a discretionary award based on individual, business, and/or company performance. Opportunity to participate in the Long Term Incentive Plan.Location:

Birmingham, AlabamaBring Your Whole Self to WorkWe have a passion for creating an inclusive environment that promotes and values the differences that make each of us stand out as unique individuals and help 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 and thrive is the right thing to do.OFCCP Disclosure: Equal Opportunity Employer/Disabled/Veterans

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