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Corporate Compliance Analyst - Financial Crimes - (Remote Op

at Regions Bank in Augusta, Maine, United States

Job Description

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 Bank, the Compliance Specialist will ensure that business units and support functions are in compliance with statutory and regulatory requirements as well as the organization’s policies and procedures.

Primary Responsibilities

+ Work with stakeholders to foster an open and honest risk management culture

+ Ensure timely reporting and escalation of regulatory issues to stakeholders

+ Assists with monitoring and review activities to detect compliance problems and with documentation

+ Assists in gathering information requested by regulatory agencies

+ Assess policies, procedure, processes and controls for compliance with the laws and regulations

This position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay.

Requirements

+ Bachelors Degree

+ Eight (8) years experience in related field

Preferences

+ Prefer either direct related fair lending experience or compliance or quality assurance/quality control experience

+ Experience in compliance monitoring and/or auditing

+ Proficiency in MS Excel, Word, Access and PowerPoint

Additional Job Description

Regions has an exciting opportunity for a Financial Crimes Compliance Specialist. The Financial Crimes Compliance Specialist is responsible for assessing high risk areas for BSA/AML and OFAC compliance across Regions. Candidate will execute testing as part of the second line of defense over BSA/AML and OFAC programs and its policies, procedures, processes and controls. This work includes the documenting of processes, the completion of planning documents, testing scripts and risk control matrixes, the selection of samples, the completion and documentation of testing, and the identification and socialization of testing results. Therefore, the ideal candidate should have the following qualifications:

+ Knowledgeable in BSA/AML and OFAC laws and regulations and have a thorough understanding and experience of how to apply such requirements in a business

+ Have an understanding of internal control environments appropriate to assess the risk of BSA/AML and OFAC laws and regulations

+ Excellent communication and interpersonal skills with the ability to interact with all levels of the organization

+ Analytic mind-set with a self-starting drive to evaluate controls or processes and determine root cause of a gap

+ Ability to manage multiple priorities while maintaining attention to detail

+ Proficient in MS Excel and Word

+ Ability to draft formal written reports that effectively communicate testing findings

Additional preferred knowledge/skills for this specific opportunity

+ BSA/AML/OFAC experience in Governance, Internal Audit

+ BSA/AML/OFAC Risk Assessment experience

+ Banking products and services and Banking operations

+ Banking processes (commercial, retail, private banking, broker dealers) and transactional flows

+ Moderate excel skills (experience with Pivot tables, nested IF statements, Vlook-ups). Ability to work with large data sets

Preferred Experience

+ BSA testing/auditing experience

+ Certified Anti-Money Laundering Specialist (CAMS), Certified AML and Fraud Professional (CAFP) or CPA

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 national range and level of the position.

Job Range Target:

Minimum:

$43,260.00 USD

Median:

$71,880.00 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 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 click or copy the link below to your browser.

https://www.regions.com/welcometour/benefits.rf

Location Details

Plaza Dallas

Location:

Dallas, Georgia

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

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Job Posting: JC217714856

Posted On: Jul 02, 2022

Updated On: Jul 20, 2022