Regions Bank Corporate Compliance Analyst - Financial Crimes - (Remote Opportunity) in Hartford, Connecticut
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.
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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.
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.
Eight (8) years experience in related field
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
BSA testing/auditing experience
Certified Anti-Money Laundering Specialist (CAMS), Certified AML and Fraud Professional (CAFP) or CPA
*This position may be filled at a higher level depending on the candidate's qualifications and relevant experience.
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:
Incentive Pay Plans:
This job is not incentive eligible.
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
Health Savings Account
Flexible Spending Account
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.
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
At Regions, our culture focuses on five core values that are a commitment to how we will do business:
Put people first
Do what is right
Focus on your customer
Through these values, our mission to make life better drives our desire to improve and make a positive difference in the communities where we work and live through financial investments and volunteering.
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