Wealth Management Business Unit Compliance Analyst

About the Role

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
• Perform ongoing monitoring and surveillance of first-line activities to ensure adherence to internal policies, procedures, and regulatory requirements
• Execute control testing and quality assurance reviews to assess the effectiveness of business processes and controls
• Identify, investigate, and document exceptions, anomalies, or control gaps, and escalate issues as appropriate
• Conduct data analysis using Excel, Power Query, and Tableau to support surveillance activities and uncover trends or risks
• Develop and maintain automated reports, dashboards, and monitoring tools to enhance efficiency and transparency
• Perform data validation and reconciliation to ensure accuracy and completeness of surveillance outputs
• Stay informed of emerging risks, regulatory changes, and industry best practices to continuously improve surveillance efforts

Requirements

• 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
• Or 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

Qualifications

• Master's degree (preferred)

Skills

• 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
• Experience with Excel pivot tables, creating formulas
• Experience with Excel Power Query for data extraction, transformation, and automation
• Experience using Tableau for dashboard creation and data visualization
• Strong understanding of data analysis and data quality validation techniques
• Ability to work with large and complex datasets
• Familiarity with data reconciliation, exception reporting, and trend analysis
• Knowledge of surveillance frameworks, controls testing, and monitoring methodologies
• Experience performing first-line activity monitoring, including identifying control gaps and anomalies
• Ability to develop comprehensive test scripts, procedures, and user guides
• Strong understanding of risk and control concepts (e.g. operational risk, compliance risk)
• Strong critical thinking and investigative skills
• Ability to identify patterns, anomalies, and emerging risks
• Root cause analysis and ability to recommend corrective actions
• Detail-oriented with a high degree of accuracy and quality control
• Strong organizational and time management skills
• Ability to work independently and manage multiple priorities
• High level of integrity and professionalism
• Collaborative mindset with ability to work cross-functionally

Compensation

Minimum Job Range Target: $66,712.25 USD Median $83,080.00 USD

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

Benefits

• 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

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/about-regions/welcome-portal/benefits

Schedule

Full time

Location

Riverchase Complex North Building, Hoover, Alabama

This position may be filled at a higher level depending on the candidate's qualifications and relevant experience.