Job Information
Regions Bank Corporate Compliance Manager - Quantitative Functions in Atlanta, Georgia
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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Job Description:
At Regions, the Corporate Compliance Manager leads a team of second line of defense risk management experts that advise on business and/or product decisions. Associates at this level ensure that all compliance activities within their area of expertise follow the necessary rules and regulations, contribute to process change and redesign in addition to developing business plans, policies, and procedures.
Primary Responsibilities
Oversees large team of professional level compliance staff and compliance efforts for designated business units
Serves as a subject matter expert, leading the implementation and execution of testing compliance controls
Leads discussions with business partners, communicating compliance testing plan and reviews risks identified from testing
Supports business unit by collaboratively facilitating the development of processes and procedures to ensure regulatory compliance, including participation in team meetings, business process improvement efforts, and compliance improvement initiatives
Maintains extensive knowledge of rules and regulations and their impact on products, services and operations for a specific line of business
Develops policies and procedures to comply with federal regulations and applicable state laws
Provides guidance to various departments regarding compliance issues and implementation of new compliance requirements with respect to regulatory language
Ensures timely, accurate and appropriate submission of information requested by regulatory agencies
Oversees complex compliance projects and initiatives specific to designated line of business
Develops and executes training programs to ensure adherence to established policies and procedures
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
This position is incentive eligible.
This position will work a hybrid schedule with a combination of in-office and remote work
Requirements
Bachelor's degree and ten (10) years directly related experience and six (6) years of management experience
Or fifteen (15) years directly related experience and ten (10) years of management experience
Preferences
Masters degree
Certified Regulatory Compliance Manager Certification (CRCM)
Skills and Competencies
Strong Communication skills
Knowledge of legal and regulatory environments
Deadline driven
Ability to work independently
Organizational skills
Time management skills
Proficiency in Microsoft Office Suite
Additional Job Responsibilities
Design and execute a 2nd line Compliance oversight program to perform fair lending reviews of models
Coordinate review and oversight activities with Fair Lending Compliance and Model Risk Management, as well as model developers and model owners
Support the Compliance Fair Lending Group through data analysis, model reviews, and other risk management activities
Represent Regions with regulators as needed
Desired Skills and Competencies
Experience with quantitative validation test work, including lending and Machine Learning and Artificial Intelligence models
Ability to work with large, structured, and unstructured datasets
Ability to effectively communicate Compliance risks, model issues, and limitations to key stakeholders
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.
Job Range Target:
Minimum:
$155,388.00 USD
Median:
$203,860.00 USD
Incentive 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.
Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. (https://www.regions.com/about-regions/benefits/benefits-eligibility) 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
Regions Center
Location:
Birmingham, Alabama
Bring Your Whole Self to Work
We 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
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.