Corporate Compliance Function Manager – Finance, Tax and Risk Management

Location
Birmingham, Alabama
Salary
Open
Posted
Nov 17, 2023
Closes
Dec 18, 2023

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, the Corporate Compliance Function Manager operates as a first, second, or third line of defense risk management expert that advises on business and/or product decisions. The manager will have full ownership for one or more products or processes, contributing to process change and redesign in addition to developing business plans, policies, and procedures to support a specific line of business.

Primary Responsibilities

  • Conducts compliance reviews and provides oversight of legal entities, business units, and processes
  • Advises leadership on business and/or product decisions
  • Gathers and provides requested information to regulatory agencies and advises management on potential and ongoing compliance issues
  • Maintains proficient knowledge of rules and regulations and their impact on products, services, and operations
  • Assists in resolving complex problems or transactions, where expertise is required to interpret against policies, guidelines or processes
  • Administers a monitoring and testing program to ensure effective compliance with all applicable laws and regulations
  • Creates and delivers training to assigned business area to increase compliance awareness
  • May supervise day-to-day work of other professional level compliance associates
  • May contribute to workflow or process change and redesign, and risk and control identification

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

This position will work a hybrid schedule with a combination of in-office and remote work

This position is incentive eligible.

Requirements

  • Bachelor's degree
  • Ten (10) years of experience in compliance, quality assurance/control, audit, or other related compliance function specific to a line of business
  • Knowledge of legal and regulatory environment as it relates to compliance in a specific line of business

Preferences

  • Master's degree
  • Certified Regulatory Compliance Manager (CRCM)

Skills and Competencies

  • Ability to learn additional systems as needed
  • Ability to research, analyze data, and derive facts
  • Ability to supervise and manage a team
  • Ability to work in a team environment when applicable
  • Ability to work under pressure and meet deadlines
  • Demonstrated leadership capabilities
  • Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
  • Strong verbal, written communication, and organizational skills
  • Strong work ethic and self-motivation

  • The Finance/Risk Corporate Functions Liaison will serve as the initial compliance point of contact supporting compliance needs for all areas of Finance and Risk.
  • This individual will provide compliance-related advice and guidance, implement the Enterprise Support Unit Compliance program, implement compliance monitoring and oversight, and perform risk assessments, escalating concerns and working with the business areas as needed. 
  • This is a new role and area of coverage. 
  • The individual in this role will possess a background in Finance, ideally having a certification such as a CPA or CFA, knowledge of relevant laws and regulations, experience in building and executing risk programs, and the acumen/experience to critically challenge business leaders and drive results.
  • The individual will have 8+ years of Risk and Compliance experience and a proven track record of partnering with business support units/1LOD and driving improved risk awareness and outcomes.

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:

$111,418.00 USD

Median:

$175,010.00 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. 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 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