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.
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
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
50th Percentile:
$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.
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.
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
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
50th Percentile:
$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.
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.
💡 Quick Summary
Seeking a career-building opportunity? The Corporate Compliance Manager - Quantitative Functions position is now open for candidates interested in the Bank Jobs sector. This role in Charlotte offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
