Risk Monitoring - Surveillance Manager

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 Business Unit Compliance Manager leads a team of first 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 to support a specific line of business. Primary Responsibilities Oversees small team of professional level compliance staff and compliance efforts for designated business unit Manages a monitoring and testing program to ensure effective compliance with all applicable laws and regulations Participates in 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 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 Ensures timely, accurate, and appropriate submission of information requested by regulatory agencies Assists in the development and execution of 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. Requirements Bachelor’s degree and seven (7) years of directly related experience, and three (3) years of management experience Or High School Diploma or GED and eleven (11) years of directly related experience and three (3) years of management experience 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 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 Analyzes account activity to   identify   potential risks and fraud   Participates in discussions with business partners, communicating compliance monitoring and testing plan, and reviews risks identified from testing  Contributes to the development and improvement of surveillance systems and processes  Conducts in-depth research into customer accounts, properly documents findings and communicates with business partners and business partner liaisons requesting information to ascertain if activity is reasonable with the purpose of the account  Documents findings by preparing reports in a manner that is clear and comprehensible to business partners, internal auditors, and regulatory examiners  Maintains knowledge of regulatory environment to develop risk ratings of all monitoring and testing activities   Maintains knowledge of regulatory environment, industry standards, and best practices   to   assess current monitoring and testing activities and make   recommendations   on new   activities or retirement of existing activities    Stays informed of industry trends and developments   in order to   anticipate   potential compliance   and operational   risks and proactively address them   Fosters   a positive and professional working relationship with colleagues and promote a team-oriented and supportive work environment   Adheres   to all internal policies and procedures, as well as relevant laws and regulations, to   maintain   the highest level of integrity and ethical standards   Other duties and special projects may be assigned   Additional Skills and Competencies Strong analytical, research,   and reporting skills   Experience in   Microsoft   Excel,    PowerQuery, Tableau   Ability to   solve problems   by   identifying   and resolving   issues   Attention to detail in reviewing   and analyzing data    This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience. 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