HR Risk & Compliance Analyst

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 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 focused on administering defined procedures, analyses, and report preparation and on the daily deliverable of routine and defined outputs, while at the same time developing knowledge of the broader context in which the work is being performed. Primary Responsibilities • Maintains a proficient knowledge of rules and regulations and their impact on products, services, and operations for a specific line of business • 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 • Assists with the administration of a monitoring and testing program to ensure effective compliance with all applicable laws and regulations • Assists with gathering information requested by regulatory agencies • Assists with the development of business group policies and procedures This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay. Requirements • Bachelor’s degree in Business, Finance, Audit or related field • Or High School Diploma or GED and four (4) years of related work experience Preferences • Master’s degree • Experience in Compliance, Quality Assurance/Control, Audit, or other related compliance function specific to a line of business Skills and Competencies • Ability to learn additional systems as needed • Ability to research, analyze data, and derive facts • Ability to work in a team environment when applicable • Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.) • Strong verbal, written communication, and organizational skills • Strong work ethic and self-motivation Additional Responsibilities • Conduct regulatory change management process to include review and tracking of new local, state, and federal regulations impacting employers and implementation of compliance requirements • Reconcile (weekly/quarterly) regulatory changes • Maintain HR regulatory inventory items and documentation • Conduct state workforce change monitoring to maintain awareness of related regulatory impacts • Test human resources processes with GRC controls to verify operational effectiveness and compliance with laws and provide guidance to Human Resources team members on results • Develop new or modifications to testing plans and maintain related schedules, testing calendar, procedures, and communications. • Verify and test new regulatory compliance implementations • Participate in HR Risk and Compliance’s review of policies, standards, and rules on compliance related content. • Perform metric and committee reporting and prepare reports in spreadsheet and slide form, for compliance and other risk management purposes. • Compliance Training coordinator for Human Resources • Manage annual federal compliance processes applicable to large employers and federal contractors • Maintain and update HR Risk & Compliance procedures including coordination of annual reviews • Fulfill information requests for Internal Audit, external auditors, 2nd line risk groups • Ongoing functions associated with third party risk management monitoring for Human Resources • Ensure critical data accuracy in all functions Additional Preferences • Strong technical/detail orientation • Experience working with data with emphasis on data accuracy • Strong Excel skills with experience working with pivot tables • Risk management knowledge to include an understanding of the foundational elements of risk management with experience in operational and/or compliance risk. • Experience with review of new regulatory requirements involving substantial review of written materials, implementation of regulations and monitoring for adherence • Proactive in recognizing needs to enhance risk management with use of sound judgment and effective communication within the HR Risk and Compliance team, with stakeholders in HR, and other internal partners. • Successful individuals in this role are very self-starting/self-directed, ensuring deadlines are met. This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience. Regions will not sponsor applicants for work visas for this position at this time. Applicants for this position must be currently authorized to work in the United States on a fu