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 ResponsibilitiesOversees small team of professional level compliance staff and compliance efforts for designated business unitManages a monitoring and testing program to ensure effective compliance with all applicable laws and regulationsParticipates in discussions with business partners, communicating compliance testing plan, and reviews risks identified from testingSupports 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 initiativesMaintains knowledge of rules and regulations and their impact on products, services, and operations for a specific line of businessDevelops policies and procedures to comply with federal regulations and applicable state lawsProvides guidance to various departments regarding compliance issues and implementation of new compliance requirementsEnsures timely, accurate, and appropriate submission of information requested by regulatory agenciesAssists in the development and execution of training programs to ensure adherence to established policies and proceduresThis position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.This position is incentive eligible.RequirementsBachelor’s degree and seven (7) years of directly related experience, and three (3) years of management experienceOr High School Diploma or GED and eleven (11) years of directly related experience and three (3) years of management experienceKnowledge of legal and regulatory environment as it relates to compliance in a specific line of businessPreferencesMaster’s degreeCertified Regulatory Compliance Manager (CRCM)Skills and CompetenciesAbility to learn additional systems as neededAbility to research, analyze data, and derive factsAbility to supervise and manage a teamAbility to work under pressure and meet deadlinesDemonstrated leadership capabilitiesProficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)Strong verbal, written communication, and organizational skillsStrong work ethic and self-motivationAnalyzes 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 CompetenciesStrong 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 TypeFull timeCompensation DetailsPay 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