Financial Crimes Compliance Specialist

At Regions Bank, the Compliance Specialist will ensure that business units and support functions are in compliance with statutory and regulatory requirements as well as the organization's policies and procedures.
Primary Responsibilities
Work with stakeholders to foster an open and honest risk management culture
Ensure timely reporting and escalation of regulatory issues to stakeholders
Assists with monitoring and review activities to detect compliance problems and with documentation
Assists in gathering information requested by regulatory agencies
Assess policies, procedure, processes and controls for compliance with the laws and regulations
This position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay.
Requirements
Bachelors Degree
Eight (8) years experience in related field
Preferences
Prefer either direct related fair lending experience or compliance or quality assurance/quality control experience
Experience in compliance monitoring and/or auditing
Proficiency in MS Excel, Word, Access and PowerPoint
Additional Preferences
Job Description: At Regions Bank, the Compliance Specialist will ensure that business units and support functions are in compliance with statutory and regulatory requirements as well as the organization's policies and procedures.
Primary Responsibilities
Work with stakeholders to foster an open and honest risk management culture
Assess policies, procedures, processes and controls for compliance with the laws and regulations
Ensure timely reporting and escalation of regulatory issues to stakeholders
This position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay.
Requirements
Bachelor's Degree
Eight (8) years experience in related field
Preferences
Experience in compliance monitoring and/or auditing
Proficiency in MS Excel, Word, and PowerPoint
Duties and Responsibilities
Regions has an exciting opportunity for a BSA/AML Compliance Specialist. The BSA/AML Compliance Specialist is responsible for assessing high risk areas for BSA/AML and OFAC compliance across the Bank.
Candidate will execute the enterprise-wide second line of defense testing of the BSA/AML program and its policies, procedures, processes and controls. This work includes the documenting of processes, the completion of planning documents and risk control matrixes, the selection of samples, the completion and documentation of testing, and the identification and socialization of results.
Candidate must have excellent communication skills (oral and written) as he/she is responsible for presenting issues and recommendations to all levels of management.
Candidate must be able to manage multiple priorities while maintaining attention to detail.
Candidate must be a self-starter and be able to work as an individual contributor as well as in a team.
Experience Requirements
Minimum five years of experience with Bank Secrecy Act compliance
Bachelor's degree or equivalent in Accounting, Finance or Business related field
Preferred Experience
BSA testing/auditing experience
Certified Anti-Money Laundering Specialist (CAMS), Certified AML and Fraud Professional (CAFP) or CPA
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