Collections Vendor Management Compliance Team Leader

Regions Financial   •  

Hoover, AL

Industry: Accounting, Finance & Insurance


5 - 7 years

Posted 31 days ago

Job Description:

At Regions, the Business Unit Compliance Analyst Team Leader 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 should have full ownership for one or more processes, reports, procedures or products, and are also considered analytical or procedural experts within a specific line of business.

Primary Responsibilities:

  • Maintains a proficient knowledge of rules and regulations and their impact on products, services and operations for a specific line of business
  • Establishes partnerships with line of business leadership and serves as a subject matter expert on issues related to compliance
  • Conducts research of laws and regulations that impact compliance to include monitoring for new laws and regulations or changes to existing laws and regulations
  • Partners with the second line of defense to assess new laws and regulations and how they impact the business group
  • Focuses on the resolution of complex problems or transactions, where expertise is required to interpret against policies, guidelines or processes
  • Administers a monitoring and testing program to ensure effective compliance with all applicable laws and regulations
  • Develops business group policies and procedures and provide recommendations to management for final approval
  • Oversees creation and delivery of training to assigned business area to increase compliance awareness
  • Gathers information requested by regulatory agencies
  • May supervise day-to-day work of other professional level compliance associates

This position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay.


  • Bachelor’s degree and five (5) years’ experience in compliance, quality assurance/control, audit or other related compliance function specific to a line of business
  • Or high school diploma and nine (9) years’ experience in compliance, quality assurance/control, audit or other related compliance function specific to a line of business


  • Master’s degree
  • Certified Regulatory Compliance Manager Certification (CRCM)

Skills and Competencies

  • Strong Communication skills
  • Knowledge of legal and regulatory environment as it relates to compliance in a particular line of business
  • Deadline driven
  • Ability to work independently
  • Organizational skills
  • Time management skills
  • Proficiency in Microsoft Office Suite

Additional Preferences

  • Previous experience within Audit, Compliance, Third Party Risk Management, or Risk
  • Familiarity with Collections preferred
  • General knowledge of the Banking industry
  • Previous Leadership/Managementexperience