HR Risk & Compliance Analyst

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. 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.
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
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.
Bachelor’s degree in Business, Finance, Audit or related field
Or High School Diploma or GED and four (4) years of related work experience
Experience in Compliance, Quality Assurance/Control, Audit, or other related compliance function specific to a line of business
Ability to research, analyze data, and derive facts
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
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
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.
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 full-time basis.
Full time
Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.
Job Range Target:
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Medical, Dental and Vision Benefits
Disability Benefits
Health Savings Account
Flexible Spending Account
Life Insurance
Employee Assistance Program
Riverchase Complex North Building
Hoover, Alabama Equal Opportunity Employer/including Disabled/Veterans
Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.