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.
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Job Description:
At Regions, the Commercial Payments Risk Analyst will assist in mitigating compliance, reputational, operational, and other applicable risks to the company and will perform ongoing monitoring of third-party payment processor programs via review of various documentation to include financial information, client customer lists, customer complaint reports, internal and customer-provided management reporting.
Primary Responsibilities
Assists in collecting, organizing, and analyzing regular transaction reporting as required from higher risk payment processor clients
Communicates shortfalls in reporting, past due deadlines, and detects and reports suspicious activity as necessary
May establish line of business partnerships with internal departments as well as key compliance contacts at Corporate Banking payment processor client locations
Collects and provides data for ongoing reporting to management and business risk committees
Participates in quality assurance reviews of regular processes carried out by the team
May collaborate with management on research to help provide and/or substantiate responses to compliance and/or audit inquiries
Clears negative news alerts and quick deposit (RDC) alerts
Processes and manages new business case requests
Follows up to address consumer compliance complaints
Processes oversight reports collected monthly, quarterly, annually for Bin sponsorship relationships on Regions' portfolio
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 related field and two (2) years of experience in Audit, Compliance, Fraud, Quality Assurance, or related area
Or High School Diploma and six (6) years of experience in Audit, Compliance, Fraud, Quality Assurance, or related area
Preferences
Experience with Bank Secrecy Act (BSA)/Anti-money Laundering (AML) rules and regulations
Experience with consumer compliance rules and regulations
Skills and Competencies
Ability to manage multiple priorities/projects simultaneously
Ability to learn additional systems as needed
Ability to research, analyze data, and derive facts
Ability to work in a team environment when applicable
Ability to work under direct guidance
Ability to work under pressure and meet deadlines
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
Strong verbal, written communication, and organizational skills
Strong work ethic and self-motivation
Position Type
Full time
Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
Paid Vacation/Sick Time
401K with Company Match
Medical, Dental and Vision Benefits
Disability Benefits
Health Savings Account
Flexible Spending Account
Life Insurance
Parental Leave
Employee Assistance Program
Associate Volunteer Program
Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions' benefits, please click or copy the link below to your browser.
We have a passion for creating an inclusive environment that promotes and values diversity of race, color, national origin, religion, age, sexual orientation, gender identity, disability, veteran status, genetic information, sex, pregnancy, and many other primary and secondary dimensions that make each of us unique as individuals and provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work is the right thing to do.
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.
