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.
At Regions, the Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) Enhanced Due Diligence (EDD) Analyst is responsible for performing holistic due diligence reviews in support of the Bank’s BSA/AML Know Your Customer (KYC) policies and procedures. The BSA/AML EDD program is designed to review higher-risk customers and their activity closely at account opening and periodically thereafter.
Ensures compliance with BSA/AML related laws and regulations and identifies matters of noncompliance and escalates them as necessary for resolution
Conducts initial and periodic reviews when certain events occur that may raise the risk profile for certain customer relationships
Analyzes accounts and customer information according to prescribed internal policies and procedures
Compiles and assesses customer due diligence research, documentation, investigative and monitoring reports, and prepares detailed reports of findings
Performs customer enhanced due diligence including investigative and monitoring reviews utilizing internal and third-party research tools
Operates under close supervision of more seasoned team members and/or team leadership
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
High School Diploma or GED
One (1) year of experience in branch management, platform, BSA/AML, fraud, loss prevention, corporate security, or related field
Bachelor's degree in related field may substitute experience
Previous BSA/AML experience, preferably in EDD or KYC/Customer Due Diligence (CDD)
Association of Certified Anti-Money Laundering Specialists (ACAMS), Certified Fraud Examiner (CFE), or similar compliance certification
Skills and Competencies
Ability to assess risk as well as advise management of risk(s)
Ability to deal with all levels of personnel in a courteous and efficient manner
Ability to multi-task and set priorities
Ability to work in a collaborative environment, as well as independently
Ability to work under pressure on multiple tasks concurrently and meet deadlines in a fast-paced work environment with interruptions and changing priorities
Detail oriented, analytical, and critical thinking skills
Experience with case management systems, databases, and similar automation
Knowledge of BSA/AML, KYC/CDD and Financial Crimes Enforcement Network (FinCEN) related laws and regulations
Verbal and written communication skills
Pay 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 will also vary among individual associates within the same job.
The target information listed below is based on the national range and level of the position.
Job Range Target:
Incentive Pay Plans:
This job is not incentive eligible.
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
Health Savings Account
Flexible Spending Account
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.
Bring Your Whole Self to Work
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.
OFCCP Disclosure: Equal Opportunity Employer/Disabled/Veterans