Acctg/Compliance Offcr-ABL

UMB Bank•Dallas, TX

19d•$67,869 - $99,836

About The Position

The Accounting & Compliance Officer divides responsibilities between accounting and compliance. The role supports the integrity of company records, bank accounts, and management reporting, and helps ensure Capital Finance operates in accordance with corporate policy and external regulatory requirements, including those of the Office of the Comptroller of the Currency (OCC). The position coordinates examinations and reviews, supports loan operations and funding, handles credit-facility documentation and lien processes, and serves as a liaison on compliance activities. The role also maintains client and compliance records, communicates policy and procedural updates, and trains staff on regulatory and compliance matters.

Requirements

At least 3 years of accounting or related experience.
Strong organizational skills.
Strong written and verbal communication skills.
Ability to solve problems.
Ability to multitask.
Strong analytical skills.
Proficiency with Microsoft Word, Excel, PowerPoint, and Outlook.

Nice To Haves

Four-year college degree.
Some knowledge of federal banking regulations.

Responsibilities

Coordinate reviews and examinations by external authorities such as the OCC and internal functions such as loan review, corporate auditing, and quarterly portfolio reviews.
Prepare and provide monthly, quarterly, and annual financial reporting to management as needed.
Review, negotiate when appropriate, and execute legal documents with outside counsel and clients; identify steps needed to obtain priority security lien interests for new transactions and client modifications.
Assist with funding, including entering advance approvals as directed by credit authorization, and ensure documents comply with company policies, procedures, and applicable regulations.
Take initiative in making decisions and completing projects, seeking input from others when appropriate.
Coordinate client billings and daily loan processing of advances and collections, ensuring transactions are authorized, initiated, and recorded properly.
Review and assist in negotiating legal documentation for credit facilities, authorize loan advances from lenders, execute documents, and direct financial transactions.
Perform lien searches and analyze results for underwriters and account executives; initiate or direct external counsel to file UCC documents before client loan funding.
Review prospect and client Customer Identification Worksheets for compliance with the company's Customer Identification Program.
Prepare legal files after closing for each credit facility.
Set up new clients in the loan system and maintain records for existing clients.
Prepare and maintain the company database for the Office of Foreign Assets Control (OFAC).
Liaise with the Compliance Committee to complete periodic compliance projects and support compliance with regulatory authorities and internal corporate policy, including preparing and distributing ABL compliance policies.
Coordinate with Credit Management on revised underwriting guidelines and establish tracking for exceptions.
Advise ABL staff of changes in corporate policy.
Update the ABL Procedures Manual as procedures or structures change.
Conduct periodic staff training on regulatory, policy, and compliance issues, including customer identification and information security.
Perform other duties as assigned.