Business Risk Partner-ALM

UMB Bank • CA

79d • $83,810 - $179,300

About The Position

Enterprise and Operational Risk partners with UMB management in its obligation to effectively manage operational, compliance and other related risks within the UMB family of corporations. This team provides timely, accurate, and seasoned judgment related to operational, regulatory compliance risk, suggests strategies for mitigating risk, promotes a strong culture of risk management, and fulfills regulatory expectations of administering effective risk management frameworks, compliance monitoring and other mandated programs. The Business Risk Partner is responsible for supporting UMB Financial Corporations Enterprise Risk Management Program to ensure the Company addresses current and emerging risks, technologies to support UMB’s strategic plan, and evolving business conditions. You will provide support in facilitating risk event and control assessments across several areas with an emphasis on Treasury and other Finance related functional areas, generating risk profiles, and supporting loss event reporting. Additionally, this role maintains UMB policy and control procedure records and oversees governance activities at the direction of the Enterprise Risk Management Director.

Requirements

• Bachelor’s degree in Business, Finance, Accounting, or similar area of study.
• At least six (6) years of experience in enterprise risk management, risk management, enterprise risk management audit, Treasury or safety and soundness regulatory experience OR a combination of experience and education will be considered.

Responsibilities

• Work closely with business leaders to help educate and support the enterprise to identify, assess, monitor, and control business level risks primarily through the risk and control self-assessment process with special focus on all things Asset Liability Management/Treasury Function related.
• Create and maintain a policy library, establishing clear guidance on what is and what is not appropriate in a given document.
• Work closely with line of business leaders (in particular the Corp. Treasury Team) and subject matter experts to continuously improve the content of such documents and manage cross-references to authoritative sources and control procedures.
• Develop and maintain the collection, analysis, and reporting of qualitative and quantitative risk data and summarize key findings in report format.
• Coordinate and respond to internal and external audits, examinations, and third-party assessments on UMB’s Enterprise Risk Management Program.
• Lead efforts to perform the annual incentive compensation risk assessment, working with key partners including the compliance and human resources teams.

Benefits

• Paid Time Off
• 401(k) matching program
• Annual incentive pay
• Paid holidays
• Comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
• Health savings, flexible spending, and dependent care accounts
• Adoption assistance
• Employee assistance program
• Fitness reimbursement
• Tuition reimbursement
• Associate wellbeing program
• Associate emergency fund
• Various associate banking benefits

What This Job Offers

• Job Type: Full-time
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees