Compliance and Oversight Analyst II

UMB Bank • Kansas City, MO

36d • Hybrid

About The Position

As a Compliance and Oversight Analyst II, you will be exposed to all departments within Private Wealth Management. You will be primarily focused on systematic tasks and responsibilities within the Compliance & Oversight Team. Area of Responsibility and Purview: Performs most if not all of Private Wealth Management’s first line of defense activities, as directed by a Manager within the function. This is a hybrid position, working from home Fri., and working in the office Mon., Tues., Wed. & Thur. Training may require on site full time. How you will spend your time: You will conduct quality control (QC) testing to document effectiveness of business controls and adherence to policies and procedures (FLOD). You will manage the department library of policies and procedures. You will maintain the Compliance & Oversight SharePoint page and dashboards. You will manage Private Wealth’s document storage and retention systems and processes. You will develop and provide reports, as directed. You will prepare department committee meeting materials. You will manage the Code of Ethics program for Private Wealth Management associates. You will assist in the account review (Reg 9) program to Private Wealth Management. You will conduct Regulatory reporting for Private Wealth Management. Other duties as assigned.

Requirements

• You possess a Bachelor’s degree in relevant field or combination of education and experience that provides an equivalent background.
• You have 3+ years of applicable experience within Financial Services.
• You have systems thinking and complex problem solving skills.
• You have attention to detail, yet ability to grasp big picture.
• You are highly organized and can effectively multi-task.
• You are a great communicator with quality interpersonal skills.
• You show proficiency in documenting business processes, policies and procedures.
• You have exceptional written communication skills.
• You show proficiency of Microsoft Office Suite (Word, Excel, PowerPoint, SharePoint).

Nice To Haves

• You have 1st and/or 2nd Line of Defense experience in risk management within a large financial institution.
• You have knowledge regarding wealth management services.
• You have an understanding of financial services enterprise risk frameworks and concepts.
• You have general knowledge of risk control testing process design and program execution.
• You have proficiency in UMB and Private Wealth software tools such as SEI, Fidelity, Salesforce, SharePoint and Workday.
• You have used software tools for business process mapping, analysis, and re-engineering.
• You have working knowledge of applicable laws and regulations in wealth management (OCC).

Responsibilities

• Conduct quality control (QC) testing to document effectiveness of business controls and adherence to policies and procedures (FLOD)
• Manage the department library of policies and procedures
• Maintain the Compliance & Oversight SharePoint page and dashboards
• Manage Private Wealth’s document storage and retention systems and processes
• Develop and provide reports, as directed
• Prepare department committee meeting materials
• Manage the Code of Ethics program for Private Wealth Management associates
• Assist in the account review (Reg 9) program to Private Wealth Management
• Conduct Regulatory reporting for Private Wealth Management
• Other duties as assigned

Benefits

• UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees