Compliance and Oversight Analyst Sr

UMB Bank • Kansas City, MO

4d • Hybrid

About The Position

As a Senior Compliance and Oversight Analyst, you will a ssist in the execution of an effective Compliance and Oversight Program to assure Private Wealth Management m aintains the required level of compliance set forth by the SEC. This is a hybrid position, working from home Fri., and working in the office Mon., Tues., Wed. & Thur. How you will spend your time: You will d evelop an understanding of the laws and regulations applicable to Private Wealth business strategies, products, services, and processes. You will p rovide suggestions to improve policies/procedures, business practices, and/or compliance related controls. You will b ecome a supportive resource for questions related to current policies and procedures. You will a ssist in the documentation and maintenance of the department’s policies and procedures. You will c onduct quality control (QC) testing to determine effectiveness of business processes and adherence to policies, procedures, and regulatory requirements (First Line of Defense). You will a ssist with internal and external regulatory inquiries, examinations, and other compliance related audits. You will d evelop and deliver training for line of business , communicating policies and compliance requirements. You will a ssist with resolving escalated or complex issues. You will e xecute the Code of Ethics program for Private Wealth Management associates. You will be r esponsible for processing regulatory filings. You will r eview and approve the department ’ s marketing and advertising materials. You will p artner with Legal, Corporate Compliance, other lines of business and Leadership as needed. Other duties as assigned.

Requirements

• Working knowledge of the Investment Company Act of 1940, as well as Securities Act of 1933, Securities Exchange Act of 1934, and related rules, regulations , guidance
• Demonstrate proficiency in identifying and assessing compliance risks and recommending appropriate strategies to mitigate risk for a RIA (Registered Investment Advisor).
• Proficient i n documenting business policies, and procedures.
• Demonstrate excellent written and verbal communication, organizational, problem solving, and decision-making skills.
• Demonstrate ability to define problems, collect data, establish facts, and draw valid conclusions.
• Excellent time management skills and the ability to work independently.
• Show proficiency of Microsoft Office Suite (Word, Excel, PowerPoint, SharePoint)
• Ability to adapt and work within multiple business support systems.

Responsibilities

• Develop an understanding of the laws and regulations applicable to Private Wealth business strategies, products, services, and processes.
• Provide suggestions to improve policies/procedures, business practices, and/or compliance related controls.
• Become a supportive resource for questions related to current policies and procedures.
• Assist in the documentation and maintenance of the department’s policies and procedures.
• Conduct quality control (QC) testing to determine effectiveness of business processes and adherence to policies, procedures, and regulatory requirements (First Line of Defense).
• Assist with internal and external regulatory inquiries, examinations, and other compliance related audits.
• Develop and deliver training for line of business , communicating policies and compliance requirements.
• Assist with resolving escalated or complex issues.
• Execute the Code of Ethics program for Private Wealth Management associates.
• Responsible for processing regulatory filings.
• Review and approve the department ’ s marketing and advertising materials.
• Partner with Legal, Corporate Compliance, other lines of business and Leadership as needed.
• Other duties as assigned.

Benefits

• Paid Time Off
• 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
• various associate banking benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 1,001-5,000 employees