Compliance and Oversight Analyst Sr

UMB Bank•Kansas City, MO

6d•Hybrid

About The Position

As a Senior Compliance and Oversight Analyst, you will assist in the execution of an effective Compliance and Oversight Program to assure Private Wealth Management maintains 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 develop an understanding of the laws and regulations applicable to Private Wealth business strategies, products, services, and processes. You will provide suggestions to improve policies/procedures, business practices, and/or compliance related controls. You will become a supportive resource for questions related to current policies and procedures. You will assist in the documentation and maintenance of the department’s policies and procedures. You will conduct quality control (QC) testing to determine effectiveness of business processes and adherence to policies, procedures, and regulatory requirements (First Line of Defense). You will assist with internal and external regulatory inquiries, examinations, and other compliance related audits. You will develop and deliver training for line of business, communicating policies and compliance requirements. You will assist with resolving escalated or complex issues. You will execute the Code of Ethics program for Private Wealth Management associates. You will be responsible for processing regulatory filings. You will review and approve the department’s marketing and advertising materials. You will partner with Legal, Corporate Compliance, other lines of business and Leadership as needed. Other duties as assigned. We’re excited to talk with you if: You have 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. You demonstrate proficiency in identifying and assessing compliance risks and recommending appropriate strategies to mitigate risk for a RIA (Registered Investment Advisor). You are proficient in documenting business policies, and procedures. You demonstrate excellent written and verbal communication, organizational, problem solving, and decision-making skills. You demonstrate ability to define problems, collect data, establish facts, and draw valid conclusions. You have excellent time management skills and the ability to work independently. You show proficiency of Microsoft Office Suite (Word, Excel, PowerPoint, SharePoint). You have the ability to adapt and work within multiple business support systems. Compensation Range: $57,760.00 - $124,170.00 The posted compensation range on this listing represents UMB’s standard for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. In addition, this range does not encompass the full earning potential for this role. Please see the description of benefits included with this job posting for additional information 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. Benefit offerings and eligibility requirements vary. Are you ready to be part of something more? You're more than a means to an end—a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard. 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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 in 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.
Be 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