Compliance & Oversight Specialist- Consumer Banking (Hybrid- KC Only)

UMB Bank•Kansas City, MO

2d•Hybrid

About The Position

The Compliance & Oversight Specialist- Consumer Banking is responsible for the development and oversight of the consumer first line of defense policies and procedures. The position reports to the Consumer Banking First Line of Defense (FLOD) Program Manager , documenting current practices, identifying gaps in oversight and/or procedures and working with the line of business and Corporate Compliance on remediation of identified gaps. How you will spend your time: Responsible for UMB Quality Control Plan, documenting results and recommending corrective action, as needed. Manages quality control reviews performed by the third party, review and summarize results and communicate findings to UMB Mortgage. Be UMB Mortgage's liaison to Corporate Risk Management with the HMDA-LAR. Perform monthly quality control reviews of UMB Mortgage's HMDA data to ensure accuracy. Update the HMDA-LAR as needed due to any findings with internal and external audits UMB Mortgage. Complete and update first line of defense matrices, including documenting oversight activities and processes, identifying owners and documenting gaps; this will involve working with numerous operational units within the Bank for identified gaps in oversight, develop, document, and oversee remediation. Perform and document quality assurance testing critical policies and procedures identified in the matrices. Produce procedures for all quality assurance tests. As new products or systems are rolled out, develop quality assurance procedures to ensure systems are working as intended. Working closely with Corporate Compliance, Consumer Operations, the Bank Product Group and Corporate Audit Services. Cross training on functions performed by the Consumer Banking- Compliance & Oversight department. Other duties as assigned.

Requirements

Bachelor’s degree or equivalent in Accounting, Finance or Business Administration or equivalent work experience.
One-year experience in audit, compliance, internal control development or risk management.
Three years of banking experience.
Two years of mortgage lending industry experience.
Demonstrates ability to develop and maintain rapport with various departments to effectively obtain and document information.
Demonstrate proficiency in documenting, evaluating, and analyzing processes that identify key risks and controls.
Demonstrates ability to learn and understand banking regulations and the required oversight necessary to ensure regulatory compliance.
Demonstrate strong organization abilities including the ability to prioritize tasks and workload.
Demonstrate ability to work independently and in a group setting.
Demonstrate effective written and oral skills.
Demonstrate proficient problem-solving skills.
Proficiency in Microsoft Office tools.

Responsibilities

Responsible for UMB Quality Control Plan, documenting results and recommending corrective action, as needed.
Manages quality control reviews performed by the third party, review and summarize results and communicate findings to UMB Mortgage.
Be UMB Mortgage's liaison to Corporate Risk Management with the HMDA-LAR.
Perform monthly quality control reviews of UMB Mortgage's HMDA data to ensure accuracy.
Update the HMDA-LAR as needed due to any findings with internal and external audits UMB Mortgage.
Complete and update first line of defense matrices, including documenting oversight activities and processes, identifying owners and documenting gaps; this will involve working with numerous operational units within the Bank for identified gaps in oversight, develop, document, and oversee remediation.
Perform and document quality assurance testing critical policies and procedures identified in the matrices.
Produce procedures for all quality assurance tests.
As new products or systems are rolled out, develop quality assurance procedures to ensure systems are working as intended.
Working closely with Corporate Compliance, Consumer Operations, the Bank Product Group and Corporate Audit Services.
Cross training on functions performed by the Consumer Banking- Compliance & Oversight department.
Other duties as assigned.

Benefits

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
various associate banking benefits