Trust and Custody Operations Compliance Specialist

UMB Bank•Kansas City, MO

About The Position

As our Trust and Custody Operations Specialist, you will collaborate with internal partners and serve as a point of contact with external auditors for SSAE18 and SOC1 processes in assigned areas. You will also serve as a point of contact for internal and external regulatory compliance examinations and audits.

Requirements

A Bachelor's Degree in a relevant field or four additional years of relevant work experience.
At least three (3) years of custody operations, registered funds, private funds, or related financial services experience.
At least two (2) years of compliance or audit experience with a financial institution or consulting firm.

Responsibilities

Administer and maintain the Trust and Custody First Line of Defense (“FLOD”) Program, including, without limitation, documenting internal controls, performing and completing testing of internal controls in a timely fashion, and providing reporting to senior management at a regular frequency that clearly summarizes the results of testing performed through the Program.
Partner with business leaders in assigned areas to remediate issues identified through Trust and Custody FLOD Program.
Support the completion of due diligence requests received from clients in assigned areas and on-site client visits.
Assist your business lines in the resolution and remediation of compliance matters and audit findings.

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