Enterprise Risk Analyst II

Description

About Us:

Umpqua Bank is headquartered in the Pacific Northwest with 5,000 employees and offers banking services to customers throughout the nation. It’s an especially exciting time to join our team as, following the recent merger with Columbia Bank, we have grown to become a leading western-based regional bank with more than $50B in assets under management and an unwavering commitment to our associates, our customers, and our communities.

We create a great place to work by offering a special brand of relationship banking and by providing a culture where associates thrive. Associates who embody our core values fit in well here and we are eager to meet candidates who demonstrate behaviors that align with Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships.

About the Role:

The vision of Enterprise Risk Management (ERM) is to enable a holistic, cross-functional view of risks to drive their effective prioritization and management in line with the Company’s strategic objectives. This role will be responsible for supporting the configuration, maintenance, optimization, and ongoing administration of the Governance, Risk, and Compliance (GRC) solution and the bank’s issues management program. This involves organizing foundational risk data to synchronize with the rollout of risk programs, evaluations, and risk mitigation strategies. Responsible for assisting in operational and enterprise risk management activities of the bank through consultation, coordination of other risk areas, assessment, and monitoring. Applies effective challenge through monitoring, analysis, and reporting on significant risk and control issues. Assist Executive and business line management in the development of effective action plans. Maintains an enterprise risk management strategy that reduces risk, promotes operational efficiency and fosters a high-quality customer experience through implementation of the Enterprise Risk Management Program. A strong candidate should possess a solid grasp of risk management principles and the role of ERM within the 2nd line. Additionally, they should demonstrate a keen interest in exploring the interconnections within risk information and exhibit a natural talent for translating program requirements and enhancements into a user-friendly interface.

• Support the management and ongoing oversight of the Governance, Risk, and Compliance (GRC) tool, including, support for first line risk appetite adoption and application of continuous risk assessment utilizing the GRC and methodology.
• Assist with the implementation and oversight of user access controls within the GRC tool, maintaining a secure and compliant environment.
• Support the bank’s issues management program, ensuring effective implementation, monitoring, and continuous improvement.
• Provide consultation to bank associates for identifying and documenting issues across various bank functions and departments, collaborating with relevant stakeholders to draft corrective actions and enhance operational efficiency.
• Perform root cause analysis and consult on remediation efforts by first line of defense.
• Demonstrate intermediate expertise in operational and/or enterprise risk area(s) of bank or holding company to effectively monitor and challenge associated risk management.
• Participate in cross-functional risk management initiatives and projects that impact multiple risk disciplines and/or business units.
• Assist in administering the Enterprise Risk Management Program through consultation, monitoring, assessment, and reporting on enterprise-wide risks, with some direction from Risk Manager or Risk Officer.
• Assists in the execution of risk management activities, by utilizing a full suite of risk tools and programs to influence decision making and drive risk management prioritization throughout the enterprise.
• Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes.
• Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.
• Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.
• May be asked to coach, mentor, or train others and teach coursework as subject matter expert.
• Actively learns, demonstrates, and fosters the Umpqua corporate culture in all actions and words.
• Takes personal initiative and is a positive example for others to emulate.
• Embraces our vision to become "The World's Greatest Bank.
• May perform other duties as assigned.
  
  

About You:

• Bachelor's DegreeBachelor's Degree in business, finance, economics, accounting, or other applicable discipline or equivalent experience.
• 2-4 years of banking, risk management, compliance, finance, or IT/Ops audit experience. Required
• 1-2 years of Governance, Risk, and Compliance (GRC) tool administration or similar role. Required
• Intermediate knowledge of tools and techniques employed in risk identification, risk assessment, monitoring, and reporting.
• Ability to independently work on multiple complex work efforts, which may involve working with a multitude of business units/key stakeholders or other risk professionals, with limited direction from Risk Manager or Officer.
• Proficient in documentation practices including GRC tool configurations, policies, and procedures supporting both the GRC administration and risk programs like Issues Management.
• Hands-on experience in administrating GRC tools, including user access management, workflow configuration, report creation, and data analytics.
• Proven experience in managing programs, demonstrating the ability to coordinate and oversee multifaceted issues management initiatives.
• Possess strong oral and written communication skills. Ability to present complex information to a variety of different audiences.
• Knowledge of operational and enterprise risk management concepts, best practices, and regulatory guidance.
• Advanced skills in Excel, Microsoft Powerpoint, Microsoft PowerBI and knowledge IRM/GRC systems (ex. LogicManager, ServiceNow, TeamMate, or Archer).
• Proven ability to problem-solve complex issues and troubleshoot issues with the GRC tool with limited supervision.
• Certification: FRM, PRM, CIA, CPA
  
  

Workstyle: Fully onsite.

Our Benefits:

We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $73,000.00 - $120,000.00 and the pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation and those details will be provided during the recruitment process.

We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.

Our Commitment to Diversity:

Umpqua Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: [email protected].

To Staffing and Recruiting Agencies:

Our posted job opportunities are only intended for individuals seeking employment at Umpqua Bank. Umpqua Bank does not accept unsolicited resumes or applications from agencies and Umpqua Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Umpqua Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.