What are the responsibilities and job description for the SOX Auditor position at Umpqua Bank?
About Us:
Umpqua Bank is a publicly traded financial holdings company, headquartered in the Pacific Northwest with 6,000 employees, which 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:
Performs Sarbanes-Oxley (SOX) testing to independently evaluate the design and operating effectiveness of key controls over financial reporting. Conducts internal audits and participates in special projects relating to a wide range of bank finance and accounting functions, operations, regulatory compliance, risk management, and technology to evaluate the adequacy and effectiveness of internal controls that are designed to ensure achievement of management's operating objectives, compliance with applicable laws and regulations, and reliability of financial statements and other reporting.
- Performs assigned SOX testing procedures, including attending control walkthroughs, evaluating of the design of key controls, and testing the operating effectiveness of key controls.
- Compiles and maintains audit work papers in conformity with departmental quality standards and guidelines promulgated by the Institute of Internal Auditors.
- Executes assigned tasks in conformity with deadlines and budget expectations.
- Keeps the Lead Auditor and Audit Manager informed of progress, impediments, and the results of fieldwork.
- Participates in discussions with audit clients/management regarding results of testing in order to validate facts and circumstances, establishing the basis for audit testing conclusions and/or reportable findings.
- Identifies and/or helps to assess potential for control enhancements or opportunities for management to improve the efficiency or effectiveness of operations.
- Provides assistance in responding to information requests or requests for assistance from external auditors, regulatory examiners, and other bank departments.
- Proactively seeks information and learns about the business.
- 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.
- May perform other duties as assigned.
About You:
- Bachelor's Degree Bachelor's Degree in Accounting, Finance, Economics, or related business field or equivalent experience preferred
- 0-2 years of experience or strong academic record in a relevant business or technical discipline required
- General familiarity with banking and financial services.
- General knowledge of accounting and finance, risk assessment, internal control, and auditing concepts/methods; basic knowledge and skills in relevant technical discipline (e.g., information technology, quantitative/modeling, data analytics, other).
- Willingness to learn, work as part of a team, and comfortable sharing ideas with others.
Work Style:
Umpqua Bank offers a Flexible Workplace Program and this opportunity comes with the Flex Office work style which is working in office from a designated company location three days weekly with flexibility to work remotely up to two days weekly.
Our Benefits:
We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $57,520.00 - $80,340.00, 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: careers@umpquabank.com
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.
Salary : $57,520 - $80,340
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