TPO Analyst

In this role, you will support the overall process for contract-lifecycle management and third-party oversight. Contract lifecycle management activities include, but are not limited to, handling of initial contract requests, facilitating and routing of contracts, supporting negotiation efforts, storing/retrieving/reporting of contract documents, assessing contract obligations/performance and processing amendments/renewals/terminations. Third party oversight efforts range from recognizing and measuring risks associated with third party provided products/services and mitigating identified risks.

Functions

• Perform activities to support contract lifecycle management (CLM) and third-party oversight (TPO) functions
• Provide proactive communication with all aspects of CLM and TPO functions to internal stakeholders and management.
• Partner with business units to become a trusted partner and facilitate strategic plans for third party oversight and contract renewal engagements.
• Partner with other internal business units with the TPO process in facilitating the overall risk review to ensure timely reviews and evaluation to completion.
• Maintain contract records management including document routing, storage, retrieval and reporting.
• Partner with the Supplier Management and Strategic Sourcing team regularly and support the overall Procurement processes and policies with CLM & TPO.
• Perform third party due diligence and periodic reviews by coordinating risk assessments such as legal, information security, business continuity, disaster recovery, consumer compliance, financial and model risk reviews.
• Perform duties in accordance with third party risk management and oversight procedures and policies.
• Monitor new regulatory changes impacting third party risk management and oversight.
• Demonstrate compliance with all bank regulations that apply to your position and keep up to date on regulation changes.
• Maintain working knowledge of our policies and procedures regarding the Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations that apply to your position.

Qualifications

• Bachelor's Degree in Business, Finance, Economics, Accounting, or other applicable discipline or equivalent experience.
• 1-3 years banking, risk management, compliance, finance, or IT/Ops audit experience.
• 1-3 years contracting and contract lifecycle management experience.
• Experience in risk management, audit or compliance risk management activities.
• Demonstrate ability to independently manage multiple work efforts, which may involve working with a multitude of business units/key stakeholders.
• Possess strong oral and written communication skills. Ability to present complex information to a variety of different audiences.
• Knowledge of vendor risk management concepts, best practices, and regulatory guidance.
• Skilled in Microsoft Office application suite
• Proven ability to problem-solve complex issues with limited supervision

Physical Requirements and Working Conditions

Work involves:

• sitting
• walking
• lifting up to 25 pounds.
• occasional Travel

No relocation offered.

About Us

We do things a little differently here at Umpqua. Our retail stores serve as community hubs, our associates are given up to 40 hours of volunteer time each year, and we're never satisfied with the status quo. It's no wonder we've made "Fortune's 100 Best Companies to Work For" eight years in a row. But greatness has no finish line, so we continue every day to keep people at the center of everything we do. We focus on building relationships, understanding our customers' needs and connecting to people in new and innovative ways - always staying true to our mission of providing personalized banking for all people, whenever and however they prefer to bank.

Umpqua Bank is committed to employing a diverse workforce. Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, protected veteran status, or disability. We maintain a drug-free workplace and may perform pre-employment substance abuse testing.

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