Senior Financial Investigations Manager

Senior Financial Investigations Manager

Corporate Risk

Vancouver, Washington

Lake Oswego, Oregon

Tigard, Oregon

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:

TheSenior Financial InvestigationsManager evaluates, analyzes and reports on BSA/AML & Sanctions risk that resides within products, services, customer base, geographies and various AML related systems in support of the bank's enterprise-wide BSA/AML compliance program including the generation of the annual Risk Assessment. The Risk Manager also manages the Financial Investigations Departments Quality Control team, including Quality Control Analysts for AML Investigations, CDD/EDD, and the Operations Team.

• Prepare, update, and maintain the BSA/AML and Sanctions Risk Assessments to include both quantitative data and qualitative data.

• Analyze changes in inherent and residual risk within the bank's BSA/AML Risk assessment and make appropriate risk-based recommendations to the BSA Officer.

• Analyze AML transaction monitoring systems rules effectiveness (thresholds, risk scoring) and rules tuning and testing of new or updated rule sets as well as testing of various OFAC systems for consistency and effectiveness.

• Develop processes related to AML Risk Monitoring to include Alert and SAR/No SAR Quality Control and OFAC Systems and updates to key risk indicators and development of new key risk indicators.

• Analyze Quality Control (QC) results and provide reports on QA to AML Managers and BSA Officer.

• Supervise AML Quality Control Analysts and work product and analysis produced by those analysts.

• Oversee and maintain/update Department Business Continuity Plan and Call Trees.

• Partner with ERM Model Risk Management to assist in AML systems model validation processes.

• 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 "Business Bank of Choice"

About You:

• Requires bachelor's degree in business, business management, accounting, law, criminal just or related field

• Master's degree in business preferred.

• 3-6 years of experience in financial services with an emphasis on Anti-Money Laundering (AML)/Financial Crimes detection, reporting, and systems.

• 1+ years previous management or supervisory experience.

• CAMS or equivalent certification or willingness to obtain.

• Advanced knowledge of Financial Crimes Detection Systems and OFAC systems.

• Advanced skills in utilizing software such as excel to analyze risk results.

• Possess excellent written and verbal communications skills.

• Ability to analyze complex outcomes from AML Transaction systems and OFAC systems and provide recommendations for threshold changes that are supported with appropriate analytics.

• Extensive knowledge of the requirements placed upon financial institutions to develop and implement AML compliance Management Programs.

• Experience in developing policies, procedures, and practices to support the AML compliance program and risk assessments.

Workstyle: Fully onsite.

Our Benefits:

We offer a competitive total rewards package including basewagesand comprehensive benefits. Thepayrange for this role is $98,000.00 - $150,000.00and the pay rate for theselected candidate isdependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The rolemay beeligible 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 discountmarketplace, 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 isan equal opportunityand affirmative actionemployercommitted to employing, engaging, and developinga diverse workforce.Allqualifiedapplicants will receive considerationfor employmentwithout 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 ~~~ 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 onlyintendedfor individuals seekingemploymentat 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 resumestothis site or toany Umpqua Bank employeeand any such submissionswill be consideredunsolicitedunlessrequesteddirectlyby a member of the Talent Acquisition team.