Operations Risk Analyst

$44,790 - $103,820/Yr

Umb Financial Corporation - Kansas City, MO

posted 2 months ago

Full-time - Mid Level
Kansas City, MO
Credit Intermediation and Related Activities

About the position

The Operations Risk Analyst at UMB Financial Corporation plays a crucial role in the ongoing administration and support of various risk programs, processes, and audits that impact Bank Operations. This position is responsible for completing regular analysis reports, specialized reports, and special projects as requested. The analyst will also be tasked with completing monthly statistical reporting for payment processing and presenting findings to senior and executive management on a monthly basis. Additionally, the role involves performing self-testing of controls and conducting bi-annual risk self-assessments. The Operations Risk Analyst will assist in gathering and reviewing data for various audits and reviews, as well as following up on internal or external audits to resolve any questions or outstanding items. Identifying potential process improvements and implementing documented changes is also a key responsibility. The analyst must maintain policies and procedures related to their job duties and stay current on industry activity, changes, regulations, and announcements. Other duties may be assigned as necessary to support the overall risk management framework of the organization.

Responsibilities

  • Complete regular analysis reports, specialized reports, and special projects as requested.
  • Complete monthly statistical reporting for payment processing.
  • Present reporting and findings to senior & executive management on a monthly basis.
  • Perform self-testing of controls as well as bi-annual risk self-assessments.
  • Assist with gathering and review of data for various reviews and/or audits.
  • Assist with follow up from internal or external audits to resolve questions and/or outstanding items.
  • Identify potential process improvements and implement documented changes.
  • Maintain policies and procedures related to job duties.
  • Understand and remain current on related industry activity, changes, regulations, and announcements.
  • Other duties as assigned.

Requirements

  • Associate degree or equivalent experience.
  • Five (5) years' experience with banking or financial processing or equivalent experience.
  • One (1) year of compliance, audit, or risk experience.

Nice-to-haves

  • Bachelor's degree.
  • Accredited ACH Professional and/or Accredited Payments Risk Professional.
  • Five (5) years of specific experience working with electronic payments and/or treasury management products/processes.
  • Experience working with financial risk modeling.

Benefits

  • Health insurance
  • Dental insurance
  • Flexible spending account
  • Tuition reimbursement
  • Paid time off
  • Adoption assistance
  • Employee assistance program
  • Vision insurance
  • 401(k) matching
  • Gym membership
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