What are the responsibilities and job description for the Compliance Spec II-Corp Trust position at UMB BANK NA?
Be part of something more. A majority of our time is spent “at work.” We believe that time most meaningful when it’s spent around people who care about you and who challenge you. We hire people who know how to make good decisions, because we won’t be constantly looking over your shoulder—you’ll be empowered to do what’s right for our customers. Most importantly, we’re a partner. We partner with our associates to help them thrive personally and professionally. We partner with our communities and the organizations that support them. And, we partner with our customers to create an experience they won’t find elsewhere. The Corporate Trust department within Institutional Banking has a variety of compliance functions which require a working knowledge of Corporate Trust documents, clients and procedures. The Compliance Specialist performs initial account reviews and other compliance functions and/or administrative processes which require a centralized control and/or review element. Perform initial reviews of paying agent, trustee and escrow accounts to test compliance with document provisions and departmental procedures. Prepares summaries of review findings for reporting to the Corporate Trust Management Committee. Prepare reports monthly for CT Management & CT Administration staff. Test compliance with specific procedures and report testing results to Compliance Officer and/or Department Manager. Makes recommendations to management on changes to administrative or new business policies and procedures. Assist with the training and implementation of new or revised procedures. Maintain knowledge of bank and trust operations functions as they relate to corporate trust. Maintain knowledge of other divisions and departmental functions in the bank. Participates as needed in the bank's internal and external audits. Completes complex objectives and special projects in a timely manner. Conducts periodic audits of existing accounts, reviewing compliance with document provisions and department procedures. Other duties as assigned. Bachelors degree or equivalent work experience, plus 5 years work experience in Corporate Trust or related area Basic bond issuance documents (i.e. Municipal Ordinances, Resolutions and Orders) and related debt financing methods working knowledge Strong attention to detail & analytical skills Strong organization skills Research and reconciliation experience and skills Background in securities processing, government, audit/compliance or law helpful. Good written and oral communication skills. Proficient computer skills in MS Office Suite Ability to manage priorities, multi task, and work in a deadline driven and changing environment UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to talentacquisition@umb.com or call 816-860-7972 to let us know the nature of your request.
Financial Planning Analyst - Commerce Trust
Commerce Trust -
Kansas, MO