The Compliance Specialist - Lending will report to the Director of Banking Compliance and assist in the execution of an effective compliance program for lending products and services. The job responsibilities will encompass the following as they relate to UMB Bank, n.a.'s credit card loan products and services:
Complete and update risk assessments to maintain an overview of UMB's compliance risk profile;
Collaborate with lines of business to assist with the development and implementation of sustainable and effective controls to manage compliance risks;
Be a supportive resource for questions regarding banking matters;
Review line of business policies and procedures for compliance with applicable laws and regulations and provide feedback when corrective action is identified.
Collaborate and support lines of business with corrective actions to timely resolve issues identified by regulatory examinations, internal audits, self-assessments, or Corporate Compliance;
Participate, in a compliance capacity, in researching and reviewing consumer complaints, providing a timely response to the Consumer Complaint Compliance Analyst;
Conduct regulatory and compliance risk assessments during product development and onboarding and ongoing reviews of third parties and participate in implementation of approved products and services and third-parties;
Review marketing materials and incentive compensation to ensure regulatory compliance is maintained;
Assist in carrying-out the compliance training program by reviewing content and recommending enhancements;
Conduct transaction testing, as needed, to validate regulatory compliance of product and service enhancements;
Support Director of Banking Compliance in the aggregation and communication to key stakeholders of compliance risks;
Other duties as assigned.
Umb Financial Corporation