What are the responsibilities and job description for the Corp Trust Compliance Analyst position at UMB Bank?
, a division of UMB Bank n.a.
Are you ready to be part of something more?
You’re more than a means to an end—a way to help us meet the bottom line. UMB isn’t comprised of workers, but of people who care about their work, one another and their community. Expect more than the status quo. At UMB, you can expect more heart. You’ll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunity. UMBers are known for having multiple careers here and having their voices heard.
UMB’s Corporate Trust Compliance team supports the Corporate Trust group by performing account review, monitoring and ensuring compliance with regulations, and producing account summaries and reports as needed. This team is essential to our success in ensuring UMB follows the proper procedures to avoid any potential risk, and therefore mitigating any losses that could be incurred by UMB.
The Corporate Trust department within Institutional Banking has a variety of compliance functions which require a working knowledge of Corporate Trust documents, different product types, clients and procedures. The Compliance Analyst performs non-client facing compliance functions and/or administrative processes which require a centralized control and/or review element.
Working in the Corporate Trust Compliance team can be exciting, challenging, collaborative, and goal oriented. The team is spread out across the UMB footprint and therefore each specialist works independently to meet individual review goals. However the team meets regularly as a group via video conference and focuses on a team culture of constant sharing, connecting, and partnership. There is always a partner ready to help. The Corporate Trust Compliance team is also part of the overall Corporate Trust team and participates in regular department meetings, training sessions provided, and team building activities.
How You’ll Spend Your Time
Compensation Range
$51,480.00 - $99,330.00
The posted compensation range on this listing represents UMB’s standard for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. In addition, this range does not encompass the full earning potential for this role. Please see the description of benefits included with this job posting for additional information.
UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.
Are you ready to be part of something more?
You're more than a means to an end—a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.
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 to let us know the nature of your request.
If you are a California resident, please visit our Privacy Notice for California Job Candidates to understand how we collect and use your personal information when you apply for employment with UMB.
Are you ready to be part of something more?
You’re more than a means to an end—a way to help us meet the bottom line. UMB isn’t comprised of workers, but of people who care about their work, one another and their community. Expect more than the status quo. At UMB, you can expect more heart. You’ll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunity. UMBers are known for having multiple careers here and having their voices heard.
UMB’s Corporate Trust Compliance team supports the Corporate Trust group by performing account review, monitoring and ensuring compliance with regulations, and producing account summaries and reports as needed. This team is essential to our success in ensuring UMB follows the proper procedures to avoid any potential risk, and therefore mitigating any losses that could be incurred by UMB.
The Corporate Trust department within Institutional Banking has a variety of compliance functions which require a working knowledge of Corporate Trust documents, different product types, clients and procedures. The Compliance Analyst performs non-client facing compliance functions and/or administrative processes which require a centralized control and/or review element.
Working in the Corporate Trust Compliance team can be exciting, challenging, collaborative, and goal oriented. The team is spread out across the UMB footprint and therefore each specialist works independently to meet individual review goals. However the team meets regularly as a group via video conference and focuses on a team culture of constant sharing, connecting, and partnership. There is always a partner ready to help. The Corporate Trust Compliance team is also part of the overall Corporate Trust team and participates in regular department meetings, training sessions provided, and team building activities.
How You’ll Spend Your Time
- You will maintain & manage centralization of filing of UCCs as required for Corporate Trust accounts
- You will also manage & monitor client tax records and reporting and serve as liaison between Corporate Trust and Corporate Tax
- You will assist in the review and validation of W-8 tax forms by working with the Corporate Tax group
- You will review and monitor CIP for opening of new accounts
- You have a Bachelor's degree or equivalent work experience
- You have three (3) years' work experience in Corporate Trust or related area
- You have basic bond issuance documents (i.e. Municipal Ordinances, Resolutions and Orders) and related debt financing methods working knowledge
- Possess working knowledge of KYC as well as BSA/AML
- Possess basic W8 knowledge as well as UCCs
Compensation Range
$51,480.00 - $99,330.00
The posted compensation range on this listing represents UMB’s standard for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. In addition, this range does not encompass the full earning potential for this role. Please see the description of benefits included with this job posting for additional information.
UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.
Are you ready to be part of something more?
You're more than a means to an end—a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.
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 to let us know the nature of your request.
If you are a California resident, please visit our Privacy Notice for California Job Candidates to understand how we collect and use your personal information when you apply for employment with UMB.
Salary : $59,598 - $99,330
