Enterprise Risk Officer

Description

About Us:

At Umpqua, we create a great place to work by offering a unique brand of relationship banking and fostering a culture where associates thrive. We are dedicated to supporting our customers and communities, and we can only achieve this through the dedication of our employees.

We value Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships, and we are eager to meet candidates who embody these core values. We are always on the lookout for results-focused individuals who can think independently, work collaboratively, and support our broader purpose.

Think of us as financial partners, because at Umpqua, we believe the best way forward is together. Together for people. Together for business. Together for better.

About the Role:

Enterprise Risk Management (ERM) aims to provide a comprehensive, cross-functional perspective on risks, ensuring their effective prioritization and management in alignment with the Company’s strategic goals. The Enterprise Risk Officer will play a key role in leading the organization’s risk management initiatives. They will drive the enhancement of risk management practices and collaborate with cross-functional teams to implement comprehensive risk mitigation strategies. The Enterprise Risk Officer will foster communication and collaboration across the Company and guide stakeholders in identifying, assessing, managing, and mitigating risks. Additionally, they will offer independent and objective feedback to ensure the effectiveness and robustness of risk management practices.

The Enterprise Risk Officer will be pivotal in advancing the governance of corporate policies and management committees within the Company. This position entails overseeing the entire lifecycle of corporate policies and other critical documentation. Additionally, the role involves establishing and maintaining clear roles, responsibilities, and processes to enhance the effectiveness and accountability of governance practices.

• Support the governance of various committees by providing necessary documentation and insights.
• Participate in the development and review of corporate policies, charters, standards, and other critical documentation, ensuring documents comply with internal standards.
• Prepare regular reports on policy governance.
• Support and lead initiatives aimed at enhancing the governance of corporate policies and management committees.
• Lead and support initiatives aimed at enhancing risk management practices.
• Collaborate with cross-functional teams to implement risk mitigation strategies.
• Engage with stakeholders across the Company to provide critical insights into key risks.
• Facilitate communication and collaboration across the Company to ensure effective risk management.
• Provide advice and guidance to stakeholders on the identification, assessment, management and mitigation of risks within the Company.
• Provide independent and objective challenge to ensure the effectiveness of risk management practices.
• 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”
• May perform other duties as assigned.
  
  

About You:

• Bachelor's Degree in business, finance, or other applicable discipline or equivalent experience. Required.
• 5 of banking, risk management, compliance, finance, or IT/Ops experience. Required
• Expert knowledge of tools and techniques employed in risk identification, risk assessment, monitoring, and reporting.
• Strong knowledge of operational and enterprise risk management concepts, best practices, and regulatory guidance.
• Demonstrate ability to independently manage multiple and complex work efforts, which involves directing other key stakeholders across the bank.
• Possess strong oral and written communication skills, critical thinking, and analytical skillset. Ability to present complex information to a variety of different audiences.
• Advanced skills in Excel, Microsoft PowerPoint, Microsoft PowerBI and knowledge of GRC systems helpful.
  
  

Job Location(s): Ability to work fully onsite at posted location(s).

Boise, ID, Vancouver, WA, Portland, OR, or Hillsboro, OR

Our Benefits:

We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $78,000.00 - $110,000.00 and the pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible 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 discount marketplace, 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 is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without 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 characteristics. If 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 only intended for individuals seeking employment at 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 resumes to this site or to any Umpqua Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.