What are the responsibilities and job description for the Trust Investment Analyst position at Umpqua Bank?
Description
About Us:
Umpqua Bank is headquartered in the Pacific Northwest with 5,000 employees and offers banking services to customers throughout the nation. It’s an especially exciting time to join our team as, following the recent merger with Columbia Bank, we have grown to become a leading western-based regional bank with more than $50B in assets under management and an unwavering commitment to our associates, our customers, and our communities.
We create a great place to work by offering a special brand of relationship banking and by providing a culture where associates thrive. Associates who embody our core values fit in well here and we are eager to meet candidates who demonstrate behaviors that align with Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships.
About the Role:
A Trust Investment Analyst performs trade execution, portfolio maintenance, compliance, preparation of performance reports, analysis of stocks, bonds, and mutual funds, and related activities to meet the goals and objectives of the Trust Company.
Workstyle: Fully onsite
Our Benefits:
We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $61,070.00 - $80,000.00 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.
About Us:
Umpqua Bank is headquartered in the Pacific Northwest with 5,000 employees and offers banking services to customers throughout the nation. It’s an especially exciting time to join our team as, following the recent merger with Columbia Bank, we have grown to become a leading western-based regional bank with more than $50B in assets under management and an unwavering commitment to our associates, our customers, and our communities.
We create a great place to work by offering a special brand of relationship banking and by providing a culture where associates thrive. Associates who embody our core values fit in well here and we are eager to meet candidates who demonstrate behaviors that align with Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships.
About the Role:
A Trust Investment Analyst performs trade execution, portfolio maintenance, compliance, preparation of performance reports, analysis of stocks, bonds, and mutual funds, and related activities to meet the goals and objectives of the Trust Company.
- Assist the portfolio management team in the management of trust accounts
- Contribute investment ideas to the strategy teams
- Assist in administrative aspects of the department’s risk management results relating to investments
- Coordinate with Portfolio Managers to ensure a high level of client service
- Coordinate with Portfolio Manager to ensure a high level of compliance, audit, and risk management results
- Perform a variety of tasks related to ensuring full compliance with all rules and regulations associated with the trust portfolio
- Author informal and formal written communications for internal and/or external customers, management, employees, and others, to include memoranda and e-mails
- Initiate trades in the rebalancing process efficiently and without overdrafts or failed trades
- Initiate mutual fund trades, purchases, and sales for new accounts and to meet the cash demands of existing clients
- Execute trades in individual equity and fixed income securities as directed by Portfolio Managers
- Assist trust administrators and trust assistants with investment-related issues arising in trust accounts, including proposals for investment strategies, selection of mutual fund models, analysis of liquidity requirements, and other account-specific investment issues
- Prepare investment reviews as directed
- Assist in the preparation of Prudent Investor Act documentation and client investment policy statements
- Serve as a liaison between the company and its performance software vendor
- Analyze performance reports to assure accurate reporting to clients
- Prepare and maintain the company’s composite investment results
- Other responsibilities as assigned
- 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.
- Bachelor’s Degree: Bachelor’s degree or Master of Business Administration in finance or a related discipline (Preferred)
- Working toward CFA designation (Preferred)
- 2 years: Two years in trade execution and settlement, performance measurement, or other investment-related functions in either a brokerage firm or trust department (Required)
- Moderately advanced spreadsheet and word processing skills, including the ability to create graphs, use complex Excel formulas, and make PowerPoint presentations for Trust sales opportunities and seminars
- Ability to operate various software applications involved in the Trust Investment function
- Effective time management and organizational skills
- Effective interpersonal skills to relate to a variety of upper-level managers, executives, directors, customers, and employees
- Public relations skills, including tact, diplomacy, and patience
- Ability to manage confidential information
- Ability to work on several projects simultaneously and with a variety of employees, managers, and executives
Workstyle: Fully onsite
Our Benefits:
We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $61,070.00 - $80,000.00 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.
Salary : $61,070 - $80,000
