Enhanced Due Diligence Investigator

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 associates.

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:

The Anti-Money Laundering (AML) Enhanced Due Diligence (EDD) Investigator performs enhanced due diligence periodic reviews of the Bank's customers that are at elevated risk for money laundering in compliance with the Bank Secrecy Act and USA PATRIOT Act. The AML EDD Investigator reviews individual and business customer relationships to determine whether account activity is consistent with expected activity and to identify any possible breach of Bank policy and United States laws and regulations.

• Analyze high-risk customer transaction activity to ascertain legitimacy of the business and the business transactions ensuring that the transaction activity is commensurate with the nature of the business entity.
• Analyze AML policies, procedures, and third-party audits of entities required to maintain an AML program to ascertain the entities overall level of compliance and make recommendations regarding the entity based on the level of risk the entity poses to the bank.
• Prepare written analyses for all assigned high risk customers.
• Complete all assigned high-risk alerts generated from AML systems.
• Conduct training, mentoring, and oversight for newer EDD analysts.
• Request and review necessary supporting documentation for EDD depending on the type of review.
• 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:

• H.S. Diploma/GED. Required
• Bachelor's degree in business, economics, accounting, law, law enforcement or related fields. Preferred
• 3+ years of relevant BSA/AML/OFAC, Compliance, Audit or Bank Operations experience. Required
• Possess strong analytical and problem-solving skills, with ability to gather, organize and interpret data and/or information, and formulate preliminary conclusions.
• Knowledge of overall BSA/AML, USA PATRIOT Act, and OFAC requirements and regulations.
• Ability to exercise good judgment in assessing risk.
• Ability to maintain confidentiality and adhere to security procedures.
• Demonstrate strong communications skills, written and verbal and interpersonal skills to interact with a wide range of individuals and situations with tact, diplomacy, and discretion.
• Ability to work effectively with minimal supervision and tight deadlines.
• Certified Anti-Money Laundering Specialist (CAMS)or willingness to obtain 3 years. Preferred
  
  

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

Boise, ID

Seattle, WA

Vancouver, WA

Portland, OR

Hillsboro, OR

Tigard, OR

Bend, OR

Redding, CA

Sacramento, CA

Irvine, CA

Phoenix, AZ

Our Benefits:

We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $25.23- $42.04, 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.