Acctg/Compliance Offcr-ABL

Th Accounting & Compliance Officer will split duties between accounting and compliance issues. This position assists with the integrity of company records, bank accounts, and reporting to management. The position also works to ensure that Capital Finance operates in compliance with the Corporate Policy, and with external regulatory authorities such as the Office of the Comptroller of the Currency (OCC).

How you will spend your time:  

• Coordinate all reviews and examinations by both external authorities such as the OCC, and internal functions such as loan review, corporate auditing, and quarterly portfolio reviews.
• Complete and provide critical financial reporting to management as needed (monthly, quarterly and annually).
• Review and may negotiate and execute legal documents with outside counsel and clients. Reviews documents to identify and initiates steps required to obtain priority security lien interest in a timely manner for new transactions and modification of existing and new clients.
• Assist with the funding process, including input advance approval as directed with credit authorization; ensure all documents are in full compliance with the Company policies and procedures, as well as any governing regulations.
• Take initiative to make decisions and push projects to completion. Knows when to involve others and gather input.
• Coordinate loan operations client billings, daily loan processing of advances and collections, to assure all transactions are properly authorized, initiated and recorded.
• Review and assist with negotiation of all legal documentation for credit facilities, including ability to authorize loan advances from lenders, execute documents and direct financial transactions.
• Perform lien searches and analyze results for Underwriters and Account Executives; initiate or direct external legal counsel to handle the proper filing of UCC documents prior to a client loan funding.
• Review prospects and client Customer Identification Worksheet to comply with the Company's Customer Identification Program.
• Prepare legal files after closing for each credit facility.
• Set up new clients in loan system and performs client maintenance for existing clients.
• Prepare and maintain company database for Office of Foreign Assets Control (OFAC).
• Serve as the liaison with the Compliance Committee, to ensure that completes periodic compliance projects, and operates in compliance with regulatory authorities as well as internal corporate policy. This will also include the preparation and distribution of compliance policies for ABL.
• Coordinate with Credit Management to understand any Underwriting Guidelines that are revised and establish necessary tracking exceptions.
• Advises ABL staff of changes in Corporate Policy.
• Update the ABL Procedures Manual as procedures or structures change.
• Conduct periodic training sessions to keep staff informed and up to date on regulatory, policy, and compliance issues, such as customer identification, information security, etc.
• Other duties as assigned.

We are excited to talk with you if:  

·   3+ years of accounting or related experience Demonstrates strong organizational skills

·   Demonstrates strong communication skills, both written and verbal

·   Demonstrate ability to problem solve

·   Demonstrates ability to multi-task

·   Demonstrates strong analytical skills

·   Demonstrates proficiency with Microsoft products (Word, Excel, Powerpoint, Outlook)

Bonus Points if you have:

• 4-year college degree
• Some knowledge of federal banking regulations
• undefined

Compensation Range:

The posted compensation range on this listing represents UMB’s good faith and reasonable estimate based on its budget and what it expects to be the starting pay for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. 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.

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