Umpqua Bank Third Party Oversight and Contract Manager in NA , Colorado Third Party Oversight and Contract Manager
Corporate Administration
Spokane,Washington
NA,CA
NA,Arizona
NA,Idaho
NA,Washington
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: Manage the overall process for contract lifecycle management and third-party oversight. Contract lifecycle management activities include but are not limited to handling of initial requests, facilitating and routing of contracts, supporting negotiation efforts, storing/ retrieving/reporting of contract documents, assessing contract obligations/performance and processing amendments/renewals/terminations. Third party oversight efforts range from identifying, assessing, and mitigating risks associated with third party provided products/services to mitigating identified risks. Support and ensure the company's risk management program to meet or exceed Regulatory guidance.
Continually evaluate and develop robust processes to support contract lifecycle management (CLM) and third-party oversight (TPO) functions to meet industry best practices.
Supervise a team of associates responsible for supporting contract lifecycle management and third-party oversight.
Engage and communicate with business units on the overall CLM and TPO procedures/processes including process and change management.
Implement, maintain, and manage enterprise tools for contract records management including document routing, storage, retrieval, and reporting.
Oversee third party due diligence and periodic reviews; ensuring appropriate risk assessments such as legal, information security, business continuity, disaster recovery, consumer compliance, financial and model risks are conducted.
Perform data analytics and reporting activities, including tracking, reporting, and escalating on outcomes from CLM and TPO activities.
Develop and maintain CLM and TPO policies and procedures by partnering with Audit, Risk, and other departments across the organization.
Monitor new regulatory changes impacting third party risk management and oversight.
About You: Bachelor's degree in Business, Finance, Economics, Accounting, or other applicable discipline or equivalent experience
4-7 years of banking, risk management, compliance, finance, or IT/Ops audit experience.
2-4 years of contracting and contract lifecycle management experience.
2-4 years of experience managing others, preferably in a risk management or audit function.
Demonstrate ability to independently manage multiple work efforts, which may involve working with a multitude of business units/key stakeholders.
Possess strong oral and written communication skills. Ability to present complex information to a variety of different audiences.
Knowledge of vendor risk management concepts, best practices, and regulatory guidance.
Proven analytical skills with the ability to problem-solve complex issues.
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.
Workstyle: Fully onsite
We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $77,000.00 - $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.
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