Financial Risk Analyst at Umpqua Bank Roseville, CA

Financial Risk Analyst

Umpqua Bank – Roseville, CA

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.

The Financial Risk Analyst will assist in supporting the Bank's corporate, enterprise, and financial risk management practices, ensuring compliance with the company's risk appetite, key risk indicators, policies, and procedures. Under the supervision of the Financial and Model Risk Director, the Financial Risk Analyst supports risk management initiatives, assisting in cross-departmental projects and gaining exposure to senior professionals, external consultants, and regulatory reviews.

This role involves contributing to effective challenge reviews of business units' processes, models, and assumptions under the guidance of senior risk professionals.

• Collaborate with the respective business units that support financial risk and enterprise risk.
• Assists in root cause analysis and contributes to effective challenge of business units' processes, controls, methodologies, and assumptions related to the Bank's Financial Risk Management program.
• Supports the development and implementation of processes to improve monitoring, reporting, and measurement within the financial and enterprise risk management frameworks under senior guidance.
• Supports continuous and ongoing monitoring of internal, market, and regulatory conditions while identifying and assessing potential risks.
• Prepare reports and analysis for senior management and various committees.
• Actively engage, support, and participate in both the Financial and Model Risk Management program and Enterprise Risk Management program.
• Supports ad hoc requests from the business units, senior management, and regulators as necessary.
• Ensures activities meet internal policy and regulatory standards of "effective challenge."
• 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 in Business Administration, Economics, Accounting, or Finance – Required.
• Master's Degree (MBA, Economics, Accounting, or Finance) – Preferred.
• 2–5 years in banking or financial services as a Financial Risk Analyst, Financial Analyst, Risk Analyst, or similar – Required.
• General understanding of statistical modeling and econometric forecasting; general understanding of financial and enterprise risk management frameworks, and stress testing.
• General understanding of regulatory requirements related to financial and model risk management (FRB/OCC SR 11‑7, 10‑6, 10‑1), Basel II/III capital requirements, and Dodd‑Frank Act Stress Testing (DFAST).
• General understanding of various risk frameworks, accounting standards, and financial…