Senior Financial Risk Analyst at Umpqua Bank Santa Rosa, CA

Senior Financial Risk Analyst

Location:

Santa Rosa, CA / Lake Oswego, OR.

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 employees. 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, Sr. will conduct independent monitoring of the Capital, Market, Credit, and Liquidity risk management frameworks and adherence to the Company’s risk appetite, key risk indicators, policies, and procedures. Plays a significant role in providing effective challenge reviews to the business units’ processes, models, and assumptions that measure capital adequacy, market, credit, and liquidity risks. Under the direct supervision of the Financial and Model Risk Director, ensures oversight of the Financial Risk Management program through participation in cross‑departmental initiatives and committees, while regularly interacting with Senior and Executive Management, external consulting firms, and regulatory exams.

• Collaborate with the respective business units that own capital, market, credit, and liquidity risks to ensure compliance with regulatory and industry standards.
• Perform root cause analysis and effective challenge into the business units’ processes, controls, methodologies, and assumptions as it relates to the Bank’s Financial Risk Management program.
• Develop and implement processes that enhance and improve monitoring, reporting, and measurement of the financial and enterprise risk management frameworks.
• Provide 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.
• Respond to ad hoc requests from the business units, senior management, and regulators as necessary.
• Ensure activities meet internal policy and regulatory standards of "effective challenge."
• Demonstrate compliance with all bank regulations for assigned job function and apply to designated job responsibilities – knowledge may be gained through coursework and on‑the‑job training. Keep up to date on regulation changes.
• Follow all Bank policies and procedures, compliance regulations, and complete 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 learn, demonstrate, and foster the Umpqua corporate culture in all actions and words.
• Takes personal initiative and is a positive example for others to emulate.
• Embrace our vision to become "Business Bank of Choice".
• May perform other duties as assigned.

• Master’s Degree in Business Administration, economics, accounting, or finance. (Preferred)
• 4‑7 years in banking or financial services as a Financial Risk Analyst, Financial Analyst, Risk Analyst, or similar. (Required)
• Less than 2 years of previous experience as a team or project lead. (Preferred)
• Demonstrated understanding of statistical modeling and econometric forecasting; demonstrated understanding of Credit Risk (PD/LGD/EAD), Market Risk, Operational Risk, Asset & Liability Management, Stress Testing, or Economic Capital calculation.
• Knowledge of regulatory requirements related to financial and model risk…