Corporate Financial Analyst III

Corporate Finance

Location: Lake Oswego, Oregon

About Us:

Umpqua Bank is headquartered in the Pacific Northwest with 5,000+ employees and offers banking services to customers throughout the nation. 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. We are eager to meet candidates who demonstrate behaviors that align with Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships.

About the Role:

The Capital Planning Financial Analyst assists the Capital & Stress Testing Manager in the implementation and execution of the bank-wide capital stress testing plan. In this role, you will be a key member of the Capital Planning Team and will partner extensively with colleagues across both Corporate and line of business functions compiling forecasts, performing maintenance over key parts of the program’s infrastructure, and facilitating the maintenance of the macro-economic variables database. This position makes a material contribution to the stress testing program’s activities and engages with associates at all levels of the company.

The Financial Analyst broadly supports the Bank through financial reporting and performance management needs, including reporting, analysis, and forecasting processes.

You'll analyze historical trends and support the preparation of forecasts to identify and explain historical and projected variances relative to specific targets and scenarios. You will perform, direct, or oversee studies, and develop models and/or reports to support the Capital Planning program or Capital Stress Testing process.

Establish, support, and maintain processes for delivering high-quality results for Stress Testing, Capital Planning, and DFAST activities to ensure timely and accurate regulatory and non-regulatory submissions.

Contribute to the development and maintenance of the stress testing program to strengthen the reliability and repeatability of key processes used in the Capital Management framework.

Partner with the lines of business, Finance, and Risk functions as well as other corporate areas; facilitate cross-functional collaboration and manage inputs required from subject matter experts across the Bank.

Develop, maintain, and monitor quantitative (models) & qualitative methodologies to measure and analyze financial performance.

Conduct special studies and collaborate with other departments in the preparation of financial or statistical forecasts. May participate in the development of company financial policies, practices, and/or procedures.

Assist in the remediation of internal and regulatory recommendations related to the Capital Planning Team's portfolio of activities and in the development of business requirements.

Develop analytics of key drivers of forecast results, changes in relevant business & financial metrics. Prepare and deliver presentation materials for stress testing and scenario analysis.

Drive simplicity and efficiencies in the deployment of stress testing and other capital allocation initiatives, incorporating feedback and refinement of processes from test runs to improve efficiencies.

Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities. 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:

5 years in an analytical role in banking, finance, or relevant accounting or consulting area (or combination thereof) required.

3+ years of financial or risk-related experience in one or more of the following areas: Capital Planning or stress testing, Financial Planning & Analysis (FP&A), Asset Liability Management (ALM), Credit, CECL, Model or a similar domain.

Master’s Degree, MBA, or Certification in a related domain preferred.

Intermediate level skills in spreadsheet management (MS Excel), data management and reporting required. Advanced level skills a plus.

Experience analyzing, aggregating, or summarizing data using one of the following as a plus: Power BI, SQL, Python, or R.

Experience using Axiom EPM, Empyrean, Moody’s DataBuffet, and/or S&P Capital IQ Pro a plus.

Ability to work effectively in a team environment as well as accomplish work assignments under minimal supervision and sometimes tight schedules.

Ability to work effectively with individuals and groups across the company to analyze financial data.

Excellent written, verbal communication, and organizational skills.

Ability to maintain a high level of confidentiality.

Ability to prioritize multiple tasks and meet deadlines.

Work involves sitting, occasional walking, and lifting to 10 pounds.

Occasional travel.

Workstyle: Fully onsite.

We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $56,230.00 to $116,292.00, 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 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.