Description About Us:
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.
About the Role:
Successful candidates will provide complex middle office support to DCM programs, work on problems of moderate to extensive scope where analysis of situations or data requires a review of identifiable factors as well as advanced problem solving skills, and exercise judgment within defined procedures and practices to determine appropriate action.
- Responsible for administration of the Interest Rate Hedging and/or Syndication and Asset Sales programs within the Debt Capital Markets Department.
- Responsibilities include support of the Syndications program, the asset sales program, and the Customer Level Interest Rate Hedging program, including documentation, closing, file maintenance and data input.
- Works specifically on syndicated loans, agency services, asset sales, and swap transactions including data analysis and coordination of sales process.
- Acts as a liaison with customers, attorneys, loan administration, accounting, Commercial Loan Administrators, and Relationship Managers, during all phases of Debt Capital Markets transactions.
- One or more of the following, as directed by department management:
- Directs the portfolio management of the Bank's Agency portfolio and distribution of required materials to lending partners. Prepares internal and external reporting on the Agency and Non-Agency portfolio for review by DCM leadership.
- Coordinates with third-party loan buyers and other parties to assist with completing asset sales as needed; this includes helping track questions from loan buyers, creating and/or posting documents for due diligence purposes, drafting paperwork and forms, and other tasks that facilitate the execution of asset sales.
- Executes hedging transition with borrower and ensures the completion of relevant administration.
- 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.
About You:
- Bachelor's degree or equivalent work experience (Required)
- 4-7 years of relevant loan administration and/or capital markets experience. (Required)
- Excellent analytical and problem-solving skills.
- Excellent loan administration experience with knowledge of commercial and industrial as well as commercial real estate lending.
- Strong familiarity with commercial finance, documentation, accounting and data systems.
- Ability to administer a complex commercial loan/DCM portfolio.
- Excellent written and verbal communication.
- Ability to work effectively with individuals and groups across the company to manage internal and external customer relationships.
- Proficiency with personal computers and related software packages such as Word, Excel, Power Point, and other business machines.
- Ability to train and present to small and large audiences or has the interest in learning to train and present.
Job Location(s): Ability to work fully onsite at posted location(s).
1111 Third Avenue 29th Floor Seattle, WA 98101
Travel Type:
Occasional
Our Benefits:
We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $76,654.42 - $120,000.00 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.
