Trust and Custody Operations Compliance Specialist

UMB Financial
Kansas City
Workplace: HybridFull timeUSD 57,760 - 109,460Function: Legal, Risk & ComplianceEducation: bachelorsSkills: ["Collaboration","Attention to detail","Stakeholder management","Problem remediation","Audit readiness"]

Collaborate with internal partners and act as a key point of contact for external auditors and regulatory examinations covering SSAE18 and SOC1 processes. Administer and maintain the Trust and Custody First Line of Defense (FLOD) program, including control documentation, control testing, and reporting results to senior management. Partner with business leaders to remediate issues, support client due diligence requests, and help resolve compliance matters and audit findings.

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UMB Financial
UMB Financial
2 months ago

Trust and Custody Operations Compliance Specialist

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Source: Company careers pageValidated by: Fursa AI
Status: Live

Job Summary

Collaborate with internal partners and act as a key point of contact for external auditors and regulatory examinations covering SSAE18 and SOC1 processes. Administer and maintain the Trust and Custody First Line of Defense (FLOD) program, including control documentation, control testing, and reporting results to senior management. Partner with business leaders to remediate issues, support client due diligence requests, and help resolve compliance matters and audit findings.
Location: Kansas City
Workplace: Hybrid
Employment Type: Full time
Job Function: Legal, Risk & Compliance

Key Responsibilities

  • •Serve as a point of contact for external auditors for SSAE18 and SOC1 processes in assigned areas.
  • •Administer and maintain the Trust and Custody First Line of Defense (FLOD) program, including documenting internal controls, testing controls, and reporting results to senior management.
  • •Partner with business leaders to remediate issues identified through the FLOD program.
  • •Support due diligence requests from clients and participate in on-site client visits.
  • •Assist business lines with the resolution and remediation of compliance matters and audit findings.

Pay and Benefits

Salary: USD 57,760 - 109,460
Perks:Paid Leave401kAnnual IncentivePaid HolidaysHealth InsuranceDentalVisionAdoption AssistanceGym MembershipFlexible SpendingDependent Care

Key Requirements

  • •Bachelor's degree in a relevant field or four additional years of relevant work experience.
  • •At least three (3) years of custody operations, registered funds, private funds, or related financial services experience.
  • •At least two (2) years of compliance or audit experience with a financial institution or consulting firm.
  • •Experience administering and testing internal controls and documenting results for reporting purposes.
  • •Experience working with regulatory compliance examinations and audit findings.
Experience:Custody operationsFinancial servicesRegistered fundsPrivate fundsComplianceAudit
Education:Bachelor's
Skills:CollaborationAttention to detailStakeholder managementProblem remediationAudit readiness

Company Brief

UMB Financial
UMB Financial is a diversified financial holding company offering commercial banking, treasury management, payment solutions, trust services, and asset servicing. It serves businesses, institutions, and individuals through banking and financial products across the United States.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Kansas City, United States
Founded: 1913
WebsiteLinkedIn