Umpqua Bank Sr. Interest Rate Derivative Consultant in Seattle, Washington

In the role of Senior Hedging Consultant, you will be the primary contact for Relationship Managers (RM) and internal management. You will be immersed in deal structuring and transaction execution and will be trained in all aspects of Back Office operations and a range of legal/documentation matters.


  • Participate in and lead various IRHS initiatives of moderate to complex scope. Through systematic coverage, liaise effectively with Relationship Managers (RM) ensuring appropriate use of IRHS products and meet established IRHS team budget targets. Actively market derivatives products, using a consultant sales approach to Qualified Borrowers via in person meetings and conference calls. In addition, undertake regular internal marketing to RMs and bank management.

  • Manage customer service standards, ensuring an exceptional level of client service through responsiveness, availability and expertise. With an erratic transaction flow and often high volume of client demands, this position requires excellent prioritization, time management, multitasking, and communication skills, both written and verbal.

  • Operate within the IRHS team environment which is marked by a high level of cooperation, support, timely feedback and peer mentoring.

  • Adhere to the highest standards of conduct at all times to ensure that Umpqua's best practices are implemented and followed to minimize risks associated with derivative products (Counterparty Funding Risk, Market Risk, Operating Risk, Price Risk, Regulatory Risk, Reputational Risk, Settlement Risk, etc.).

  • Demonstrate compliance with all bank regulations that apply to your position, and keep up to date on regulation changes.

  • Maintain working knowledge of our policies and procedures regarding the Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations that apply to your position.


  • Bachelor of Arts (or equivalent experience level); Bachelor of Science Accounting/Finance/Economics, preferred.

  • 3+ years of experience in Commercial Banking required.

  • Requires a high level of intellectual curiosity, as well as the drive to build lasting relationships and improve processes is required.

  • Ability and willingness to train and present to small and large audiences of varying sophistication complex concepts in a manner that are easily understood. Strong PowerPoint skills for developing and maintaining key customer and internal presentations.

  • Ability to identify process improvement opportunities, lead and contribute to projects that directly improve customer service, operational procedures, or reduce risk.

  • Thorough understanding of the Front-To-Back trade event life cycle processing and subject matter expertise in Interest Rate Derivatives.

Physical Requirements and Working Conditions

Work involves:

  • sitting

  • walking

  • lifting up to 25 pounds.

  • Occasional travel

No relocation offered.

About Us

We do things a little differently here at Umpqua. Our retail stores serve as community hubs, our associates are given up to 40 hours of volunteer time each year, and we're never satisfied with the status quo. It's no wonder we've made "Fortune's 100 Best Companies to Work For" eight years in a row. But greatness has no finish line, so we continue every day to keep people at the center of everything we do. We focus on building relationships, understanding our customers' needs and connecting to people in new and innovative ways -- always staying true to our mission of providing personalized banking for all people, whenever and however they prefer to bank.

Umpqua Bank is committed to employing a diverse workforce. Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, protected veteran status, or disability. We maintain a drug-free workplace and may perform pre-employment substance abuse testing.