Bank of the West Jobs

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Bank of the West KYC Client Acceptance Committee Coordinator & Controls & Governance, Supervisor in Littleton, Colorado

KYC Client Acceptance Committee Coordinator & Controls & Governance, Supervisor


What sets Bank of the West apart from other banks is our team members–they embody the optimistic spirit of the West. There is a spirit

here that drives

us to do more. Our team of more than 10,000 employees is vital to the success

of our Bank. They reflect our modern western

values—straightforward, entrepreneurial and optimistic. We seek to create a corporate culture

that fosters and rewards excellence, encourages creative thinking

and respects diversity

– and environment where

team members are engaged, supportive of one another

and enthusiastic about

serving our customers. Bank of the West offers

the stability of a company

that has a 135 year history and is part of BNP Paribas, a European leader in global banking

and financial services

and one of the 6 strongest banks in the world. We offer opportunities across our diverse business

lines – Retail Banking, Commercial Banking, National Finance,

and Wealth Management.

Job Description Summary

Responsible for overseeing the efficient

execution of centralized compliance functions and practices at the group or corporate level. Identifies and remains abreast

of laws, regulations and regulatory guidance

related to a specific regulation

(i.e., AML, OFAC, Fair Lending, or other Banking

regulation). Ensures centralized operational practices are accurately documented in procedures to transparently demonstrate satisfaction of compliance rules. This includes monitoring the compliance

and operational control process,

all while ensuring

that the business

activities are performed

in accordance with applicable laws, regulations and best practices.

Essential Job Functions

  • Managesateamofstaffresponsibleforregulatoryand/orprogramactivitiesrelatedtoBankregulations.

  • Actsas the Client Acceptance Committee Coordinator for RBG KYC Operations.Prepares high risk files for escalation to CAC and coordinates approvals fromcompliance and the Line of Business.

  • Conductscustomer due diligence and high risk reviews according to the bank’s BSA/AMLpolicy and procedures.

  • Managesinternal quality control for high risk clients.

  • Ensuresthat decisions to retain or exit a customer relationship alignwithsupportingdocumentation. Submittedforeachhighriskcustomertype,andwithappropriate researchconductedduringthehigh risk review process.

  • Providessubjectmatterguidancetoimplementchangestopolices,processes,proceduresorcontrols.

  • Overseesprojectsorongoingcontrolprocessorcontinuousmonitoringprocessrelatingtocontrolsthatensurecompliancewithoneormoreregulatoryrequirement.

  • Contributetoward creating efficient solutions to challenges that impact the overall team,while maintaining a focus on productivity. Other Job Duties

  • Performsotherduties and responsibilities, asassigned


Required Experience

  • Requirespracticalknowledgeinleadingandmanagingtheexecutionofprocesses,projectsandtactics for an operational group.

  • Typicallyhasadvancedknowledgeandskillswithinaspecifictechnicalorprofessionaldisciplinewithunderstandingoftheimpactofworkonotherareasoftheorganization.

  • Experiencewith customer outreach, telephone etiquette, and ability to establish rapportby phone.

  • Establishand maintain effective working relationships with Bank field RelationshipManagers and/or Retail Branch contacts.

  • CorporateCompliance-BSA/AML-Managesstaffofemployeesresponsiblefor the verification of required Know Your Customer (KYC)documentation, ,customeridentification/validationcaseinvestigations,Office of ForeignAssets Controls (OFAC) validationreporting,customerriskassessment,duediligenceandenhancedduediligence,and Customer Identification (CIP) operationsfunctions.

  • ResponsibleformanagingtheefficientexecutionofcentralizedcompliancefunctionsrelatingspecificallytoAnti-MoneyLaundering(AML)andOfficeofForeignAssetsControlSanctions(OFAC)operations.

  • Therolealsocoordinateswithbusinessunitfunctionswithregardtoensuringthe completeness and the validation ofcustomer records in compliance with Bank requirements: Education

  • Bachelor'sDegree or Equivalent work experience. Required Skills andCompetencies:

  • Demonstrated People Management and Leadership skills.

  • Negotiationskills.

  • PlanningandOrganizing.

  • Leadingthecoordinationwithdifferentbankcomplianceandinternalcontrolstreams

  • Policiesandprocedures.

  • Lineofbusinessentityandunitlevelcomplianceandoperationscontrolassessments.

  • Knowledgeof Customer Identification Program (CIP) compliance requirements and research.

  • Thoroughknowledge of Bank deposit account procedures as they apply to account openingand requirements.

  • Overseethepreparationanddistributionofregular/specialmanagementreportsonregulatoryandoperationalriskcomplianceandthedepartment’sactivities.

  • Review/approvedatacompiledforanalysisordashboards.

  • Ensurestaffmaintainscurrentknowledgeofoperationalriskmanagementandregulatorycompliancerequirementsforfinancialinstitutions.

  • Possessesastrongknowledgeofindustrybestpractices. Equal Employment Opportunity Policy BankoftheWestisanEqualOpportunityemployerandproudtoprovideequalemploymentopportunitytoalljobseekerswithoutregardtoanystatusprotectedbyapplicablelaw. BankoftheWestisalsoanAffirmativeActionemployer-Minority/Female/Disabled/Veteran.BankoftheWestwillconsiderforemploymentqualifiedapplicantswithcriminalhistoriespursuanttotheSanFranciscoFairChanceOrdinancesubjecttotherequirementsofallstateandfederallawsandregulations.

Job: Operations

Location: United States-Colorado-Littleton

Requisition ID: 045941