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Bank of the West Senior Audit Leader - Model Risk Audit (Including Data Analytics) in San Francisco, California

Senior Audit Leader - Model Risk Audit (Including Data Analytics)


At Bank of the West, our people are having a positive impact on the world. We’re investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing for more small businesses, and promoting programs for sustainable energy. From our locations across the U.S., Bank of the West is taking action to help protect the planet, improve people’s lives, and strengthen communities. We are part of BNP Paribas, a global leader supporting the UN Sustainable Development Goals (SDGs). Yes, we’re a bank, but as the bank for a changing world, we are continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth.


Bank of the West’s Inspection Group, as

the Bank’s periodic control function (i.e., third line of defense),

independently assesses the effectiveness of the permanent control function

(i.e., first and second lines of defense) to identify, measure, monitor, and

control risks. The Senior Audit Leader

is primarily responsible for reviewing quantitative model documentation used at

the Bank and the related model validation reports and model performance reports

to ascertain whether the Bank’s standards as well as regulatory expectation set

forth in SR11-7 for model development, validation, implementation, use, and

performance monitoring are sufficiently met. The Senior Audit Leader will formally document

their assessment, issue audit findings/recommendations as needed, and participate

in the validation of model related findings. This individual will be exposed to

a variety of models used across the Bank and requires deep working knowledge

and experience in model development and validation. The Senior Audit Leader will also consider

data sources feeding audited models and coordinate related review as necessary

with Inspection’s data governance personnel.

Our employees are predominantly based

in San Ramon, with San Francisco being an option.

EssentialJob Functions

  1. Performs independent and objective

evaluations of the adequacy, sufficiency and suitability of the Bank's

quantitative model development, validation, performance monitoring, and

internal and governance controls.

  1. Manages audit projects and execute

audits which consists of planning, evaluating, investigating, reporting,

reviewing, and supervising; annual audit planning, continuous monitoring and

risk assessments over model risk management; and monitoring and verification of

auditee management's resolution of audit findings.

  1. Delivers high quality audit results

and well-crafted audit report deliverables on time.

  1. Ensures that audit activities comply

with Inspection Group standards. Communicate effectively, clearly, concisely,

and accurately using written and verbal communications with all levels of


  1. Supervises, directs, mentors, and

evaluates assigned project resources, but does not have any direct reports.

  1. Provides model risk management audit

expertise on integrated audit assignments with the compliance, credit, risk

management, and operations teams.

Coordinates review of data streams feeding models.

  1. Maintains effective and professional

relationships with Bank Senior Management.

  1. Maintains effective and professional

relationships with Bank audit clients; managers and staff of the Bank's public

accountants; representatives of federal and state regulatory agencies; and

others dealt with in a professional capacity.

  1. Maintains current on industry

developments affecting areas of assigned responsibility.

  1. Work with team management to

continually evolve and improve existing processes.

  1. Performs other duties as assigned.




  • Bachelor’s Degree in applicable and

related field - Required; Master’s in a quantitative degree, preferred

  • Required License(s) or Certifications

in CIA, CISA, and CPA - Preferred

  • Requires mastery level knowledge of

job area typically obtained through advanced education combined with


  • Requires 5 - 7 years minimum prior

model development and validation experience.

Equal Employment Opportunity Policy

Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.

Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.

Job: Audit

Location: United States-California-San Francisco

Other Locations: United States-California-San Ramon

Requisition ID: 047421