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Bank of the West Senior Compliance Officer in San Ramon, California

Senior Compliance Officer


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 – an

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

This is a 2nd Line of

Defense Compliance position that is responsible for partnering with the

Business Units, assessing the BSA/AML and Sanctions risk and control profile,

advising, monitoring and challenging core compliance program components;

ensuring compliance with regulatory risks; managing risk in a transparent

manner; and monitoring the adequacy of controls.

Essential Job Functions

  • Conduct enterprise BSA/AML andtargeted risk assessments, which includes the following:
  1. Conducting interviews with line ofbusiness representatives to understand risks and controls associated withcustomers, products and services, business strategy, and system initiatives;

  2. Defining parameters and risk attributesfor data collection;

  3. Conducting analysis with collecteddata and other information to quantify inherent risks and risk exposures;

  4. Assess the adequacy of the controlenvironment to mitigate risks and to identify any control gaps / enhancedopportunities;

  5. Socializing and presenting findings/resultsto LOBs;

  6. Producing comprehensive finalwritten product capturing the risk analysis, control assessment, and directionof risk as well as an executive-level reporting for the bank, broker dealer andthe respective boards.

  • Performs AML transaction monitoring coverage assessment and makerisk-based recommendations

  • Implement data driven policy, strategy and risk managementpractices.

  • Advises and guides Business Units on regulatory, policy, andcompliance process requirements to ensure compliance with new or existingregulations and best practices.

  • Advises management on risk assessment processes and providesguidance in design and development of processes and controls to manage risks.

  • Partners with business line team members to ensure timelyidentification, mitigation, resolution and reporting/escalation of existing andemerging compliance risks and issues.

  • Provides expertise, oversight, guidance, and advices on regulatoryrequirements that affect the Business Unit and oversees the Business Unitcompliance implementation efforts.

  • Works with the areas of the Business Lines affected by changinglaws, regulations, or policies to ensure the appropriate changes are timely implemented.

  • Advises and consults on proposed new products, services, andinitiatives with regard to compliance obligations and corresponding compliancerisks, and mitigating controls. Reviews/identifies regulatory impact, andapproves recommended controls.

  • Advises on the design of theBusiness Lines QC/QA processes, monitors and challenges execution of QA/QC,assesses and identifies weaknesses, and escalates issues as appropriate.

Other Job Duties

  • Conducts periodic risk-based monitoring to ensure thatkey compliance processes in the Business Lines are conducted in a timelyand well-controlled fashion and provides reports as appropriate.

  • Provides input in design of business managementinformation (MI) reporting to incorporate compliance risk metrics,monitors metrics and escalates matters as appropriate.

  • Reviews and advises on Business Linescompliance-related training materials, assignments, and delivery.

  • Assists in preparation for regulatory examinations,advises on remediation and Action Plan design to address regulatoryfinding and tracks timely remediation efforts of the regulatory issues.

  • Collaborate across the Compliance community tocommunicate a comprehensive view or compliance risk to management, assistsin the implementation of robust compliance monitoring/surveillanceprograms.

  • Performs other duties as assigned.



Required Experience

  • BS Degree required

  • Minimum 5 yrs compliance, risk, internal audit, or regulatory experience in the banking industry

  • BSA/AML/Sanctions, Financial Crimes or related Governance, Oversight and Risk Assessment


  • Strong knowledge of the lawsapplicable to money laundering, to include the BSA, AML, USA PATRIOT Act, andOFAC requirements

  • Strong knowledge of general bankingwith an understanding of Retail, Commercial, Wealth Management products andservices

  • Knowledge of services provided bybroker-dealers, investment management, trust and foreign exchange and capitalmarkets

  • Strong communication andcollaboration skills, including the ability to work effectively with others atall levels across the organization

  • Ability to learn quickly, manageprojects and drive/achieve results

  • Ability to work with regulatoryagencies, including OCC, FDIC, CFPB, FINRA or state agencies

  • Ability to multi-task and managecompeting priorities

  • Strong time management, projectmanagement and independent operator

  • Strong interpersonal skills forcoordination/liaison functions.

  • Strong writing skills forcomposition of reports.

  • Strong understanding of Excel isrequired. Data analytics (SQL, R) and experience with visual analytics tools is desiredbut not required.

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

Job: Compliance

Location: United States-California-San Ramon

Other Locations: United States-Nebraska-Omaha, United States-California-San Francisco

Requisition ID: 043251