Bank of the West Sr Lead Operational Risk Analyst - Third Party Risk in San Ramon, California

Sr Lead Operational Risk Analyst - Third Party Risk


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 at 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.

Position Summary

Responsible for managing the day to day execution and coordination of the operational risk function within the Operational Risk program. Responsible for the part of the program which could include: reporting, testing, development of new tools and methodologies, program or project management, leading special projects, as well as program implementation as it applies to the business lines or the overall Bank.

This role:

  • Within assignment has a broad range of independence ensures the Operational Risk Program is working effectively to report on the LOB/support function's risk posture and rein in excessive risks/risky activities.

  • Undertakes transversal & vertical assessments of exposures, identifying risks, evaluating their potential impact and reviewing the strengths and weaknesses of existing controls. For assigned Control Programs, such as 3rd Party, Information Security, Business Continuity, Records, Fraud, etc. acts to maximize benefit of program components.

  • Work with other risk functions to develop and implement controls that mitigate risks.

  • Once the controls are in place, continues to monitor control compliance and the prevalent risk environment recommending incremental recommendations for improvement to ensure that exposures are kept at acceptable levels.

  • Oversees the execution of the operational risk management standards and procedures; developing operational risk management analysis reports; developing approval procedures and guidelines on operational risk limits by type of product and/or transaction (where appropriate); and in establishing management and administrative procedures to ensure adherence to policies.

  • Counsels business unit managers on operational risk management issues.

  • Based on assigned role, prioritizes Operational Risk activities to reduce income volatility for the bank and increase risk transparency while being attentive to increasing the level of customer service and satisfaction.

  • May participate in evaluating new products, changes to the channels through which products are offered, and technology impact assessments for their impacts on the bank's or LOB’s operational risk profile.

Other Job Duties

  • Operational Risk Department Assigned responsibility for specific areas of the Bank's Corporate Operational Risk Management function. Under a senior leader, role may include design of standardized risk taxonomy, risk management processes, and/or templates used across the company.

  • Business Group Operational Risk Support Directly responsible for a key segment of LOB/support function OR activities in accordance with the Bank's operational risk management policies. Under a senior leader, role may include design of standardized risk taxonomy, risk management processes, and/or templates used across the company. Under LOB/support function ORM may oversee and participate in First Line Control credible challenge to determine if controls are in place and working as intended.


Required Experience

  • Requires mastery level knowledge of job area typically obtained through advanced education combined with experience.

  • May have deep knowledge of project management.

  • Requires 10 years minimum prior relevant experience.


  • Bachelor's Degree IT, Security, Risk Management or related field

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: Risk Management

Location: United States-California-San Ramon

Other Locations: United States-Nebraska-Omaha, United States-North Dakota-Fargo, United States-Washington-Seattle, United States-California-Los Angeles, United States-California-San Francisco, United States-Arizona-Tempe, United States-Colorado-Denver, United States-California-City of Industry

Requisition ID: 041334