Bank of the West Senior Vendor Compliance Risk Analyst in Topeka, Kansas
Senior Vendor Compliance Risk Analyst
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.
Job Description Summary
We are currently seeking qualified for our 1 st Line of Defense position as part of the Central Vendor Management team.
Essential Job Functions
Assists the Principal Vendor Compliance Manager in developing, maturing, maintaining and executing the framework for the compliance risk assessment program for the Bank’s Third Party Providers (TPPs).
Acts as subject matter expert applying knowledge of banking regulations to products/services being offered by TPPs in order to conduct an effective compliance risk assessment, analyze results and apply a control effectiveness rating.
Consults with the Business Unit Relationship Manager of the TPP to understand the TPP’s products/services as they apply to the Bank in order to develop an appropriate assessment and correctly interpret the results.
As necessary consults with the Bank’s 2 nd line of defense teams including Compliance subject matter experts, Third Party Vendor Management and Legal. Escalates any issues appropriately to Principal Vendor Compliance Manager.
Track and upload all results and artifacts to the Bank’s system of record.
Assists in performing complaint analysis of new TPPs and applying appropriate compliance risk due diligence both during onboarding and through ongoing monitoring to determine if the TPP has an appropriate control framework to mitigate the identified compliance risks.
Assists in reporting to Executive management and interacting with external examiners and internal audit.
- Prior experience working with regulatory agencies, including OCC, FDIC, CFPB, SEC, MSRB, FINRA or state agencies.
4 - 7 yrs combined Compliance/Audit/Vendor Risk Management experience
Alternative: Combination of education/experience/training/compliance industry certification (CRCM preferred)
- Bachelor's Degree
Strong communication and collaboration skills, including the ability to work effectively with others at all levels across the organization
Strong knowledge of general banking with an understanding of deposit, lending and alternative investment products
Strong knowledge of assigned laws and regulations.
Strong interpersonal skills for coordination/liaison functions.
Strong writing skills for composition of reports.
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.
Location: United States-Nebraska-Omaha
Other Locations: United States-Minnesota, United States-Wisconsin-General WI, United States-Missouri-General MO, United States-North Dakota-General ND, United States-Colorado, United States-Kansas-General KS, United States-New York-New York, United States-Nevada-General NV, United States-California-Newport Beach, United States-California-San Francisco, United States-South Dakota-General SD, United States-Texas-Dallas, United States-Georgia-Atlanta, United States-California-City of Industry, United States-Illinois-Chicago, United States-California-Los Angeles, United States-Washington-General WA, United States-New Mexico, United States-Oklahoma-General OK, United States-California-San Ramon, United States-Idaho-General ID, United States-Utah-General UT, United States-Wyoming, United States-Arizona-Tempe, United States-Oregon-General OR, United States-Ohio-Cleveland
Requisition ID: 056200