Bank of the West Sr Controls & Governance Officer – First Line of Defense Operations Permanent Control (OPC) Risk Assessments and Framework in Tempe, Arizona
Sr Controls & Governance Officer – First Line of Defense Operations Permanent Control (OPC) Risk Assessments and Framework
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
Responsible for taking a lead role in ensuring that the assigned business unit policies, procedures and practices align with BoW 2nd line of defense Op Risks and Compliance requirements and providing challenge for continuous enhancements of the BU 1st line of defense set-up. Responsible for supporting, executing and managing deliverables ensuring that the first line of defense business units effectively manage operational, compliance and enterprise risk leveraging a risk based approach within the risk appetite. Through the development of relationships across 1 st line business partners, as well as 2 nd and 3 rd line of defense, supports the business unit process owners and process managers to maintain an adequate and effective program ensuring the Bank is in full compliance with all banking laws, rules, regulations, and internal policies, procedures and processes.
Essential Job Functions
To coordinate and support Business Groups in implementing any Compliance, Operational Risk and Permanent Control assessment (RCRA, RCSA …) or program or initiative as a process for the OPC team. Manage the scope and the calendar, facilitate the assessments/ implementation, ensure action plan follow-up.
To support responding to Regulatory / Audit inquiries and coordinate evidence gathering
To coordinate the risks identification and action plan follow-up
To support NAC (New Activities Committee), Internal Loss and Root Cause Analysis (RCA), Risk Acceptance, MRAM and Issue Management Process and requirements.
To support Reg W Compliance.
To coordinate the production and distribution of processes, procedures/policies and make sure of their compliance with 2LOD requirements and BNPP as well
To coordinate the performance of controls and, if required, to perform testing
To coordinate and promote the identification and recording of historical operational risk incidents
To contribute to any Compliance, Internal Control and Operational Risk statement/reporting
Other Job Duties
To identify and report/escalation alerts on issues related to Compliance, Operational Risk and Permanent Control
Contribute to 1st LOD governance structure
Disseminates all Compliance information and requirements
Performs other duties as assigned.
Requires deep knowledge of job area typically obtained through advanced education combined with experience.
Typically viewed as a specialist within discipline.
May have broad knowledge of project management.
Requires 7 years minimum prior relevant experience.
- Bachelor's Degree Business Administration 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-Arizona-Tempe
Other Locations: United States-California-San Ramon, United States-Nebraska-Omaha, United States-California-City of Industry, United States-California-San Francisco
Requisition ID: 055027