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.
Responsible for leading an effective independent and
testing program for the BSA/AML/OFAC/other required sanctions. Acts as a Level
2 Compliance Testing expert resource for BSA/AML and Sanctions. Leads a team of Testing professionals in
executing and effective Testing program.
Responsible for supervising a team of Testing professionals who perform
and document assigned compliance testing processes related to BSA/AML/OFAC as
well as the communication and resolution of findings and other issues. Identifies
best practices, anticipates and implements changes to the testing plans as a
result of changes in the Bank’s business environment including regulatory
changes. Helps to coordinate work with internal and external auditors and
regulators as necessary. Analyzes the testing methodology to identify patterns
and trends, and communicates with management to ensure that risks are
adequately identified and addressed. Works with business units to ensure Domain
controls are effective enterprise-wide.
Implement and maintain an
ongoing compliance independent testing program at the Bank to assess and review
compliance with BSA/AML/OFAC, regulatory and internal firm policy requirements.
the Compliance Risk Assessment results to contribute to key compliance
activities, including but not limited to: the Annual Compliance Plan, , Compliance
Testing Plans, Compliance training plans and corrective action plans to
remediate key control deficiencies, as appropriate.
and work with multiple stakeholders including other Compliance Testing
professionals and domain specialty groups to promote consistent best practices,
testing and sampling methodologies and standards.
compliance testing programs / testing plans for specific business units and
products based upon the risk assessment process and applicable laws,
regulations and internal policies.
and distribute reports to senior management detailing review findings and
report on significant activities conducted and planned for the upcoming period.
that all findings and recommendations are entered into the GRC Tool and the
Reporting & Issue.
working knowledge of regulatory requirements, relative business enterprise-wide
actives and BSA/AML and Sanctions industry practices and issues.
Education Required Education or
Equivalent Experience Required Experience Administrative/Technical Skills/
8 years of Audit/Testing functional/professional experience
5 years of supervisory or managerial
Alternative: Combination of
education and experience (years /description) 10 + years Audit /Testing
experience with professional certification in lieu of 4 year degree
Strong knowledge of the Bank Secrecy
Act, USA PATRIOT Act, OFAC/Sanctions and FFIEC Examination Manual
Familiarity with corrective action
and other control remediation process;
Strong writing and comprehension skills;
Independent worker; ability to
multi-task and work in a fast-paced environment;
Strong interpersonal skills for
Proficiency with Microsoft Office
Products Word, Excel, PowerPoint;
Working knowledge of data analytics
tool (i.e. ACL) preferred but not required;
Ability to manage multiple
compliance reviews and projects at the same time and meet timely deadlines;
Team player and ability to work
Language skills - French and or
Spanish preferred but 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 Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.
Primary Location: United States-Nebraska-OmahaJob Type: Full-timeJob: Compliance