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..
This role is a leadership position within the Corporate Compliance BSA/AML and Sanctions team at Bank of the West. This person will be responsible for being the SME to and driving numerous enterprise-wide projects related to sanctions and foreign correspondent banking. They will also be responsible for developing and building an anti-bribery corruption program to meet FCPA requirements. This person will provide BSA/AML/ and Sanctions compliance oversight of banking activities engaged in by various business lines or initiatives that may require compliance with foreign anti-money laundering / counter terrorism financing (AML/CTF) and/ or sanctions regulatory requirements.
Drive numerous short and long-term projects affecting area as subject-matter expert
Manage and drive resolution of remediation and strategic items for sanctions and foreign banking
Develop an enterprise-wide anti-bribery and corruption program including program, risk assessment, policy and training; and develop and manage operational outcomes (vendor due diligence) as needed
Ensure development, implementation, and maintenance of an effective OFAC/sanctions screening program across all business lines.
Work with program area to develop and perform the annual Sanctions risk assessment.
Identify risks and major compliance obligations (MCOs) related to OFAC / sanctions compliance and foreign banking compliance; assesses and advises on corresponding controls and control effectiveness.
Ensure that the Bank’s businesses have implemented appropriate OFAC / sanctions screening tools in accordance with the Bank’s OFAC/sanctions policy, and maintains appropriate oversight of ongoing OFAC/sanctions screening throughout the Bank.
Drive development of centralized processes and systems for OFAC/sanctions screening and compliance monitoring as appropriate.
Assist in the development and/or enhancement of business line OFAC automated screening tools.
Assist in the development of OFAC and sanctions testing protocols.
Participates and is the SME when assessing new business line products and services
Required Education or Equivalent Experience
Required license(s) or
certification(s) ACAMS or ACFCS preferred
6 to 8 years of directly related
experience; 6 to 10 years of business analysis experience
5 years of supervisory or managerial
Alternative: Combination of
education and experience (years /description) equivalent of 10 years related
Field of Experience
Minimum 10 years related bank
compliance experience at major banking institution or regulatory agency
Strong subject matter knowledge of
correspondent banking compliance requirements, foreign bank AML
re-certification requirements, non-US anti-money laundering / counter terrorism
financing regulatory requirements, and their practical application in a
financial services environment
Strong knowledge of OFAC Sanctions,
Anti-Boycott, and other prominent sanctions programs (eg. EU, UN), Bank Secrecy
Act, USA PATRIOT Act, and FFIEC Examinations Manual
Strong knowledge of Anti-bribery and
Experience dealing with regulatory
authorities at a high level
Knowledge of payment and sanctions
People management experience and
experience working across diverse business groups and teams
Exceptional communication skills
(both written and oral); experience making presentations to senior level
Strategic thinker and thought leader
Ability to multi-task and work in a
Computer literacy required (Word,
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